UK Credit Card Debt Puts Pressure on Cash Flow

Business
UK Credit Card Debt Puts Pressure on Cash Flow March 2nd 2018. Borrowing on credit cards in the UK increased by almost 10 percent in January — the second highest annual rise since 2005, according to data from the Bank
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Furniture Retailer Falls into Administration

Business
Furniture Retailer Falls into Administration 7th February 2018. Another retailer is added to the corporate black-list, as furniture retailer Warren Evans falls into administration. The fall of the furniture chain has put its 14 stores, and a factory at Walthamstow, at
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Ocado Profits Slump

Business
Ocado Profits Slump 6th February 2018. Shares in online grocer Ocado took a knock after it reported a profit warning, an annual loss, and a plan to tap investors for more cash. It seems that high street shops aren’t the only
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Profit Warnings Reach Two-year High

Business
Profit Warnings Reach Two-year High 31st January 2018. The number of companies issuing profit warnings reached a two-year high last year, suggesting further trouble for businesses in the year ahead. According to new research, 81 profit warnings were released by
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Clothing Chain Hung Out To Dry

Business
Clothing Chain Hung Out To Dry 31st January 2018. East, the bohemian fashion retailer, has gone into administration and put 314 jobs at risk in the process. Recent dips in spending and high street shoppers have taken their toll on
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