UK retail sales plummet amid cost-of-living crisis
British retail sales suffer sharpest drop in three years as consumers cut back on non-essentials, with food sales also declining for the first time since 2020.
Category : Search result: retail sector
Standard Chartered CEO criticises banks dropping climate pledges
The CEO of Standard Chartered criticises financial institutions backtracking on climate pledges, urging stronger action against global warming.
Shell profits down, announces $3.5bn buyback
Shell's Q2 profits decline due to lower oil prices, but the energy giant pushes ahead with a $3.5bn share buyback scheme.
Police union slams 'inadequate' pay offer after approving it
The head of Queensland's police union has publicly criticised the state government's pay proposal, calling it insufficient just days after initially accepting the deal.
JCPenney's future uncertain as stores sold
The iconic American retailer JCPenney faces an uncertain future as its stores are sold off. Will the brand survive or fade into retail history?
JCPenney announces widespread store closures
Major US retailer JCPenney announces store closures across multiple states. Find out if your local branch is affected.
UK retail sales slump sparks calls for government action
Retail sales in the UK have plummeted, prompting calls for Chancellor Jeremy Hunt to intervene. Rising inflation and weak consumer demand continue to squeeze the sector.
Visa crackdown threatens UK care sector staffing
The UK care sector faces a staffing crisis as Labour's new visa restrictions could deter migrant workers, leaving vulnerable patients at risk. Experts warn this policy is short-sighted and politically motivated.
Santander UK job cuts amid profit push
Santander UK reveals plans to slash jobs as part of a cost-cutting strategy to boost profits. Find out how this decision impacts employees and the banking sector.
HSBC: Bank tax hike risks UK growth
HSBC's CEO cautions that Labour's proposed increase in bank taxes could harm the UK's economic growth, sparking debate over fiscal policy.
HSBC Canada CEO resigns amid strategic changes
HSBC Canada's CEO Dave Clark steps down as the bank navigates strategic changes and economic turbulence in Argentina, with leadership passing to Linda Seymour.
Card Factory plans 76 job cuts amid cost pressures
Card Factory announces potential job cuts affecting up to 76 employees, sparking criticism as the retailer grapples with financial pressures.
UK care sector faces 152,000 staff shortage crisis
New figures reveal a deepening crisis in the UK's adult social care sector, with a staggering 152,000 vacant positions. Experts warn of severe consequences for vulnerable adults as recruitment struggles continue.
UK shop prices fall for first time since 2021
Shop prices in the UK have fallen for the first time in over two years, offering much-needed relief to struggling families as inflation slows. The British Retail Consortium reports a 0.1% decline in June.
Union demands fair pay for private sector workers
Unison leader Christina McAnea calls for equal pay and conditions for private sector workers under Labour's proposed New Deal, highlighting the need for fair treatment across all sectors.
Labour warned against banking-led growth strategy
As Labour aims to revitalise the UK economy, experts caution against over-reliance on the City of London, urging a more balanced approach to sustainable growth.
Pubs may sell takeaway beer without planning permission
Ministers are exploring plans to let pubs sell takeaway beer without needing additional planning consent, a move that could boost the struggling hospitality sector.
Whitehall sick leave surges under Starmer
Sick leave among Whitehall civil servants has surged dramatically, with new data revealing a sharp rise in absences since Keir Starmer took office. Experts warn of a growing crisis in public sector health and productivity.
South Cambridgeshire Council adopts four-day working week
South Cambridgeshire Council pioneers a four-day working week trial, sparking nationwide interest among local authorities. Discover how this bold move could reshape public sector employment.
Chevron's Barrow Island exit: State capture in action?
Chevron's decision to wind down oil production on Barrow Island raises concerns about corporate influence over environmental policy. Is this a case of state capture in action?
California retail revival fails spectacularly
A bold attempt to revive a struggling retail chain in California has ended in failure, leaving investors and employees in shock. Discover what went wrong.
USDA confirms salary cuts amid budget constraints
The US Department of Agriculture (USDA) has unveiled significant salary reductions for its workforce, sparking concerns over employee morale and the future of agricultural policymaking. Here’s what you need to know.
River Island faces collapse as landlords reject rescue plan
High street fashion chain River Island is on the brink of collapse after landlords refused to back a vital restructuring plan, putting thousands of jobs at risk.
UK shoplifting crisis hits record high
Britain's shoplifting epidemic has surged to unprecedented levels, with retailers calling for urgent government intervention to tackle the growing crime wave.
Chinese hackers target UK nuclear via SharePoint flaw
Chinese state-linked hackers exploited a Microsoft SharePoint vulnerability to breach UK nuclear and defence organisations, raising serious cybersecurity concerns.
River Island faces financial crisis amid retail turmoil
Iconic UK fashion retailer River Island is reportedly facing severe financial difficulties, sparking fears over its future on Britain's struggling high streets.
Fashion chain faces collapse with 33 stores at risk
A major UK fashion retailer faces imminent collapse, putting hundreds of jobs and 33 stores at risk. Find out which high street favourite could disappear.
New furniture rival takes on Pottery Barn in UK
A new furniture store is shaking up the home goods market, offering stylish alternatives to Pottery Barn's classic designs. Discover how this fresh competitor is winning over UK shoppers.
Dollar Tree’s fan-favourite item: The secret behind its price
Discover why shoppers are raving about this budget-friendly gem at Dollar Tree and how it’s changing the game for savvy consumers.
Mystery as 120+ Identical Zara Skirts Flood Vinted
Online shoppers are left puzzled as Vinted is suddenly swamped with over 120 identical Zara skirts, all in perfect condition. What's behind this bizarre trend?
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