Debenhams goes into liquidation, to close after Christmas. | UK |

  • December 02, 2020 10:33 AM GMT
  • Team Kalkine

Iconic British department store group Debenhams is to be wound down after Christmas, putting 12,000 jobs at risk. There is a massive stock clearance sale starting at 7 am on Wednesday (2 December), as non-essential shops will reopen for the first time after the second lockdown.

* Royal Mail Plc hike first- and second-class stamp prices The company’s decision comes amid plans to permanently scrap Saturday's letterbox. It had previously increased the prices around nine months back. Royal Mail’s letter volumes have fallen 28 percent in the six months to 27 September, compared with the same period a year ago.

* Lastminute.com to refund more than £7 million for canceled package holidays Lastminute.com, a brand operated by Swiss group BravoFly, was asked by the Competition and Markets Authority (CMA) to repay customers after hundreds of complaints were lodged. CMA has also directed the firm that anyone eligible for a refund for trip cancellation on or after 3 December should be paid within 14 days.

 


Disclaimer
The website https://kalkinemedia.com/uk is a service of Kalkine Media Ltd (Kalkine Media), Company Number 12643132. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK