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....". A few years ago retailers were excited about the potential of pinging you specific offers and ads to your phone based on where you were in the store or High Street. ... [Read full article on BBC ]
Friday 24th of March 2017 12:13:43 AM
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....Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company. Mary Homer helped make the retailer into a global brand that constantly managed to lead fashion on the High Street. ... [Read full article on BBC ]
Wednesday 29th of March 2017 11:21:38 AM
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...."We are delighted that we have been able to rescue such an iconic UK footwear brand as Jones Bootmaker, including a high proportion of stores and preserving a large number of jobs, especially given the current economic pressures faced by retailers across the UK," said Will Wright, partner at KPMG and joint administrator. "This deal recognises the value of Jones as a strong and popular High Street brand with a loyal customer base. ... [Read full article on BBC ]
Sunday 26th of March 2017 08:32:32 AM
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....But rather than seeming designed to confuse and mislead, Next's report crisply spells out the challenges it's facing. And of course it's not just Next that's up against it, it's the High Street as a whole. ... [Read full article on BBC ]
Thursday 23rd of March 2017 01:21:33 PM
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Latest Finance News related to High Street

Topshop loses managing director to The White Company image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:21:38 AM
....Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company. Mary Homer helped make the retailer into a global brand that constantly managed to lead fashion on the High Street. ...
Jones Bootmaker sale saves 840 jobs image
Source : BBC [Read Article] Sunday 26th of March 2017 08:32:32 AM
...."We are delighted that we have been able to rescue such an iconic UK footwear brand as Jones Bootmaker, including a high proportion of stores and preserving a large number of jobs, especially given the current economic pressures faced by retailers across the UK," said Will Wright, partner at KPMG and joint administrator. "This deal recognises the value of Jones as a strong and popular High Street brand with a loyal customer base. ...
Ads in the sky image
Source : BBC [Read Article] Friday 24th of March 2017 12:13:43 AM
....". A few years ago retailers were excited about the potential of pinging you specific offers and ads to your phone based on where you were in the store or High Street. ...
What Next for shops? image
Source : BBC [Read Article] Thursday 23rd of March 2017 01:21:33 PM
....But rather than seeming designed to confuse and mislead, Next's report crisply spells out the challenges it's facing. And of course it's not just Next that's up against it, it's the High Street as a whole. ...
Next sees first annual profit fall in eight years image
Source : BBC [Read Article] Thursday 23rd of March 2017 07:24:09 AM
....7bn. But the retailer said shoppers continued to shift away from the High Street, as sales at its bricks-and-mortar business fell 3% to £2. ...
UK inflation rate leaps to 2.3% image
Source : BBC [Read Article] Tuesday 21st of March 2017 09:34:06 AM
....They show fuel and food prices are rising, a situation not helped by the fall in the value of the pound, which makes imports more expensive. Prices at the factory gate are also rising quickly, suggesting more inflation is on the way to the High Street. ...
Whose round is it? image
Source : BBC [Read Article] Tuesday 14th of March 2017 12:02:53 AM
.... Freelance journalist Caroline Bullock explores the politics and psychology of the tea round. According to research, when it comes to countering the afternoon energy slump, office workers are switching off the office kettle and opting for High Street coffee. ...
John Lewis staff bonus cut again image
Source : BBC [Read Article] Thursday 9th of March 2017 09:27:42 AM
.... . However, John Lewis acknowledged that trading would continue to be tough as it battles the same issues affecting other High Street retailers. ...
Budget: More help for pubs in rates change image
Source : BBC [Read Article] Wednesday 8th of March 2017 01:28:46 PM
....The cap on small business set to lose their rate relief will apply for five years. "Personally I feel huge relief but the bigger picture is that rates are still a problem for the High Street. ...
Business wish list image
Source : BBC [Read Article] Sunday 5th of March 2017 01:37:19 AM
....While the government needs to act to help small businesses facing business rate hikes, "we should also look to the future, launching a new Tax Commission to look at what the growth of self-employment and online business mean for the tax system," says Mr Martin. "The goal must be a much more level playing-field, which treats both High Street and online businesses fairly and adapts to the growth of the 'platform economy', which is leading to an increase in flexible work. ...
