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Retail

  • ‘We’ve been thrown under the bus’: hospitality demands government support as the UK faces further restrictions

    December 20, 2021

    Business owners have called for greater government support and stronger communication as the UK heads towards another lockdown.

  • Fast-fashion giant Missguided edges closer to a rescue deal

    December 19, 2021

    Fashion retailer Missguided is on the cusp of a rescue deal, after a challenging pandemic period for the fast-fashion machine.

  • Just Eat enters grocery delivery market race with Asda deal

    December 17, 2021

    Just Eat has waded into the escalating market battle over rapid grocery deliveries, unveiling a deal with supermarket chain Asda.

  • Helical buys 100 New Bridge Street office site for £160m

    December 17, 2021

    Real estate firm Helical has bought City office site 100 New Bridge Street for £160m. The deal – which is considered a Class I transaction – is conditional to shareholder approval at the firm’s general meeting, to take place in early February. “The acquisition of 100 New Bridge Street provides us with the opportunity to [...]

  • Harrods brings forward Boxing Day sale as central London footfall drops

    December 16, 2021

    Luxury department store Harrods has brought forward its usual Boxing Day sale as footfall in central London continues to drop amid rising Covid cases. The sale will start on Friday and run into next year, although further discounts will be introduced on Boxing Day. Shoppers have shied away from visiting central London shopping destinations over [...]

  • No more reason to wine: Government cuts Brexit red tape on wine imports

    December 16, 2021

    The government has today confirmed it will cut the Brexit red tape that costs wine importers coming into the UK some £130m a year. The new legislation will come into effect at the beginning of next year and will ease trading between the UK and the European Union – which accounts for half of the [...]

  • Retail welcomes move for tougher sentences on those who abuse shop staff

    December 16, 2021

    Businesses have welcomed the progression of legislation that will see people who commit violent offences against retail staff face tougher sentences. The House of Lords passed the government’s amendment to the Police, Crime, Sentencing and Courts Bill this week. The amendment will mean assaults on those serving the public or performing a public duty will [...]

  • Ryanair mocks absent Chancellor with ‘come back to help out’ tweet

    December 16, 2021

    The Chancellor of the Exchequer faced criticism from Ryanair this afternoon, as the budget airline urged him to return to the UK and help out ailing businesses. Hospitality and tourism firms have been calling on Sunak to bring back pandemic support measures, as they face waves of cancellations amid a surge of Omicron cases before [...]

  • M&S declares war on Aldi over ‘obvious’ copy of Christmas gin

    December 16, 2021

    Marks and Spencer has launched legal action against discount supermarket rival Aldi, over what it alleges is a copycat gin. Aldi’s ‘The Infusionist’ gold-flake gin liqueur range has been accused of copying M&S’ Light-Up Gin, in papers filed at the High Court earlier this month. M&S registered three varieties of its designs earlier this year, [...]

  • Hospitality pleads Chancellor for support amid ‘deja vu’ of mass cancellations reminiscent of March 2020

    December 16, 2021

    Pubs and restaurants have condemned the Chancellor’s “silence” over support measures for businesses after mass cancellations amid a surge in Omicron Covid cases. England’s chief medical officer, Chris Whitty, said the public should be considering “de-prioritising” certain social events in order to ensure they can visit family at Christmas. Fears of the highly transmissible Omicron [...]

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