Third of UK consumers cut back on spending as uncertainty mounts
The Covid-19 pandemic has prompted a significant drop in consumer sentiment in the UK, with just 17% of Britons saying they believe the economy will rebound in the next 2-3 months.
The Covid-19 pandemic has prompted a significant drop in consumer sentiment in the UK, with just 17% of Britons saying they believe the economy will rebound in the next 2-3 months.
The company has capped the number of customer orders it takes each day to protect the health and safety of its warehouse workers. On Friday morning, the limit was reached within hours of the site going live.
As fashion and beauty continues to step up to help during the coronavirus crisis, beauty retail giant Boots will allow its stores to be used as ‘safe spaces’ for domestic abuse victims to contact support services.
As pressure grows on the UK government to share a lockdown exit plan, retail bosses are seeking clarity over what will happen to the Job Retention Scheme, under which furloughed staff salaries are being paid.
Malls giant Intu has made a key new appointment with the arrival of a Chief Restructuring Officer and has also said it’s prepared to get tougher with some large tenants that are withholding rents.
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