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Finance


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Labour High Street Business rates

Labour business rates review could see landlord tax in bid to...

Labour has said it will launch a review into business rates, which could place an extra tax on property landlords in a bid

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Skopes

Skopes to open 15 new stores following HSBC £6m funding package

Leeds-based menswear retailer Skopes is set to significantly expand its high UK high street presence by opening 15 new stores over the next

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Black Friday

Shoppers forecast to set Black Friday spending record despite political uncertainty

UK consumers are predicted to spend a record amount on Black Friday despite intensifying political uncertainty, figures suggest. Shoppers are forecast to spend

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Kimai

Kimaï, the lab-grown diamond jewellery specialist, raises $1.2 million in seed...

Kimaï, the direct-to-consumer jewellery brand that specialises in lab-grown diamonds and recycled gold, has raised $1.2 million in a seed funding round led

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Boris Johnson CBI

CBI 2019: What are the parties offering business?

Boris Johnson, Jeremy Corbyn and Jo Swinson all attended the CBI Conference today in an attempt to win over business leaders with their

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Jo Swinson

Scrapping business rates will rescue High Street, says Jo Swinson

Jo Swinson, the Liberal Democrat leader, has insisted her party’s plans to abolish business rates will “rescue the High Street”. Speaking at the

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Retail

Nearly 6,000 retail stores closed in 2019

The extent the problematic business rates tax regime is having on town centres is laid bare as new research shows high street chains

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Farfetch

Farfetch shares up as it posts narrower than expected quarterly loss

Farfetch shares jumped 16% in New York yesterday after the global online fashion marketplace posted a narrower-than-expected quarterly loss. The UK-based but NY-listed

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Shop DIrect

Shop Direct given funding lifeline from Barclay brothers

Shop Direct, parent of Very and Littlewoods, has secured a £75 million equity injection from owners, the billionaire Barclay brothers, as it looks

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Mulberry

Mulberry losses widen amid tough UK trading

British luxury house maker Mulberry has revealed widened half-year losses as fewer shoppers visited its UK stores amid tough high street trading. Shares

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Landsec

Retail woes wipe £368m off Landsec portfolio value

Shopping centre owner Landsec has plunged to a half-year loss after taking a £368 million hit on the value of its properties from

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Burberry

Political turmoil in Hong Kong expected to dent Burberry sales growth

Burberry investors are holding out hopes the luxury retailer has followed its “encouraging” start to the year with strong first half figures, despite

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