Business – Raven News

Topshop Owner Faces Administration. What Does It Mean?

Posted on Dec 14, 2020Dec 15, 2020 by Dzerassa Gagulova

British retail Arcadia Group, which includes such well-known brands as Topshop and Topman went into administration on November 30. Deloitte became an appointed administrator, and up to 13,000 jobs at the company are now at risk. What are the possible...Read More

Grocery Sales in November hit record numbers, says market research firm

Posted on Dec 8, 2020 by Mohamed Hassan

The effect of the second lockdown has adversely affected many sectors of the UK economy. But it has on the other hand been nothing but a boost to the grocery sector which saw a substantial increase in its sales recently....Read More

Post-lockdown Britain: Pubs and restaurants reopening to unclear future

Posted on Dec 2, 2020Dec 11, 2020 by Anna-Maria Pego Pineiro

As parts of the UK see lockdown restrictions replaced with the new tier system, the battered hospitality sector faces an uncertain future. The full scale of the impact Covid-19 has had on the hospitality industry in the UK is not...Read More

Retail Giant Arcadia Group Collapses, Risking 13,000 Jobs

Posted on Dec 1, 2020Dec 2, 2020 by Matilda Davies

Arcadia Group, Sir Philip Green’s retail empire, has entered administration, risking 13,000 jobs, according to internal sources. The sources asked not to be named, because the company is yet to comment publicly on the matter. However, they said they do...Read More

Historic pub in Greenwich protests against fine for breaching lockdown restrictions

Posted on Nov 30, 2020Dec 3, 2020 by Mio Matsui

The Trafalgar Tavern pub on the Thames in Greenwich voiced their outrage after being fined £1000 by the Metropolitan Police over a breach of the lockdown restrictions . The tavern shut their doors and tape was wrapped around the terrace...Read More

Category: Business