Category Archives: UK

KPMG to protect La Senza lingerie chain from administration

Lingerie chain, La Senza, has become the latest UK retailer to face financial restructuring. Global accounting firm, KPMG has been appointed to advise the company on a range of restructuring options, which could include administration or a company voluntary agreement … Continue reading

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UK consumers tp spend 350 million hours shopping online this Christmas

Experian Hitwise has made twelve key retail, social media and video predictions for this year’s festive season. Based on the latest data trends in online shopping, social networking, email and entertainment, here are their “12 Insights of Christmas” 350 million … Continue reading

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UK offers help to bankrupt Ireland

While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading

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Irish Company changes Scottish soccer sponsorship strategy

Tennents Lager, owned by Irish Company C&C Group PLC, has announced that it is to end its 36 year relationship with the Scottish Football Association (SFA) the governing body for Soccer in Scotland. Instead the Irish company has announced that … Continue reading

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Cheryl Cole back on the market

Sources close to Cheryl Cole have reportedly claimed that Cheryl Cole has ended her marriage with British Soccer player Ashley Cole. The sexy  Girls Aloud star is said to have sent husband Cole a text saying “Move out. It’s over” from … Continue reading

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Northern Rock loses $1.2bn in first half of 2009

British Bank, Northern Rock, has reported losses of more than $1.2Billion (UK£724 Million) for the first 6 months of 2009. This signals a worsening of the situation for the bank as it shows an increase of 24% over the loss … Continue reading

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Woolworths is dead. All stores to close after Christmas

All Woolworths’ stores will shut by January 5th 2009, the company’s it was confirmed this morning. Administrators, Deloitte, said around 200 of the company’s 807 stores would close by December 27th, followed by a second batch of 200 on December … Continue reading

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