Author: Nathan Bissitt

Mothercare has been given the green light to axe 50 underperforming stores in a move that will see 800 jobs put at risk. Mothercare said it had received the backing of creditors to press ahead with the company voluntary arrangement (CVA). This will allow the chain to

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Theresa May says she is “deeply disappointed” by America’s decision to slap tariffs on metals imported from the European Union, Canada and Mexico. Donald Trump said the 25% tariff on steel and 10% tariff on aluminium was in the US’s national

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A cosmetics company has sparked outrage over an ad campaign that claims police have been “paid to lie”. Lush said it was raising awareness of what it calls the “ongoing undercover policing scandal”. In a provocative press release, it claims

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Moves are under way to protect vulnerable people from “rip-off” pre-paid funeral plan providers. The Treasury is proposing to bring the sector under the regulation of the Financial Conduct Authority after claims that elderly people are being

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Lenders to House of Fraser (HoF) are demanding that its Chinese shareholder injects fresh funding into the struggling department store chain as it finalises a rescue plan that would see dozens of its high street outlets close. Sky News has learnt that lenders and

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Carluccio’s will go ahead with a restructuring programme that could see dozens of restaurants closed. Some 91% of creditors approved the Company Voluntary Agreement (CVA), which allows the business to reduce rents while negotiating with landlords. It is thought

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Donald Trump’s administration has slapped tariffs on steel and aluminium imports from the EU, Canada and Mexico. What is affected? The US commerce secretary Wilbur Ross says there will a 25% tariff (basically a tax) on steel and 10% on aluminium brought into the

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Chelsea have ditched plans to build a new 60,000-seater stadium due to what they call an “unfavourable investment climate”.  The club, who finished fifth in the Premier League and therefore failed to qualify for the Champions League, said plans to

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