News

Debenhams Could Close 90 Stores and Shed 10,000 Jobs

Wednesday 16th January, 2019 Written by Keith Tully

The department store business Debenhams could be set to close down 90 of its stores and shed as many as 10,000 jobs in the process, it has been reported.

Retailers Endured Worst Christmas Trading Period in 10 Years, Says BRC

Thursday 10th January, 2019 Written by Keith Tully

The British Retail Consortium (BRC) has revealed that retailers across the UK experienced their least successful Christmas trading period since 2008 in terms of overall sales.

Economy Energy Collapses After Rescue Efforts Fail

Wednesday 9th January, 2019 Written by Keith Tully

A small gas and electricity supplier based in Coventry has gone out of business after the failure of efforts to secure funding that may have rescued it.

Mothercare Sees Sales Slide as It Plans For More Store Closures

Tuesday 8th January, 2019 Written by Keith Tully

The parent and baby retail company Mothercare has revealed figures showing a sharp drop in overall sales revenues and reiterated its intention to close dozens more of its stores across the UK.

More Tough Times Forecast for Retailers Regardless of Brexit Outcome

Thursday 3rd January, 2019 Written by Keith Tully

Retailers across the UK can expect to face tough trading conditions throughout 2019 regardless of how the Brexit process unfolds in the coming weeks and months.

Costs of Collecting Late Payments Rising Sharply Among SMEs

Wednesday 12th December, 2018 Written by Keith Tully

Small and medium-sized enterprises (SMEs) across the UK are paying increasingly large sums of money to collect amounts owed to them by their clients and customers.

Independent Retail Closures Tracked at Record High in First Half of 2018

Tuesday 4th December, 2018 Written by Keith Tully

The number of independent retailers who closed down outlets during the first half of this year reached a record high level for any comparable period.

Positivity Down Sharply among Services Companies as Profits Tumble

Friday 30th November, 2018 Written by Keith Tully

Optimism Down Sharply Among UK CFOs

Thursday 15th November, 2018 Written by Keith Tully

Confidence among chief financial officers (CFOs) in the UK is very much on the slide, according to a new set of figures.