The strife on the UK High Street increases as Kesa Electricals edges towards putting the For Sale sign over Comet, saying that it is looking at "strategic alternatives" for the struggling business... more
Market round-up: The miserable GDP figures leave gloomy expressions on many faces in the City, but it wasn't enough to stop gossip in the Square Mile... more
Market round-up: It's a little chilly for donning your birthday suit but that has not stopped Travelzest — which owns Britain’s biggest naturist holiday group Peng Travel — from attracting attention... more
Market round-up: Knight Vinke has been on a pre-Christmas shopping spree at Kesa Electricals, fuelling talk that a break-up of the electricals giant is imminent... more
British Airways’ long-suffering passengers may be livid over cabin crews’ threat to strike this month, but Citigroup reckons there could be a bright side to the industrial action, for investors at least... more
Retailers may be pinning their hopes on the festive season but Goldman Sachs reckons it will be far from cheery on the High Street this Christmas... more
The flow of good news from the High Street continued today, with upbeat numbers from the Home Retail Group and electricals firm Kesa, which owns Comet ... more
It's a tale of two High Streets. While supermarkets, budget clothes shops and HMV have emerged as recession-winners, most of their rivals remain in the doldrums, praying for the recovery to come ... more
Retail: Another High Street name has bitten the dust as electrical retailer Empire Direct collapsed into administration with a loss of 350 jobs
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House prices continued falling last month, piling on the gloom for the big UK builders. The value of the average home fell 1.9% to £161,883, stretching the annual rate of loss to 12.2%... more
Let's hope Marks & Spencer boss Sir Stuart Rose has a very merry Christmas because it is unlikely to be a prosperous New Year for the best-known name on the High Street... more
The response of London stock-market investors to the Federal Reserve's move to cut rates to within a range of between zero and a quarter point was far less enthusiastic than that of their counterparts on Wall Street overnight.... more
Retail: HMV is relying on a strong Christmas as the consumer crunch has started to hit its High Street entertainment and Waterstone's book stores... more
Afternoon:
8°c
