Debenhams has brought in advisers from KPMG to assess a number of options to improve the fortunes of the department store chain.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Tax cut for self-employed workers scrapped
A planned tax cut for 2.7m self-employed workers has been scrapped by the government.
Burberry announces that it has stopped burning unsold goods
British luxury goods maker Burberry has said that it will stop the practice of burning unsold goods, with immediate effect.
Mark Carney says he is willing to stay as Bank of England governor to aid smooth Brexit
Mark Carney today said he is willing to do whatever he can to promote a smooth Brexit process when asked if he will stay on as Bank of England governor.
Half a million SMEs are hit by online scams
Nearly half a million SME’s in the UK have been impacted by cyber-led scams according to new data from Lloyds Bank
Debenhams unveils new brand identity to try to turn around High Street woes
Debenhams is unveiling a new brand identity and campaign designed to build brand affinity and demonstrate a renewed sense of confidence for the future as it looks to turn around its fortunes amid wider problems on the high street.
German fashionistas lap up British style as Ebay sales spike
German interest in British fashion has seen country rise to second in the list of top export destinations for British sellers whilst Brits go for a back to basics on Ebay.
India to overtake US as second biggest market for fine jewellery by end of 2018
India set to overtake US as the second biggest fine jewellery market in the world by the end of 2018 new research finds.
Former O2 boss in running for the top role at BT
Ronan Dunne, a major figure in expanding O2 into one of the UK’s biggest telecoms companies is in running to replace Gavin Patterson at BT
Institute of Directors appoints new chair as its bids to move away from racism scandal
The iod has announced the appointment of Charlotte Valeur as new chair following resignation of Barbara Judge amid bullying & racism accusations
Homebase future in doubt as creditors meet to decide retailers fate
DIY retailer Homebase faces a make-or-break vote on its future on Friday as it teeters on the brink of collapse.
Whitbread sells Costa Coffee chain to Coca-Cola for £3.9bn
Coca-Cola is to buy the Costa coffee chain from owner Whitbread in a deal worth £3.9bn.
Half of BHS stores remain empty two years after store group collapse
More than half of BHS’s former sites are still vacant two years after the retail chain’s collapse, new data showed today.
The removal of Entrepreneurs’ relief could see fewer businesses set up in the UK
The scrapping of Entrepreneurs’ relief could discourage entrepreneurs’ from setting up businesses in the UK, say leading accounting, tax and advisory firm Blick Rothenberg.
British Gas fined £2.65m by regulator after misleading and overcharging customers
British Gas has been fined £2.65m after wrongly charging customers higher rate falsely telling millions they had to pay to exit fixed deals