Retail news
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Caravan tax "threatens rural businesses"
- Posted:
- 22 May 2012 10:14
Holiday treats such as afternoon tea and cakes could be off the menu next year if the government goes ahead with a proposed new tax regime, a major Lake District holiday park has claimed. It says the decision to add 20% VAT to the cost of static caravans from this ...read more
The Restaurant Group sees "significant" sales rise
- Posted:
- 18 May 2012 10:38
The Restaurant Group, which includes the Frankie & Benny's and Chiquito chains, has said that sales experienced a "significant uplift" in sales since the end of February. The improvement comes amid a recent surge in cinema attendances as the dismal weather prompts more families to visit leisure and retail parks, ...read more
2,800 jobs go at Clintons
- Posted:
- 17 May 2012 10:22
Nearly 3,000 jobs are to be lost, after the administrators of Clinton Cards announced plans to close 350 stores today.All of the group's Birthdays stores and roughly 200 Clintons-branded stores will close after administrators said the business was "burdened with an untenable retail estate".The move will see 2,800 full and ...read more
Enterprise slows pub closure programme
- Posted:
- 15 May 2012 09:47
Enterprise Inns, the UK's biggest pub landlord, said today that it will slow the closure of its pubs, having largely completed the disposal of a large part of its estate, raising £264 million from the sale of more than 1,000 properties over two years.The group, which had 6,143 leasehold and ...read more
Equality hit by cuts warns watchdog
- Posted:
- 14 May 2012 09:59
The Government's cuts programme failed to take account of the impact on women, ethnic minorities and the disabled, the official equality watchdog has said. The Equality and Human Rights Commission said it was unable to determine whether decisions taken in the 2010 spending review were in full accord with the ...read more
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