Pity the retailer with no reason

Pity the retailer with no reason

The final shuttering of Claire’s UK store estate this week was not a sudden collapse; it was the long-trailed end of a brand that had, quietly but decisively, drifted from relevance. After entering administration (again) in January, the chain has now closed all 154...
Record savings aren’t helping British business

Record savings aren’t helping British business

More money is sitting in British bank accounts than at any point in history. Household deposits crossed £2 trillion in 2024 and have continued to rise. Savings ratios are at their highest since 2015, excluding the pandemic spike. By almost every measure, the British...
SME bad debt rise kills confidence

SME bad debt rise kills confidence

UK SMEs are battling a sharp rise in bad debts at a time when wider business confidence remains fragile. Cost pressures, particularly labour, weigh heavily on the outlook and two new surveys point to an increasingly cautious environment with cashflow risk spreading...