A sad day for Londoners
A sad day for Londoners
A sad day for Londoners as their iconic London Eye landmark is dismantled in preparation for its journey to Dubai, where it will be re-erected alongside the equally iconic Burj…
Wind farms investigated over bill for £100m
Wind farms investigated over bill for £100m
Wind farms investigated over bill for £100m by the energy watchdog for alleged market manipulation after they were accused of overcharging consumers by this staggering amount. Ofgem is to examine…
Chinese Banks Keep on Growing
Chinese Banks Keep on Growing
Chinese Banks Keep on Growing According to S&P, the four largest Chinese banks grew their assets by 4.1% in 2022, reaching a combined total of $19.8 trillion. In fact, Chinese banks…
Pub and bar closures at decade high
Pub and bar closures at decade high
Pub and bar closures at decade high, as surging inflation and energy costs take their toll. More than two pub businesses a day, or 769 in total, entered insolvency last…
Retail Gazette reports that, according to research conducted by the Local Data Company (LDC) and PwC, large retail businesses in the UK, such as Wilko, Paperchase, and Lloyds Pharmacy, closed an average of 14 stores per day in 2023, leaving 5,000 fewer shops trading across the UK. Despite a surge in new store openings, particularly in the hospitality sector, there were more closures, resulting from "one-off" restructurings and failures. PwC reveals this pattern reflects an increase in online shopping for non-grocery items.
14 store closures a day lead to 5,000 fewer UK shops
14 store closures a day lead to 5,000 fewer UK shops Research conducted by the Local Data Company (LDC) and PwC, large retail businesses in the UK, such as Wilko,…
Meghan launches new lifestyle brand
Meghan launches new lifestyle brand
The Duchess of Sussex has launched what appears to be a new lifestyle brand, American Riviera Orchard. The surprise unveiling was made on Thursday with a new Instagram account and…
French train conductors get 10pc of any fines they hand out
Ooh La La!
French train conductors get 10pc of any fines they hand out French rail conductors are under fire for reportedly obtaining a 10 percent commission from any fines they issue, leading…
Coren Mitchell says Ovo Energy overcharged her by 'thousands'.
Coren Mitchell says Ovo Energy overcharged her by ‘thousands’
Coren Mitchell says Ovo Energy overcharged her by 'thousands'.Victoria Coren Mitchell has indicated she may take legal action after claiming her energy provider, Ovo Energy , wrongly pocketed thousands of…