Cashless trend potentially “devastating” for small businesses

Business
Cashless trend potentially “devastating” for small businesses, warns FSB. 10/06/2019. The chairman of the Federation of Small Businesses has warned that many UK businesses could suffer “devastating” losses if bank charges for cards are not restricted, as cashless transactions account
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Construction sector slumped in May

Business
Construction sector slumped in May. 05/06/2019. The construction sector slumped last month. Building activity in the UK dropped in May the third time in four months, according to IHS Markit’s latest survey. It represented the sharpest decline in construction output
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Retail sales suffer their worst month in 24 years

Business
Retail sales suffer their worst month in 24 years. 4th June 2019. Retail sales suffer their worst month in 24 years. UK shoppers shunned the high street last month leading to sales plunging in May faster than at any time
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Luxury chocolate retailer Rococo collapses into administration

Business
Luxury chocolate retailer Rococo collapses into administration. 31st May 2019. Updated 4th June 2019. According to press association releases, Luxury chocolate brand Rococo has gone into administration. The high-end chocolatier, which has five stores in central London, will now be
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Boots to close 200 stores as High Street crisis continues.

Business
Boots to close 200 stores as High Street crisis continues. 03/06/2019. UK chemist chain Boots has announced plans for a review that could see more than 200 stores close over the next two years, as problems for high street businesses
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