August Breaks UK Credit Card Record as Balances Soar October 20, 2026 FICO UK Credit Card Market Report suggests risk teams must closely monitor payment rates and overlimit usage as rising inflation adds to financial pressure for consumers
Cornish Metals kickstarts share sale to reopen historic tin mine October 20, 2026 A Cornish mining company is seeking to raise £135m in an attempt to finance the reopening of the historic South Crofty tin mine and end the UK’s reliance on foreign imports. Cornish Metals, which is backed by the National Wealth fund, is selling shares to major institutional and strategic investors, as well as UK retail [...]
B&M joins battle to ‘cherry pick’ Poundland stores in sale October 19, 2026 Discount retailer B&M has joined the tussle to pick off select Poundland stores as its Boston-based owner Gordon Brothers eyes a rushed sale of the company. London-listed B&M European Value Retail is interested in acquiring a small number of Poundland stores, should the retailer be broken up if a buyer for the whole company is [...]
Lidl eyes Poundland bargain as sale of discount retailer ramps up October 15, 2026 Discount supermarket Lidl has tabled a bid for a single Poundland shop in the hope of scooping up more stores if the retailer is broken up, City AM has learned. The German grocery chain has put in an offer to Gordon Brothers, which owns the retailer, in which it would initially buy one store if [...]
Retailers back on alert after new wave of cyber attacks October 15, 2026 When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
Poundland hits out at ‘speculation’ after union criticises owner October 14, 2026 Poundland has hit out at the “speculation” engulfing the company’s sale after a retail workers’ union dubbed its US owner an “absolute disgrace”. Usdaw, the union representing shop workers, said earlier this week that it has “deep concerns” about US investment firm Gordon Brothers’s sale of the business. Bally Auluk, Usdaw’s national officer, claimed Poundland’s [...]
Valuedynamx Extends Tesco Clubcard Points Collection To More Than 500 Retail Brands October 14, 2026 Points Partners, a new online shop powered by Valuedynamx, lets Clubcard members collect as they shop
Wayfair among firms hit with £6m fine for ‘misleading’ sales tactics October 14, 2026 Online retail giant Wayfair is among three firms fined £6m by the competition watchdog for misleading sales tactics. The Competition and Markets Authority (CMA) said on Wednesday it fined Wayfair £4.8m for misleading customers with false limited-time offers that did not end when they said they would. This follows an investigation in which the CMA [...]
Healey plans £1bn e-commerce crackdown to fund retail tax breaks October 14, 2026 John Healey is preparing to announce a £1bn tax crackdown on online marketplaces like Amazon and Temu to fund tax cuts for high street shops. At the Budget later this month, the Chancellor is expected to make e-commerce platforms like Amazon, Ebay and Temu responsible for collecting tax owed by the sellers using their site, [...]
Tottenham Hotspur owed money after Big Zuu water brand Drip is liquidated with £9m debts October 14, 2026 They say it never rains but it pours: struggling Tottenham Hotspur’s latest problem is Drip, the canned-water company owned by celebrity chef Big Zuu, whose liquidation has left the club high and dry. Spurs signed a deal in 2024 making Drip the official front-of-training-wear partner of the women’s team, with much fanfare around the shared [...]