Latest finance news – Page 435
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NewsGovernment unveils £1bn support package for high streets and pledges to tackle parking
Communities secretary Eric Pickles has unveiled a £1bn package of support to boost UK high streets including tackling parking.
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NewsChancellor George Osborne confirms business rates cap in Autumn Statement
Chancellor George Osborne has confirmed he will cap business rates for large businesses at 2% as he unveils a raft of measures to boost high streets.
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NewsBlockbuster to disappear by end of year as more stores close
Video and DVD rental chain Blockbuster is to disappear from the high street by the end of the year as administrators struggle to find a buyer.
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NewsMulberry first-half profits fall as it invests in international growth
Mulberry first-half pre-tax profits dropped 28% to £7.2m as it continued to invest in its international expansion.
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NewsBathstore breaks into the black as it relaunches website
Bathstore is back in the black after its first year under private equity owner Endless and the retailer has relaunched its website.
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NewsChancellor George Osborne to cap business rate rises at 2%
Chancellor George Osborne will impose a 2% cap on business rates in England and Wales next year, it is understood.
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NewsTesco UK like-for-likes fall 1.5% in Q3 as it blames tough market
Tesco has reported UK like-for-like sales fell 1.5% in its third quarter, and blames pressure on UK household finances for its performance.
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NewsShop price deflation slows to 0.3% in November
November shop price deflation eased to 0.3% from 0.5% in October, recording the seventh consecutive month of inflation.
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NewsOsborne Stationers collapses into administration
Stationery and craft specialist Osborne Stationers has fallen into administration putting 20 stores and 140 jobs at risk.
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NewsTesco’s Dobbies full-year profits fall as it battles poor weather
Profits at Tesco-owned garden centre Dobbies fell last year as the retailer battled the wettest summer on record for 100 years in 2012.
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NewsDixons completes deal to merge Italian arm
Dixons has completed a deal to merge its loss-making Italian business with local player Marco Polo.
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NewsConsumer confidence falls for second successive month
Consumer confidence fell for the second month in a row as shoppers felt the cost of rising energy bills.
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NewsBlockbuster stores shuttered as hopes for buyer fade
Blockbuster is set to disappear from high streets as administrators for the collapsed chain struggle to find a buyer.
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NewsJD Sports posts third-quarter like-for-like sales rise
JD Sports Fashion has recorded a rise in third-quarter like-for-like sales across its fashion and sportswear fascias.
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NewsA-wear appoints receiver and warns store closures are 'inevitable'
Fashion retailer A-wear has appointed Kavanagh Fennell as receiver after it failed to exit examinership.
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NewsAlliance Boots accused of ‘avoidance of tax’
Alliance Boots has been accused of breaking disclosure and taxation guidelines set by the Organisation for Economic Co-operation and Development.
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NewsKingfisher profits rise in third quarter as Screwfix sales soar
DIY group Kingfisher’s retail profits edged up 1.7% in constant currency to £271m in its third quarter as like-for-likes increased 1.4%.
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NewsBreakfast briefing: Retail news on Kingfisher, Alliance Boots, Clintons and Next
Retail news round-up November 28, 2013: Kingfisher profits advance in third quarter, Alliance Boots accused of ‘avoidance of tax’ and Alliance Boots accused of ‘avoidance of tax’.
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NewsConvenience store giant McColl's eyes float
Convenience store giant McColl’s is the latest retailer to eye a float on the stock market, Retail Week has learned.
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NewsBoohoo.com reveals plans to float early next year
Young fashion etailer Boohoo.com has revealed plans to float in the first quarter of next year.