News
Clothing retailers face £15bn of write-offs as stock lies unsold
Fashion retailers are facing £15 billion in stock write-offs, according to industry bosses and analysts.
Monday 2 November 2026
The latest news affecting small and medium sized (SME) businesses in the UK
Fashion retailers are facing £15 billion in stock write-offs, according to industry bosses and analysts.
Grounded airline Virgin Australia is considering going into administration as it races against time to get out from under a $4.8bn debt pile.
Co-op warns criminals it is ‘not worth the risk’ to target its stores during this uncertain time
Anyone who cannot leave home may be able to ask a trusted friend or volunteer to withdraw cash at any Post Office using a single-use voucher.
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The former bank of England Governor Lord King said that a 'trial and error' reopening of schools and some businesses should be considered to help re-start…
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Manchester airport’s owner is pleading with the chancellor to prop up Virgin Atlantic as the airline makes a last-ditch lobbying push for a £500m taxpayer bailout…
Four banks have been added to the government’s emergency coronavirus lending scheme after criticism that it is failing to help companies reeling from the economic fallout…
Hundreds of thousands of small investors face delays of up to two weeks getting their capital out of the state-backed savings organisation as it grapples with…
Duncan Bannatyne has said that his leisure group which operates gyms and hotels is currently looking at a £30million due loss to Coronavirus