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News


Chancellor Pledges to Tackle “Scourge of Late Payments”

Tuesday 12th March, 2019 Written by Keith Tully

The chancellor of the exchequer Philip Hammond has said that action needs to be taken to tackle the “scourge of late payments” within business supply chains.

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LK Bennett Fashion Chain Heads into Administration

Friday 8th March, 2019 Written by Keith Tully

As many as 500 jobs could be at risk as a result of the fashion chain business LK Bennett collapsing into administration.

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Get Ready for a ‘No Deal’ Brexit, HMRC Urges UK Businesses

Thursday 28th February, 2019 Written by Keith Tully

HMRC is urging companies across the country to prepare for a scenario in which the UK leaves the European Union without having agreed a deal on the terms of its exit.

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Optimism Falls Sharply Among Service Sector Companies

Wednesday 27th February, 2019 Written by Keith Tully

Optimism among service sector companies across the UK slumped in the three months to February, with profitability also having fallen during the period.

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MPs Call for Online Sales Taxes to Help ‘Level the Playing Field’ for High Street Retailers

Thursday 21st February, 2019 Written by Keith Tully

Members of parliament have proposed that an online sales tax be levied against internet retailers in order to provide support for their high street counterparts.

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Sainsbury’s, Asda Merger Could be Blocked Over Competition Concerns

Wednesday 20th February, 2019 Written by Keith Tully

The proposed merger of two of the UK’s largest retailers has been thrown into jeopardy with the Competition and Markets Authority (CMA).

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Jobs Go at Flybmi After Collapse, Airline’s Administrators Confirm

Tuesday 19th February, 2019 Written by Keith Tully

Administrators appointed to the airline business Flybmi in recent days have confirmed that a majority of the company’s 376 employees have already been made redundant.

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Patisserie Valerie Acquired Out of Administration by Irish Private Equity Firm

Thursday 14th February, 2019 Written by Keith Tully

The bakery chain business Patisserie Valerie has been acquired out of administration by an Irish private equity firm called Causeway Capital Partners.

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Debenhams Secures £40m Lifeline Amid Ongoing Funding Crisis

Wednesday 13th February, 2019 Written by Keith Tully

The department store operator Debenhams has secured access to a £40 million credit facility that should help it cope with the pressures of its ongoing funding crisis.

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