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      A bank tax hangs in the balance at the local election ballot

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Co-op

  • BRC chief: Red tape ‘weighs heavily’ on retailers

    Retail

    Helen Dickinson, the boss of leading trade body the British Retail Consortium, believes red tape “weighs heavily” on retailers. She speaks to Felix Armstrong about food inflation, workers’ rights and her meeting with the Chancellor. Helen Dickinson was six weeks into her job as chief executive of the BRC when the horsemeat scandal landed on [...]

    Helen Dickinson in a professional setting discussing business trends and strategies for economic growth on a news website
  • Co-op merger to bring huge shakeup to retail and funeral giant

    Retail

    The Co-op Group is preparing to takeover the Southern Co-op, in a merger which would bring a major shakeup to the retail and funeral giant in its bid to move on from a crushing cyber attack. The deal would see the group snap up around 300 food stores, funeral branches and Starbucks coffee shops. The [...]

    Business meeting with diverse team discussing strategies at a modern office conference table, focusing on collaboration an...
  • Co-op takes £126m knock from cyber attack as boss quits

    Retail

    Retailer Co-op has slumped to a £126m loss as it reels from the cyber attack which cost the firm nearly £300m last year, as its chief executive quit. The grocery chain is preparing to slash costs in the coming year, as it plans to cut £200m of spending in 2026.  Co-op’s cyber attack in April [...]

    Breaking news concept with abstract digital globe and network connections on blue background
  • Labour pencils £210m cyber plan to curb escalating attacks

    January 6, 2026

    The UK government has unveiled a £210m cyber action plan aimed at shoring up the public services, as ministers face mounting pressure to respond to a sharp rise in attacks on major British businesses. The plan, published on Tuesday, comes amid a backdrop of high-profile cyber incidents that hit retailers including M&S, Co-op and Jaguar [...]

  • Asda: Will 2026 be the year supermarket giant bounces back?

    December 26, 2025

    This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermarket giant was hoping the new year would begin to reveal green shoots of recovery. Under [...]

  • The great high street outage of 2025

    December 24, 2025

    On paper, British high streets have seen worse. Footfall has survived recessions, pandemics and price shocks before, and tills were just about still ringing. But this year it flickered, stalled and, in some cases, went dark – brought to its knees by a wave of cyber attacks that exposed the fragility of retail in the [...]

  • Cyber roles demand soars as UK firms scramble to plug skills gap

    November 13, 2025

    Demand for cybersecurity training across UK businesses has surged following a wave of cyberattacks on major firms and public bodies, as employers scramble to strengthen defences ahead of new government rules. The rise in attacks, including one that crippled Jaguar Land Rover’s operations earlier this year, has coincided with a sharp rise in firms seeking [...]

  • Co-op to open or refurbish dozens of stores amid cyber attack recovery

    November 10, 2025

    The Co-op has said it is pushing forward with a number of new stores and major refurbishments as it bounces back from a damaging cyber attack. The retailer said 50 stores will be opened or re-opened by Christmas as it urged the Government to reform business rates ahead of the autumn Budget. It said reforms [...]

  • Labour trails plans to fight cyberattacks

    October 30, 2025

    The UK government is set to take further action to bolster national cyber resilience, City AM understands, as cybercrime continues to surge across the country. High-profile attacks on businesses, from smaller firms to major supply chains, have unveiled deep cracks and vulnerabilities in the economy. Tech secretary Liz Kendall told City AM: “We’re working really [...]

  • Co-op warns 150,000 jobs at risk ahead of Autumn Budget

    October 13, 2025

    The Co-op has warned that 60,000 small shops and 150,000 jobs could be lost without business rates reform in next month’s Autumn Budget. The Manchester-headquartered group has said Britain’s high streets “face a critical moment” and that Chancellor Rachel Reeves needs to announce “maximum” business rates relief on 26 November. The call comes after City [...]

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