Retail news

• US stock markets hit new record highs amid trade deal optimism – as it happened

  04-11-2019 16:09
  Rolling coverage of the latest economic and financial newsLatest: Trade optimism lifts marketsUS optimistic of partial deal soonUK construction slump continues
  Civil engineering shrinks at fastest pace since 2009Gambling firms shares slide as MPs demand crackdownEarlier:Germany’s manufacturing in recessionMothercare UK faces administration 3.09pm GMT Global stock markets are rallying to record highs, on hopes that Donald Trump and Xi Jinping may sign a provisional trade deal later this mon
  
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• UK civil engineering slumps; trade deal optimism lifts markets - business live

  04-11-2019 12:20
  Rolling coverage of the latest economic and financial newsLatest: UK construction slump continuesCivil engineering shrinks at fastest pace since 2009Construction PMI: 44.2, showing another contractionEarlier:Germany’s manufacturing in recessionFrance growing, but problems in Italy and SpainMothercare UK heads to administrationTrade war optimism lifts markets 11.10am GMT Shares in Britain’s gambling companies have also fallen heavily this morning, as parliament pushes for a radical ov
  
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• Mothercare to put UK unit in administration

  04-11-2019 09:51 via ft.com
  Baby products group hit by intense competition from supermarkets and online retailers
  
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• European stocks hit 21-month high; Mothercare UK faces administration – business live

  04-11-2019 09:36
  Rolling coverage of the latest economic and financial newsLatest: Mothercare UK heads to administrationTrade war optimism lifts marketsAsian stocks rallyComing up: Eurozone factory and UK construction data 8.36am GMT Here’s our news story on Mothercare UK’s administration: Related: Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk8.36am GMT Shares in Mothercare have fallen 15%, to a record low of 9p. That values the company at just £33m.Investors hav
  
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• Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk

  04-11-2019 09:12
  Retailer says UK operations, which comprise 79 stores, lost £36.3m last yearMothercare is to appoint administrators for its UK high street chain, putting 2,500 jobs at risk.The mother-and-baby-goods retailer said its UK retail operations, which comprise 79 stores, lost £36.3m last year and after a review it had become clear that the business would not return to profitability.Continue reading...
  
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