Mike Ashley firm buys lingerie firm Agent Provocateur image
Source : BBC [Read Article] Thursday 2nd of March 2017 04:27:32 PM
....Sports Direct's profits have suffered after criticism of work practices at its Derbyshire warehouse. Mr Ashley appears keen to target more upmarket fashion retail, moving away from the cheaper end of the High Street. ...
Sir Philip Green's reputation 'still stained' despite BHS pension deal image
....Green keeps his promise on BHS pensions. Filling the gaps on the High Street. ...
Greggs sales up as it warns on inflation image
Source : BBC [Read Article] Tuesday 28th of February 2017 08:32:22 AM
. High Street food chain Greggs has reported a rise in both sales and profits, but it warned it is facing increased inflationary pressures and greater economic uncertainty. ...
PPI still dominates financial ombudsman's in-tray image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:14:54 AM
....However, the uphold rate varied wildly between providers, from 9% for Nationwide to 29% for Bank of Scotland and 69% for Financial Insurance Company Ltd, part of the AXA group. The list of most-complained about businesses - for all types of complaint to the financial ombudsman - is still dominated by the UK's High Street banks, and some credit card lenders. ...
Waterstones under fire for secret shops image
Source : BBC [Read Article] Monday 27th of February 2017 12:19:33 PM
....The Rye Bookshop followed a year later, while Harpenden Books opened in April 2016. No-one paid much attention at first, but now Waterstones is under fire for apparently masquerading as the little guy in a world of increasingly homogenised High Streets. ...
World gets thirst for British gin as exports hit record of nearly £500m image
Source : Guardian [Read Article] Friday 24th of February 2017 02:42:43 PM
....”. The love of gin also spilled over into products themed around the spirit, with online retailer Not on the High Street reporting a 51% increase in sales of gin-related products. ...
Don’t be a dinosaur image
Source : BBC [Read Article] Friday 24th of February 2017 12:37:05 AM
....The bad news is the constant and rapid advances in technology mean that, rather than leaving education behind at 18 or 21, you are likely to have to keep going back to school again and again throughout your lifetime to keep up. The same kind of technology developments which have seen online giant Amazon shake up the High Street and cab hailing app Uber make life a lot harder for traditional taxi firms, will also revolutionise the way we study and work, say those in the industry. ...
Let’s move to Bishop’s Castle, Shropshire: ‘This pretty town bursts with enthusiasm’ image
.... The Castle Hotel, with log fires, beams, leather chairs and a lovely garden? The Three Tuns? The cheery Six Bells? Or coffee, cake and classical music at Yarborough House?. Where to buy The High Street – hefting its way uphill from the church, via the town hall, to the site of the castle – is a delight, a model of building types from half-timbered black and white, via pastel-painted Georgian and stone-walled 18th century to Victorian red brick. ...
The high street is already under threat and now this... | Lucy Siegle image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:05:44 AM
.... Independent retailers have already been promised the moon on a stick. But when I look back at some of the initiatives, such as the Future High Street Forum, what I see is a panel including the CEOs of Costa Retail and the British Property Federation (neither known for championing the little guy). ...
Let’s move to Newport, Isle of Wight: ‘Its quaint alleys hide jewels’ image
.... It has a typical market town layout, with Victorians and Edwardians embracing the centre, and nice suburbans south and west, heading out of town. The prettiest area is the historic Carisbrooke, near the castle, around Castle Street, Carisbrooke Road and Carisbrooke High Street. ...
FTSE hits 11th record close in a row image
Source : BBC [Read Article] Thursday 12th of January 2017 12:46:22 PM
....7% rise in UK like-for-like sales over Christmas. Investors welcomed news of better-than-expected sales at Marks and Spencer in its clothing division, sending the High Street giant's shares up 1. ...
