In September, the UK government’s borrowing reached £16.6bn, surpassing expectations and posing significant fiscal challenges.This borrowing increase marks the third-highest on record for September, up by…
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In a noteworthy strategic shift, Sosandar, a women’s fashion retailer, has revised its sales forecast downwards by £5 million for the year.This move comes as Sosandar…
Goldman Sachs foresees a potential drop in UK interest rates to 2.75% by November 2025, contrary to market expectations.Currently, the UK base rate is 5%, identified…
Goldman Sachs predicts a significant drop in UK interest rates to 2.75% by November 2025, which has caught market observers by surprise.The current UK base rate…
A recent survey highlights growing safety concerns among retail workers, emphasizing a surge in violent and abusive encounters that influence job retention.Nearly half of retail staff…
Despite facing challenges, womenswear retailer Sosandar shows resilience with narrowed losses and strategic initiatives.The company recorded a pre-tax loss of £0.7m for the half-year, recovering from…
Chris Bush, former Tesco UK boss, is the new CEO of Westfalia Fruit Group, a leading global fruit supplier.Bush succeeds Rian du Toit, who returns to…
Halfords experiences flat sales in the first half, highlighting cautious consumer spending due to economic uncertainty.The retailer reports a marginal decline of 0.1% in like-for-like sales…
Mulberry has declined the second takeover proposal from Frasers Group, led by Sports Direct owner, Mr. Mike Ashley.Mulberry’s majority owner, Challice, stated it will not sell…
Harrods is addressing multiple allegations of sexual misconduct against former owner Mohamed Al Fayed.More than 250 claims have emerged following a BBC documentary uncovering decades of…