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Sovereign wealth fund bets big on UK shopping centre recovery

Sovereign wealth fund bets big on UK shopping centre recovery

The centre boasts a prestigious tenant list that includes retail giants like Marks & Spencer, Zara, and Primark. Credit: Angelina Dimitrova via Shutterstock. In a move signalling confidence in the future of prime UK retail locations, Norway’s sovereign wealth fund, Norges, is on the verge of acquiring full ownership of Meadowhall, a prominent shopping centre...

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Inflation in UK Shops Falls to Lowest Level since 2021

Inflation in UK Shops Falls to Lowest Level since 2021

TEHRAN (ANA)- Annual inflation for shop prices in the United Kingdom (UK) dropped to 1.3 percent in March, the lowest level in more than two years, the British Retail Consortium (BRC) announced. “Shop price inflation eased to the lowest level since December 2021 last month as retailers continued to compete fiercely to bring prices down...

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43 Papa Johns takeaways across the UK are closing for good in 2024

43 Papa Johns takeaways across the UK are closing for good in 2024

Papa Johns has a pretty devoted UK fanbase – there is, after all, a reason why over the years the pizza chain has accumulated a whopping 450 takeaways across the UK. And if you’re part of that fanbase, we have some terrible news: the brand is set to close dozens of its UK stores for good...

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Ted Baker calls in administrators putting 86 stores at risk of closure

Ted Baker calls in administrators putting 86 stores at risk of closure

The scale of closures is currently unclear (Picture: Reuters) Hundreds of jobs at high street store Ted Baker are at risk as it plans to appoint administrators. No Ordinary Designer Label, owned by Authentic Brands Group (ABG), filed a notice of intention to appoint Teneo Financial Advisory as administrators today. While the scale of closures...

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Award-winning fish and chip shop ordered to take down Union flag

Award-winning fish and chip shop ordered to take down Union flag

London’s “best” fish and chip shop has been ordered to remove a Union flag mural by council officials. The owner of the Golden Chippy, in Greenwich, south-east London, was left bemused after a design featuring the flag held by a humanoid fish and a slogan saying “A Great British Meal” were allegedly deemed inappropriate for...

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Dozens of dead wild animals dumped outside Hampshire shop

Dozens of dead wild animals dumped outside Hampshire shop

Police are investigating a series of gruesome wildlife killings in Hampshire after about 50 hares, a kestrel and a barn owl were dumped outside a village shop. Staff were “distraught” after discovering the animals’ bodies early last Friday morning at the Broughton Community Shop. Blood had been smeared on the shop windows and the two...

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Sainsbury’s and Tesco apologise for ‘inconvenience’ to customers after in store and online ‘technical issues’

Sainsbury’s and Tesco apologise for ‘inconvenience’ to customers after in store and online ‘technical issues’

“Technical issues” that affected Sainsbury’s in store contactless payments and online delivery services have been resolved after causing chaos for shoppers. The supermarket said on Saturday morning that it was unable to fulfil the “vast majority” of online deliveries, while staff waited outside some stores to tell customers they could only pay with cash. Tesco...