Post Office to close and franchise more Crown branches image
Source : BBC [Read Article] Tuesday 10th of January 2017 10:25:18 AM
.... The union is also concerned about job losses and pension provision. Crown post offices are the larger branches usually found on High Streets. ...
Tesco announces 1,000 job losses image
Source : BBC [Read Article] Monday 9th of January 2017 05:18:34 PM
....The announcement comes as Tesco prepares to issue a trading statement on Thursday that will give details of its retail performance over the Christmas period. Like its main High Street rivals - Sainsbury's, Asda and Morrisons - the supermarket chain has been struggling to maintain market share in the face of competition from German discounters Aldi and Lidl. ...
High Street Christmas sales figures fail to sparkle image
Source : BBC [Read Article] Friday 6th of January 2017 02:13:43 AM
. High Street sales fell in December for the fourth year in a row, as shoppers shifted more Christmas shopping online. ...
Household debt rises to post-credit crunch high image
Source : BBC [Read Article] Wednesday 4th of January 2017 11:26:03 AM
....He explained that about half of creditors tended to give debtors time to regain control of their finances, but if there are multiple creditors that relies on all of them doing the same thing. These may be debts to High Street banks, credit card firms, local authority council tax departments and even the Department for Work and Pensions. ...
Life cycle image
Source : BBC [Read Article] Tuesday 3rd of January 2017 09:43:50 AM
.... . You can even see this on the High Street. ...
Smell the difference image
Source : BBC [Read Article] Wednesday 28th of December 2016 11:12:09 PM
...."It gives that inviting feel, that welcoming feel," says the building's designer, Sarah Harrison. "You can smell it on the High Street when the wind's blowing in the right direction. ...
Strikes show contempt says Downing Street image
Source : BBC [Read Article] Monday 19th of December 2016 01:34:53 AM
....Are we facing a Christmas of Discontent?. A strike at Crown post offices has closed about 50 High Street branches as the rail strike at Southern continues with conductors beginning two days of action. ...
Making a list image
Source : BBC [Read Article] Sunday 18th of December 2016 12:39:04 AM
....So for every stationery Grinch, there's a stationery superfan. And for these superfans, there are still plenty of places on hand to cater for their every whim and desire: newcomers on the High Street such as Smiggle, an increasing number of independent stores, the old stalwarts like WH Smith and Rymans, as well as the stationery sections of department stores. ...
Top model agencies agencies fined £1.5m for price-fixing image
Source : BBC [Read Article] Friday 16th of December 2016 12:01:28 PM
....The CMA investigation looked at a wide range of modelling assignments, from small magazine shoots to big advertising campaigns. It said that the customers affected included well-known High Street chains and online fashion retailers. ...
Christmas of Discontent image
Source : BBC [Read Article] Friday 16th of December 2016 12:40:39 AM
.... Delivery drivers to rural Post Offices on Thursday 22 December and Friday 23 December. Why? Jobs, pensions and branch closures at Crown Post Offices - the larger branches usually located on High Streets. ...
Airbnb for storage? image
Source : BBC [Read Article] Friday 16th of December 2016 12:37:37 AM
....Will that be enough of a saving to persuade people to use the service? A straw poll of people waiting at Euston station revealed that most were interested in the idea. For some small shops struggling on the High Street, it might feel like a lifeline. ...
HSBC closes a quarter of branches, as 1,000 banks shut for good image
Source : BBC [Read Article] Wednesday 14th of December 2016 12:06:05 AM
....The figures used by Which? came from the banks themselves. Research by the BBC found that High Street banks closed 600 branches in the year to May 2015. ...
Union defends Post Office pre-Christmas strike image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:13:21 AM
....Workers will stage five days of strikes from Monday in a dispute over jobs, pensions and branch closures. The industrial action will affect Crown Post Offices - the larger branches usually located on High Streets. ...
