Latest finance news – Page 299
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NewsBHS liquidator seeks business rates refund
BHS liquidator FRP Advisory has waded into the ongoing business rates debate by seeking a refund for part of a multimillion-pound bill incurred by the collapsed department store chain.
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NewsHotel Chocolat unveils tasty profit and sales jump
Hotel Chocolat delivered a profit and sales jump in its half-year, sweetened by Christmas sales, new stores and an increase in online transactions.
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NewsToday in retail: Asda stems the tide of falling sales
Asda may have recorded its 10th consecutive quarter of declining sales today, but new boss Sean Clarke was cautiously optimistic.
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NewsAsda sales drop but rate of decline slows
Asda has suffered its tenth consecutive quarter of falling sales, but bosses hailed “early signs of improvement” as the rate of decline slowed.
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NewsHammerson to offload property in new development focus
Hammerson is ready to offload more than £400m of property assets this year as it focuses its investment on new developments.
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NewsChancellor 'listening' to business rates concerns
The Chancellor Philip Hammond has indicated that he is ready to soften the business rates blow after telling Conservative MPs he was “listening” to concerns.
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NewsBreakfast briefing: Hammerson, Tesco and more
Retail news round-up: Hammerson revamps Brent Cross shopping centre and Tesco Ireland reports sales growth amid strike
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NewsRetail sales growth slows as inflation bites
Retail sales were lower than expected in January, according to figures from the Office for National Statistics.
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NewsTrade groups slam 'outrageous' business rates plan
A 13-strong group of trade bodies have urged a government rethink on “outrageous” plans to prevent firms appealing against business rates rises.
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NewsArgos to pay £2.4m to staff paid below minimum wage
Argos is shelling out £2.4m in wages after an HMRC investigation revealed it had underpaid more than 37,000 current and former staff.
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NewsBusiness rates hikes could mean 'death of diversity'
Hikes in business rates for swathes of retailers could lead to a “death of diversity” on Britain’s high streets, according to a trade body.
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NewsToday in retail: Bunnings rebrand bites owner's profits
Wesfarmers’ ongoing rebrand of Homebase stores has taken a chunk of the retail group’s profits in its maiden half-year in the UK.
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NewsFlash Sale site Secretsales sold to Wowcher owner
Flash Sale etailer Secretsales.com has been sold to Excalibur Group, owner of deals websites Wowcher and LivingSocial UK and Ireland.
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NewsHomebase owner makes loss in UK amid Bunnings rebrand
Australian conglomerate Wesfarmers, which bought Homebase last February, said it made a pre-tax loss of £28m in the UK in its maiden half-year.
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NewsUK inflation highest level since June 2014
Annual price inflation reached its highest level since June 2014 last month, despite falling prices for clothing and footwear, driven by rising food prices.
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NewsToday in retail: Will inflation stunt consumer spending?
Retailers will have watched with interest today as the latest figures showed inflation has hit a two-and-a-half year high.
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NewsToday in retail: Tesco plagued by pricing pitfalls
Tesco has dominated the retail headlines today after claims that promotional offers at the shelf edge were not being applied at the tills.
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NewsCo-op Bank up for sale as finances falter
The Co-op Bank is putting itself up for sale, inviting offers to buy all shares.
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NewsAgent Provocateur deal nears as Lion emerges as bidder
Agent Provocateur’s owners are reportedly close to securing a deal, with the circle of buyers narrowing to around three.
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NewsL’Oréal confirms possible sale of The Body Shop
The Body Shop’s parent company L’Oreal is considering a sale of the retailer following falling sales and profits.