Lord Kirkham is considering refinancing his DFS furniture chain after the £500 million auction of the business fails to attract sufficient interest... more
The demise of bookseller Borders will be repeated with 23 other household names in a retail “bloodbath” at the start of the New Year, insolvency practitioners warned ... more
Insurance: Topps Tiles today has become the latest retailer to have cover withdrawn by its lead credit insurer, a move it said could affect its top three or four suppliers... more
Retail: Another sofa company has just gone under, victim of the recession and tumbling pound. Europa Sofabeds made sofas for retailers like Land of Leather — which is itself in administration
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Retail: Sofa retailer Land of Leather have filed for bankruptcy protection, becoming the latest British retailer to succumb to a downturn in consumer spending amid the global economic slowdown... more
Gordon Brown's plans to counter the recession came under fire from business and the Tories today as thousands of redundancies coincided with Labour's "jobs summit"... more
Retail: The City is bracing itself for the biggest wave of retail profit warnings in recent history, with stalwarts including Marks & Spencer being tipped to add to the sector's misery... more
Regulation: The Financial Services Authority has imposed a record number of fines this year, with mortgage fraud high on the list of offences targeted... more
If you consider all the things going on in the stock market that you don't know about, the undisclosed use of shares in Carphone Warehouse by founder David Ross as collateral for a loan seems to be of very little consequence... more
Struggling furniture stores chain Land of Leather confirms it has received early takeover interest, but also warned that trading has recently become even worse... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
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