Debenhams owner facing scrutiny from data protection watchdog September 23, 2026 Few quirks of modern life are so hated as the inability to cancel a subscription. For retail giant Debenhams, that ire could land it in hot water with the UK’s data protection watchdog. The retailer is facing scrutiny from the Information Commissioner’s Office (ICO) after the watchdog received multiple complaints from consumers who could not [...]
Claire’s Accessories administrators hand creditors nearly £10m bill September 22, 2026 The administrators of collapsed jewellery retailer Claire’s Accessories have billed nearly £10m for their work, with bosses charging more than £1,500 per hour. The retail chain collapsed for the second time in January, just months after private equity firm Modella Capital bought it out of administration last September. The double collapse of Claire’s looks set [...]
Kingfisher shares rocket after B&Q owner lifts profit target September 22, 2026 Home improvement group Kingfisher saw its shares rocket after the group lifted its profit target, despite summer heatwaves pushing down sales at B&Q. The FTSE 100 retailer, which also owns Screwfix, said it now expects to make a pre-tax profit of between £595m and £635m, having previously guided between £565m and £625m. Last year, the [...]
Business rates cut will ‘backfire’ for Soho and West End September 22, 2026 John Healey’s plans to deliver an emergency tax cut for high street businesses would fail to boost most firms in London’s busiest areas like Soho and the West End, analysis suggests. The Chancellor is reportedly planning to cut taxes for pubs, shops, cafes and restaurants by hiking the threshold for small business rates relief (SBBR). [...]
Fast fashion copyright battle continues as Shein granted appeal against Temu September 21, 2026 Fast fashion retailer Shein has been granted permission to appeal against rival Temu in a first-of-its-kind copyright battle in the UK. A judge confirmed in a hearing on Monday that Shein can challenge a judgement handed down last month in the Court of Appeal. The judge said there were “compelling reasons” for the court to [...]
‘Less allegation’: Brewdog hits out at former owners September 21, 2026 Brewdog’s new owners have sought to distance the company from its founders James Watt and Martin Dickie with a new campaign that pledges the controversial brewer will be “run properly” and attract a “little less allegation”. The craft beer firm, which is now owned by US cannabis firm Tilray, has launched a multi-million pound campaign [...]
JD Sports launches in Mexico amid North American slowdown September 21, 2026 JD Sports has announced plans to open more than 140 shops in Mexico, as the ‘King of Trainers’ battles to halt falling sales and move on from a recent boardroom bust-up. The FTSE 100 retailer said it has reached an agreement with Axo, a Mexico-based retail distributor, to operate its stores in the country. JD [...]
As it happened: US stocks make gains ahead of Trump-Xi summit September 21, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index made gains on Monday morning, turning a corner from heavy losses on Friday. Miners and industrial stocks like Anglo American, Antofagasta and Metlen Energy and Metals were among the FTSE 100’s biggest risers on Monday morning. BP and Shell dragged on the index, [...]
The return of VAT-free shopping will boost Britain’s towns and cities September 21, 2026 Britain has so much to offer. It is no surprise that more than forty million overseas visitors choose to visit our country every year. Walk down Bond Street in London or Princes Street in Edinburgh and you will see visitors from around the world drawn to some of our most iconic retailers. Our high streets [...]
Summer of sorrow: Property sector bears brunt of August administration spike September 18, 2026 Nearly 2,000 businesses went into insolvency in August as economic pressures and ongoing geopolitical tensions weighed on British firms. According to new figures the Insolvency Service released on Friday, 1,946 firms went into insolvency in England and Wales in August, flat compared to July and down from 2,007 in August 2025. The data showed that [...]