Bosses at troubled department store Debenhams are preparing to shut as many as 20 stores this year in a bid to balance the books.
Mothercare’s UK sales dropped in the third quarter as the beleaguered retailer cut back on promotions amid its dramatic transformation plan.
Mothercare will close 50 underperforming stores and re-hire the chief executive it sacked just weeks ago as part of a wide-ranging shake-up.
One of the biggest private home care providers in the UK is seeking a rescue plan.
Europe’s beleaguered capital of oil and gas has powered its way into the top five in a league table of the UK’s fastest-growing city economies.