Retail sales in the UK declined by 0.5% on a like-for-like basis in August 2018, a marked decline from the 0.1% increase seen in July, according to the latest British Retail Consortium – BRC – KPMG Retail Sales Monitor. Non-food retail sales decreased by 1.2% on a like-for-like basis over...
The pound fell briefly to its lowest rate against the dollar in two years on Tuesday, as the two remaining Conservative Party leadership candidates appeared to spook the currency by refusing to rule out a no-deal departure from the EU in October. Sterling sank earlier in the day to $1.2396,...
Turnover at bedroom retailer Sharps, which has 78 showrooms across the country has passed the £100m mark, according to new accounts. Sharps Bedrooms, which is headquartered in Bilston, has posted a turnover of £102.8m for the year to 30 September 2018, up from £95.2m in the prior 12 months. The latest...
Thousands of abuse victims to share compensation of up to £126 million after 'same roof' rule is abolished Some 7,500 victims of child abuse or domestic violence will now be able to claim compensation worth as much as £126 million from today after ministers abolished the “same-roof” rule. It is a...
The Court of Appeal has confirmed a High Court decision to extend compensation rights to people injured in car accidents on private land. The court found that the Motor Insurers Bureau (MiB) was liable to pay out to Michael Lewis, who suffered severe spinal cord injuries when he was struck...
The UK mortgage market picked up in April and the cooling buy to let sector appears to be seeing somewhat of a halt in its decline, according to the latest mortgage industry figures. There were 27,370 new first time buyer mortgages completed in April 2019, which is up some 8%...
UK homeowner and mortgage borrowers are shocked with news that the Tesco Bank Mortgage Book is to be sold off and that the lender will be pulling out of the UK mortgage market, blaming “challenging market conditions”. The news from Tesco Bank emerged just as rival lender Nationwide Building...
Sports Direct owner Mike Ashley has spoken out in frustration calling for those advising beleaguered Debenhams to be held to justice after bondholders have cleared the way for a restructuring deal which would likely see shareholders' stakes wiped out. "If there were any justice in the world the majority of...
Whilst most consumers are aware that some Amazon fake reviews are part of the course of buying online via Amazon, the sheer scale of Amazon fake reviews may shock even the most skeptical of consumers. News has emerged that c, a US company is on the receiving end of action...
The business review site Trustpilot is making it easier for the public to detect when companies try to suppress complaints posted to its platform. Whilst companies should be allowed to tackle deliberately false or misleading negative reviews there were fears that some companies have been manipulating their online reviews to...