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High Street

  • Byron burger chain rescued by Gen Z investor

    November 30, 2025

    The struggling high end burger chain Byron has been saved from a third collapse by a Gen Z entrepreneur, who has snapped up the troubled business for £2.5m. First reported in The Times, the business has been bought by Niyamo Capital, founded by the Indian born investor Akshat Tibrewala, securing the future of the brand [...]

  • Retail sales drop in pre-Budget disappointment

    November 21, 2025

    Retail sales fell 1.1 per cent in October, following a 0.7 per cent rise last month, in a “disappointing” start to the all-important festive season ahead of the budget next week.  Sales in clothing were particularly affected as shoppers took a more cautious approach, with spending “constrained by consumer nervousness amid mixed messaging from a [...]

  • 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 [...]

  • High street jewellery giants struggle to sparkle

    November 5, 2025

    Growth seems to be hard to come by in almost any industry at the moment, especially as UK business leaders brace for Chancellor Rachel Reeves to deliver her expected tax hikes later this month. But the latest set of financial results for two of the country’s largest jewellery chains has shone a spotlight on the [...]

  • One in four retail workers physically assaulted on the job

    November 4, 2025

    A quarter of retail workers have been physically assaulted on the job as retail crime continues to worsen in the UK. Close to half of retail staff (44 per cent) said they’re being abused or attacked every week, up 10 per cent year on year, according to a new report from the Retail Trust. A [...]

  • Autumn Budget: Reeves must avoid tax encore for retail, HMV boss warns

    October 29, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of HMV joins a chorus of warnings to give the retail sector some reprieve. As high street music retailer HMV breezes into the all-important golden quarter, boss Phillip Halliday is eyeing a chart-topper [...]

  • Next expected to reveal sales momentum despite consumer pressure

    October 26, 2025

    Next is expected to report further growth for the past quarter as the high street chain continues to shrug off the squeeze on consumer finances. Shares in the company lifted on Friday to a new record high as investors continue to buy into the group. The company has been a consistent bright spot across the [...]

  • Hundreds of jobs at risk as Pizza Hut UK dine-in arm goes into administration

    October 20, 2025

    The dine-in arm of Pizza Hut has collapsed into administration, putting dozens of restaurants and hundreds of jobs at risk. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. The 67-year-old chain has said it will shutter 68 venues permanently, while 1,723 workers face uncertainty on their [...]

  • B&M: City broker ‘not concerned’ about retailer despite turmoil

    October 20, 2025

    City broker Panmure Liberum has reassured investors about a serious slide in B&M’s share price, arguing that it’s based on a ‘one-time error’ and doesn’t suggest underlying trouble. B&M surprised markets this morning when it released a trading statement showing a significant accounting error and the related departure of its chief financial officer. The FTSE [...]

  • 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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