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£3.9bn of online Christmas orders will be returned, but which stores have the worst returns policies?

Brits are expected to return £3.9bn-worth of unwanted gifts purchased online after Christmas, for a refund or an exchange. The home delivery expert ParcelHero says over 10% of all gifts… The post £3.9bn of online Christmas orders will be returned, but which stores have the worst returns policies? appeared first on London Business News |…

B&M European Value Retail uncorks FTSE 100’s twelfth special dividend of 2021

B&M European Value Retail’s declaration of a 25p-a-share special dividend will mean this is the third year in a row when the firm has rewarded shareholders for their support with… The post B&M European Value Retail uncorks FTSE 100’s twelfth special dividend of 2021 appeared first on London Business News | Londonlovesbusiness.com.

Primark owner ABF reports upbeat sales

Recent trading at Primark has beaten expectations, owner AB Foods said this morning. AB Foods’ other divisions of grocery, sugar, ingredients and agriculture have matched expectations since the start of… The post Primark owner ABF reports upbeat sales appeared first on London Business News | Londonlovesbusiness.com.

£62m set to be spent on workplace Secret Santas in London this year

New research has revealed that London workers are set to spend £62m this year on workplace Secret Santas alone. The survey data, conducted by FCA-regulated credit broker CashLady.com, has lifted… The post £62m set to be spent on workplace Secret Santas in London this year appeared first on London Business News | Londonlovesbusiness.com.

American Express champions the vital role of small businesses with return of the UK’s Shop Small campaign

American Express continues its long-standing backing of small businesses by once again running its flagship Shop Small campaign, encouraging the nation to support their local, independent businesses. Shop Small launched… The post American Express champions the vital role of small businesses with return of the UK’s Shop Small campaign appeared first on London Business News…

SMEs call for government support due to staff shortages and supply chain issues

More than two thirds (68%) of London SME owners anticipate the current supply chain issues and staff shortages to only get worse before they get better, according to a new… The post SMEs call for government support due to staff shortages and supply chain issues appeared first on London Business News | Londonlovesbusiness.com.

Inflation puts brakes on consumer spending, but borrowing remains resolute with buy now, pay later growth continuing

With inflation surging to a 10 year highi, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast… The post Inflation puts brakes on consumer spending, but borrowing remains resolute with buy now, pay later growth continuing appeared first on London Business News…

Ongoing Brexit import delays set to hamper supply chains in the run up to Christmas

One year on from the official final transition from the EU, UK businesses continue to see increasing Brexit-related delays to imports from the EU, according to the latest Franco-British Business… The post Ongoing Brexit import delays set to hamper supply chains in the run up to Christmas appeared first on London Business News | Londonlovesbusiness.com.

Brits will spend £1.2bn online on Christmas Day, as more people shop online than watch the Queen

Christmas Day is rapidly becoming one of the biggest events in retail. Last year, shoppers spent £1bn online on the big day and this year will see that rise to… The post Brits will spend £1.2bn online on Christmas Day, as more people shop online than watch the Queen appeared first on London Business News…

Ted Baker chair John Barton has died

John Barton, the chairman of the fashion chain Ted Baker and the former chair of easyJet and Next, has died. Ted Baker said the 77-year-old City stalwart, who was appointed… The post Ted Baker chair John Barton has died appeared first on London Business News | Londonlovesbusiness.com.

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