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Wednesday, March 20, 2019
Debenhams profits down 85%

Debenhams profits down 85%

Debenhams has reported a dramatic drop in pre tax profit of 85% for the six month period to 3 March 2018 to £13.5m. The...
FTSE 100 hits new record high

FTSE 100 hits record high after US China trade truce

FTSE 100 above 7800 US-China trade war 'on hold' The FTSE 100 index hit through the 7800 barrier for the first time to close...
John Laing Infrastructure in buyout talks

John Laing Infrastructure in buyout talks

Shares in John Laing Infrastructure Fund (JLIF) have soared by more than 18 per cent this morning after news of a possible buyout of the company. JLIF...
Tesco Direct to close down

Tesco Direct closing down

Tesco has announced plans to close its non food website, Tesco Direct, on 9 July 2018. Tesco Direct sells a range of general merchandise, including...
Carpetright report £70 million loss

Carpetright reports £70 million loss

Carpetright have reported a pre-tax loss of £70 million for the year ending 28 April 2018. as the struggling retailer's revenue decreased by 3.0% to £443...
Mothercare to close 50 stores

Mothercare to close 50 stores

Mothercare has announced plans to close fifty stores as part of a rescue plan. The closures could result in the loss of at least...
Rolls Royce to cut 4600 UK jobs

Rolls Royce cuts 4600 jobs

Drive for 'pace and simplicity' results in 4600 UK job cuts Rolls Royce have announced the next stage in their 'drive for pace and simplicity',...
Sainsburys Asda Merger

Sainsbury’s and Asda Merger

A merger worth £13 billion between Sainsbury's and Asda  has been confirmed by Sainsbury who plan to merge with Asda which is owned by...
Tesco and Carrefour announce 'Strategic Alliance'

Tesco and Carrefour enter strategic alliance

Tesco have announced plans to form a long-term 'strategic alliance' with French company Carrefour. Carrefour is one of the largest hypermarket chains in the world,...
House of fraser close stores

House of Fraser to close stores

House of Fraser has confirmed plans to close some of of its stores as part of a restructuring plan that will see C. banner...

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