The UK competition regulator has launched an investigation into the failure of airlines to offer cash refunds to travellers who have been unable to take their flights because of the coronavirus pandemic. The Competition and Markets Authority (CMA) said its move followed reports that
Topshop’s administrators are seeking bids of up to £200m for Sir Philip Green’s fashion chain as they try to seal a deal before Christmas. Initial bids are expected to be filed by the end of next week as part of a flurry
Heathrow could lose 2,000 retail jobs because of the government’s decision not to offer tax-free shopping for tourists, according to the airport’s chief executive. John Holland-Kaye said the move, which will make the UK the only country in Europe to have a
Gyms, crazy golf, student flats, hotels or even a whisky-based tourist attraction: the future of many department store sites is unlikely to involve shopping. More than 200 of them are now empty or closing next year, and property experts say the shift
UK house prices have risen at the fastest rate in almost six years, with properties in national parks attracting a higher premium, according to Britain’s biggest building society. The average price of a home rose 0.9% to £229,721 in November from October,
Gas and electricity bills could rise by £21 a year for households from the beginning of April, under new proposals by Ofgem. The regulator has suggested increasing the maximum amount Brits can be charged on their bills to cover debts following the coronavirus crisis.
London– The Jordanian factories operated by Sidney Apparels are hotbeds of coronavirus infections due to discriminatory policies and a lack of safety measures, warns ImpACT International for Human Rights Policies. Sidney Apparel, which produces garments for export to the United States, reports that
The UK music industry is set to halve in size this year as issues including an effective shutdown of concerts, gigs and festivals strip £3bn from its contribution to the economy. UK Music, the umbrella organisation representing the commercial music industry from
More than 60 leading retailers in the UK have said shops that are not allowed to trade before Christmas may never reopen. The group, comprised of business leaders from companies including Harvey Nichols, Burberry and Marks & Spencer, has called for all
Rolls-Royce says it can create 6,000 UK jobs within five years if the government backs its plans to build small nuclear reactors around the country. The engineering company is part of a consortium that is pushing for the government to commit billions of