Post Office staff in pre-Christmas strike image
Source : BBC [Read Article] Monday 12th of December 2016 07:20:30 PM
....The Post Office said despite the walkout it would be "business as usual" with "at least" 97% of its 11,600 branches not involved. Crown Post Offices are the larger branches that are usually located in High Streets. ...
Millions of bank customers on raw deals, figures suggest image
Source : BBC [Read Article] Monday 12th of December 2016 12:18:52 PM
....Royal Bank of Scotland (RBS) is the only other bank where some basic account customers have to pay fees. At the other seven big High Street banks, all basic account holders receive the best deal on offer. ...
Councils make extra £60m from parking charges and fines image
Source : BBC [Read Article] Friday 9th of December 2016 05:31:28 AM
....Income was up by 4% and costs fell by 2% in the past year, according to the RAC, while the surplus figure was 34% higher than in 2011/12. Mr Gooding said: "Parking charges are one of the tools councils use to keep traffic moving whilst also allowing people reasonable and affordable access to High Street shops and other facilities. ...
Office parties image
Source : BBC [Read Article] Wednesday 7th of December 2016 12:02:01 AM
....Michael Korel is the events manager for a number of Waterstones bookshops in west London. He is organising a "booze and pizza party" for the Kensington High Street branch. ...
Post Office strike to disrupt Christmas mail, says union image
Source : BBC [Read Article] Monday 28th of November 2016 12:20:35 PM
....They will be joining a strike by the Communication Workers Union, which is in dispute over jobs, the franchising of Crown Post Offices and the closure of a final salary pension scheme. Crown Post Offices are the larger branches that are usually located in High Streets. ...
Dunelm buys Kiddicare in online drive image
Source : BBC [Read Article] Monday 28th of November 2016 09:28:02 AM
....Dunelm expects to acquire it later on Monday in a so-called "pre-pack deal", which would see Worldstores briefly enter administration. Fierce competition from online sellers and changes to the way people shop on the High Street are forcing retailers to adapt. ...
Mothercare slips to loss as UK sales fall image
Source : BBC [Read Article] Thursday 24th of November 2016 08:35:54 AM
...."The last six months have been challenging," the company said. Mothercare is in the midst of a turnaround plan that has seen it close loss-making branches and relocate many High Street shops out of town. ...
How we're shopping image
Source : BBC [Read Article] Thursday 24th of November 2016 12:04:24 AM
....While Christmas Day may be less important in terms of overall sales than either Black Friday or Cyber Monday, shoppers spend more money via their smartphones on 25 December than on the other two days - no matter which country you are from, says Adobe. Probably not that surprising though, given most shops on the High Street are closed on Christmas Day. ...
Supermarket prices 'to rise by 5%' image
Source : BBC [Read Article] Wednesday 23rd of November 2016 07:24:00 AM
...."Businesses that are already stretched, perhaps with lower margins and less strong relationships with customers - they are the ones that are going to suffer because they will be squeezed in the jaws of not being able to pull up prices, while costs continue to increase," Mr Wright said. Asked whether that could mean a familiar High Street name disappearing, Mr King replied: "For sure it will happen - but I just can't tell you which one it will be. ...
Radical reform of tax system is needed, says Sage boss image
Source : BBC [Read Article] Monday 21st of November 2016 08:25:11 PM
...."The business rates system in this country was invented 400 years ago and it's totally unfit for a digital age. You can now have a small business that has a High Street stores, a website and is adopting e-commerce, but finds it has to sell through a digital multinational from the US. ...
Asda sales tumble in third quarter image
Source : BBC [Read Article] Thursday 17th of November 2016 12:47:41 PM
....". But analysts said that reviving the supermarket's fortunes will be tough because it can no longer market itself as being the cheapest supermarket on the High Street. ...
Staples brand to disappear from UK High Streets image
Source : BBC [Read Article] Thursday 17th of November 2016 12:32:23 PM
. The UK High Street is losing another brand following the sale of Staples, the stationery specialist, to a restructuring company. ...
