Maplin will SHUT last of its 219 stores by July

COLLAPSED electronics retailer Maplin will shut the last of its 219 stores by July, according to sources familiar with the situation. Administrator PwC started closing the firm’s stores in tranches of 30 earlier this month and is selling off all of its stock, in order to raise funds to help pay Maplin’s 650-plus trade and other creditors. Daily More...

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By admin On Sunday, May 20th, 2018
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Marks and Spencer sales fail to sparkle

MARKS & SPENCER’s chief executive Steve Rowe is expected to say that both its food and clothes sales have fallen, when he unveils its full-year results on Wednesday. Daily Express :: City and Business More...

By admin On Sunday, May 20th, 2018
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Mothercare will not be the last High Street victim, says GEOFF HO

MOTHERCARE and Carluccio’s became the latest victims of the High Street crisis, which has seen restaurants and retailers shut sites across the country, and sadly, they will not be the last. Daily Express More...

By admin On Sunday, May 20th, 2018
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When You Move gets things moving

TECHNOLOGY firm When you Move, which aims to make the conveyancing process stress free by fully automating it, will allow users to see how busy solicitors are and to rate them. Daily Express :: City and Business More...

By admin On Sunday, May 20th, 2018
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DB pensions see a surge in transfers

THE NUMBER of people transferring out of gold-plated defined benefit pension schemes has shot up by 25 per cent, potentially jeopardising their retirement plans, according to insurer Royal London. Daily Express More...

By admin On Saturday, May 19th, 2018
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Bitcoin price plummets: Cryptocurrency falls below $8,000 in dramatic drop

THE BITCOIN price has dramatically plummeted to below $ 8,000 – a major drop in value after a horror month for the cryptocurrency. Daily Express :: City and Business Feed  More...

By admin On Saturday, May 19th, 2018
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City News: FTSE SOARS to record closing level boosted by hike in oil prices

THE FTSE 100 index of the UK’s top firms soared to its highest ever closing level last night, boosted by strong oil prices and the staggering rise of online supermarket Ocado which doubled in value after signing More...

By admin On Friday, May 18th, 2018
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Pound US dollar exchange rate: GBP left static against USD on Brexit ‘backstop’

THE pound has held close to opening levels against the US dollar today, making £1 worth around $ 1.350. This is below the weeks high of $ 1.360 but above Tuesday’s low of $ 1.345. Daily Express :: City and More...

By admin On Friday, May 18th, 2018
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World TRADE WAR BACK ON as China accuses America of lying over deal

CHINA has denied bowing to pressure from the Trump administration by offering a package to slash the US trade deficit by up to $ 200 billion. US officials had boasted on Wednesday that trade concessions were close, More...

By admin On Friday, May 18th, 2018
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When In Rome’s fine wines in boxes hit the right spot with party hosts and light drinkers

New wine business When in Rome, which broke the mould by packaging fine Italian reds and whites in boxes, is to expand internationally after sales success with Waitrose where customers have developed a taste for More...