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£40m Fund open for applications to transform coastal communities

Multi-million pound funding to transform the UK’s coastal communities through investment in jobs, skills and local businesses opened for bids today (26 February 2018) announced Coastal Communities Minister, Jake Berry. 500 new businesses supporting 5,500+ plus jobs have been created thanks to the government’s Coastal Communities Fund. The opening of the next £40 million round […]

New Look announces closures

New Look today announces a proposal to reduce its UK store estate and rental costs amid challenged trading performance and a difficult retail environment. The Company is today instigating a Company Voluntary Arrangement (CVA) and seeking approval from creditors on a plan to improve the operational performance of the Company. Under the proposal, New Look […]

Small business confidence continues to fall

Small businesses are beginning the new year with increased pessimism as surging operating costs, weak domestic growth and flagging consumer demand hamper profits, according to the latest Federation of Small Businesses (FSB) Small Business Index (SBI).     The SBI stands at -2.5 in Q4 20171 marking a fourth consecutive quarterly drop in the Index from […]

Retail sales rise in the run-up to Christmas

Retail sales rose in the year to December, building further on November’s solid performance, according to the latest monthly CBI Distributive Trades Survey. The survey of 109 firms, of which 56 were retailers, showed that in the year to December, retail sales and orders continued to rise, although both disappointed expectations of somewhat stronger growth. […]

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