Markets rise as Marks and Spencer leads retail boom
Markets in London were driven by a boom in retail stocks on Friday despite new official figures showing a drop in retail sales.
After trading...
West End shoppers return, but favour the weekend
Shoppers are returning to high streets again, especially at weekends, a real estate company based around London’s West End has said.
Shaftesbury said the retailers...
Retail sales fall in July for first time since shops reopened
UK retail sales slipped last month to the weakest performance since shops reopened in April after lockdown restrictions, according to official figures.
The Office for...
Marks and Spencer says turnaround plan working as it upgrades profit targets
Marks & Spencer has said its turnaround plan is working as the retailer upgraded its profit targets after strong food and clothing sales.
Shares soared...
Bidding war heats up at Morrisons with new £7bn bid by US private equity...
US private equity firm Clayton, Dubilier & Rice (CD&R) has announced a new £7 billion bid for supermarket Morrisons.
The deal has been unanimously accepted...
John Lewis launches savings accounts amid push away from retail
John Lewis will offer new savings accounts for customers amid a diversification push away from retail.
The high street institution’s Individual Savings Accounts for both...
HGV drivers threaten strikes over Tesco’s new pay policy
As many as 1,500 convenience stores across London and the south east could face delivery shortages over pay disparities caused by HGV bonuses handed...
High streets to see £17 billion spending boom as 29 million Brits holiday in...
Regional high streets will see a £17 billion tourist spending boom this year, with 29 million Brits holidaying in the UK, according to new...
Business rates plans will make appeals more onerous and expensive, advisers warn
The Government’s latest proposals for business rates reform will create more difficulties for businesses launching appeals than benefits, property consultants have warned.
Experts at real...