Petition says close shops on Boxing Day to spare workers image
Source : BBC [Read Article] Monday 14th of November 2016 12:13:50 PM
....". While some retailers may be tempted to respond positively to the petition, they're unlikely to break ranks with the rest of the High Street, according to Patrick O'Brien, analyst at Verdict Retail. ...
Pocket problems image
Source : BBC [Read Article] Friday 11th of November 2016 10:18:30 PM
. The lack of pockets on women's clothing is causing frustration on the High Street. ...
Banks promise to increase support during branch closures image
Source : BBC [Read Article] Thursday 10th of November 2016 12:00:13 AM
. High Street banks have promised to give more support to those customers who are affected by plans to close local branches. ...
Too many clothes image
Source : BBC [Read Article] Wednesday 9th of November 2016 12:04:04 AM
.... . The High Street group, which owns brands including Monki and Cos and has more than 4,000 shops across the world, is one of the best known proponents of fast fashion. ...
All sewn up? image
Source : BBC [Read Article] Tuesday 8th of November 2016 02:23:21 PM
. Rumours that High Street stalwart John Lewis would be ditching its haberdashery department in favour of bikini waxes have prompted an online backlash from customers and crafters. ...
M&S to close clothing and home stores in turnaround plan image
Source : BBC [Read Article] Tuesday 8th of November 2016 07:15:46 AM
.... . Matthew Hopkinson, a director at the Local Data Company, said that although M&S was closing a relatively small number of stores, it would have "a big impact for the towns where they have been the High Street anchor for many years". ...
Bank fraud image
Source : BBC [Read Article] Monday 7th of November 2016 12:48:44 PM
....But since Tesco has insisted it will refund anyone who has been a victim of this attack, there is currently no obvious incentive for account holders to do so. Last month, consumer body Which? carried out some research on banks' online security, and declared that some of the High Street banks could do more to protect customers' personal details. ...
M&S set to announce store closures in turnaround plan image
Source : BBC [Read Article] Friday 4th of November 2016 06:28:36 PM
....Mr Rowe will provide an update on the retailer's latest trading performance on Tuesday. Smaller M&S branches in weaker High Streets are forecast to bear the brunt of the cuts. ...
Metro Bank lets customers choose Mr, Ms, Mrs and Mx image
Source : BBC [Read Article] Thursday 3rd of November 2016 06:22:12 PM
....Metro Bank is the latest organisation to let customers choose an honorific that is neither male nor female. The High Street lender is now offering the non-binary "Mx" prefix on its forms. ...
PPI complaints continue to flood in at Ombudsman image
Source : BBC [Read Article] Thursday 3rd of November 2016 12:05:13 AM
....Recently Barclays set aside an extra £600m for compensation costs and Lloyds Banking Group put aside a whopping £1bn extra. The league table is dominated by the UK's big High Street banks, which mis-sold the insurance polices for the best part of two decades. ...
Next sees sales fall again in 'difficult' quarter image
Source : BBC [Read Article] Wednesday 2nd of November 2016 07:39:19 AM
....Retailer Next has blamed heavy discounting and tough comparisons to its performance last year for a sharp drop in sales in the third quarter. Sales at its High Street stores fell 5. ...
Regulator accused of letting down poorer bank customers image
Source : BBC [Read Article] Tuesday 1st of November 2016 12:52:44 PM
.... You are letting down the most financially vulnerable," she said. At the moment, the big High Street banks charge up to £100 a month for an unarranged overdraft, plus other fees on top. ...
New pound coin: Firms told to prepare for redesign image
Source : BBC [Read Article] Monday 31st of October 2016 10:01:05 AM
....After Autumn 2017 businesses should no longer accept the existing round coin from customers and should no longer distribute it themselves. However it will still be possible to deposit the old coins at most High Street banks and the Post Office. ...
Sew to survive  image
Source : BBC [Read Article] Sunday 23rd of October 2016 12:04:18 AM
....I was in Istanbul investigating allegations that Syrian refugees and children are being exploited by the garment industry. And specifically that many are working on clothes destined for our High Street. ...
