ConnexionSurge in firms using loans to pay tax bills amid April increases
Billions of pounds of tax and VAT payments are set to be covered by credit and financing arrangements this year, according to Premium Credit.
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H&M sales expected to edge higher as turnaround continues
It comes after the Swedish firm reported weaker-than-expected sales for the first quarter of its financial year in its previous update in March.
Hundreds of jobs at risk as River Island plans store closures
The high street fashion chain is proposing to close 33 of its 230 stores, while it is in talks with landlords over the future of 71 further stores.
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Amazon ‘disappointed’ by watchdog investigation
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Morrisons ‘bounces back’ from cyber attack despite pressure on shoppers
The Bradford-based grocery business revealed on Thursday that group sales grew by 4.2% to £3.9 billion for the 13 weeks to April 27.
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Waitrose announces new supermarket plans and store upgrades in huge expansion
New convenience stores will also open across the country
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Waitrose steps up expansion with first new supermarket for seven years
The 30,000 square foot store in Bristol is set to create around 150 jobs.
Speedy Hire warns over ‘challenging’ conditions amid depot closures
The equipment hire firm said it shut eight of its depots, leading to a reduction in staff numbers.
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Ashtead reveals profit dip amid weaker demand for used equipment
The FTSE 100 company said this was partly offset by higher rental revenues.
TSB’s Spanish owner considers sale of UK banking business
It comes a decade after Sabadell bought TSB for £1.7 billion to gain a foothold in the UK.
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Businesses plan further job cuts after national insurance hikes
Firms said they were also looking to a series of other measures in order to offset the jump in their operating costs
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AO World profits set to jump amid growth strategy progress
AO is on track to deliver another improved performance when the online retail group reports its annual results on Wednesday June 18.
Boeing shares tumble after Air India plane crash
The US-based airplane manufacturer, which has been blighted by safety issues in recent years, saw shares drop as much as 8%.
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Poundland sold for £1 and set to shut shops in restructuring
Laura Ashley owner Gordon Brothers has struck a deal to buy the retailer from European group Pepco.
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Poundland to close dozens of stores after being sold for £1
Parent firm Pepco Group says it has completed the sale of the high street discount chain
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Poundland sold for £1 and set to shut shops in restructuring
Laura Ashley owner Gordon Brothers has struck a deal to buy Poundland from European retail group Pepco.
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Tesco sales accelerate despite ‘intensely competitive’ grocery market
The UK’s largest supermarket chain said it has increased its market share further after investing more in pricing to bring in more customers.
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FirstGroup bounces back to profit as bus revenues grow
FirstGroup, which runs Avanti West Coast and Great Western Railway, recorded a pre-tax profit of £169.6 million for the year to March.
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Building materials firm Lords Group buys rival CMO in rescue deal
The deal will secure the future of around 120 workers at Plymouth-based CMO, who will join the wider Lords group.
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Pret plans mega-stores in bid to encourage people to dine in
The move is part of efforts by Pret to expand beyond London
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Pret a Manger to open new larger-format stores in expansion plan
Pret, which has grown to an estate of 500 sites across the UK, is trialling the new format in Broughty Ferry near Dundee and Maidenhead, Berkshire.
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WPP boss Mark Read to step down amid AI pressure on advertising
Mr Read took over the top role at the advertising company in 2018 amid a period of upheaval following the resignation of Sir Martin Sorrell.
Frasers Group considers takeover deal for Revolution Beauty
Mike Ashley’s retail giant ‘is one of a number of parties conducting due diligence’ on the business.
