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...
Bathstore, Britain’s biggest bathroom retailer, is on the verge of collapse and crashing out with news that administrators could be appointed early next week.
It has been an unsteady couple of months as Bathstore becomes the latest bathroom retailer to go into administration, just three months after the collapse of...
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...
UK High Street under yet more pressure as gloomy weather hits UK retail sales
Shoppers are holding off summer purchases as sales fall 0.5% in May with clothing purchases declining 4.5%.
According to the Office for National Statistics UK shoppers remained somewhat subdued in May, with sales dipping slightly compared with...
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...
Product innovation continues to broaden the appeal of equity release to suit a widening array of needs in later life and as the UK population ages ever more so to does the surge in Lifetime Mortgages.
Equity release lending has been instrumental in enabling more people aged 55 and over...
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...