E-state agent image
Source : BBC [Read Article] Thursday 20th of October 2016 11:46:35 PM
....But to get your home advertised on one of those sites, you need an estate agent - and an increasing number of people are turning to online agents such as eMoov, PurpleBricks and Yopa. Their flat fees are less than those charged by traditional High Street agents, attracting customers and investors alike. ...
Sir Philip Green: MPs approve stripping BHS ex-chief of knighthood image
Source : BBC [Read Article] Thursday 20th of October 2016 10:12:57 AM
....On Monday, he told ITV that he was in a "very strong dialogue" with the pensions regulator to find a solution, but would not put a number on the level of financial support he would be willing to give. A damning MPs' report on the High Street chain's failure, published in July, concluded Sir Philip had extracted large sums and left the business on "life support". ...
Green 'moves towards BHS pension deal' ahead of knighthood debate image
Source : BBC [Read Article] Thursday 20th of October 2016 12:12:49 AM
....On Monday, he told ITV that he was in a "very strong dialogue" with the pensions regulator to find a solution, but would not put a number on the level of financial support he would be willing to give. A damning MPs' report on the High Street chain's failure, published in July, concluded Sir Philip had extracted large sums and left the business on "life support". ...
FTSE 100 higher as Burberry falls image
Source : BBC [Read Article] Tuesday 18th of October 2016 08:00:53 AM
....06 points. High Street retailers were among the biggest risers, with Next up 5. ...
William Hill and Amaya abandon merger talks image
Source : BBC [Read Article] Tuesday 18th of October 2016 06:26:53 AM
....The FTSE 250 bookmaker is looking to keep up as many of its close rivals merge. Paddy Power and Betfair have merged to create a FTSE 100 betting firm, while Ladbrokes and Coral are combining to become the UK's biggest High Street bookmaker. ...
Ladbrokes-Coral sells shops to Betfred and Stan James image
Source : BBC [Read Article] Monday 17th of October 2016 06:47:53 AM
.... . A merger between the two would make them the UK's largest High Street bookmaker. ...
Breakfast binge image
Source : BBC [Read Article] Sunday 16th of October 2016 11:00:48 PM
....5% in the same period. "It's easier than ever before to buy a good breakfast on the High Street," says Cyril Lavenant from NPD. ...
Pound steadies after recent slump image
Source : BBC [Read Article] Wednesday 12th of October 2016 09:37:39 AM
....It matters for the food and fuel this country imports as it becomes more expensive. It matters for inflation, as the rise in import costs feeds through to businesses and the High Street. ...
Pound sees further volatile trading image
Source : BBC [Read Article] Tuesday 11th of October 2016 06:45:51 PM
....It matters for the food and fuel this country imports as it becomes more expensive. It matters for inflation, as the rise in import costs feeds through to businesses and the High Street. ...
Fashion sales wilt in September heatwave image
Source : BBC [Read Article] Friday 7th of October 2016 12:12:18 AM
. Clothing retailers on the UK's High Streets suffered badly in the face of September's unseasonably hot weather, according to a new report . ...
Jockeys urged to avoid High Street banks by PJA after frauds image
Source : BBC [Read Article] Tuesday 4th of October 2016 10:12:53 PM
. Jockeys in the UK have been advised to move their money out of High Street banks, after a string of frauds dating back more than two years. ...
Greggs sales boosted by healthier food image
Source : BBC [Read Article] Tuesday 4th of October 2016 06:29:15 AM
. High Street food chain Greggs has reported rising sales over the summer, helped by demand for its healthier options such as salads and yoghurts. ...
RBS brings back NatWest Markets name as part of 'ring-fencing' image
Source : BBC [Read Article] Friday 30th of September 2016 08:13:17 AM
. Royal Bank of Scotland is renaming its investment bank NatWest Markets as part of its separation from the bank's High Street operations. ...
An excuse to shop image
Source : BBC [Read Article] Wednesday 28th of September 2016 11:25:34 PM

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