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Tag Archive 'companies'

Your guide to the recession…

Recession is a term that represents six successive months of economic decline suffered by that economy; but what exactly causes this to happen?

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In past years it has been the frosty weather that has brought about chills, but this year gas and electricity bills are sending shivers down peoples’ spines.

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The high street: Half price or half empty?

During a week where one of the most prestigious high street outlets shut its doors to shoppers for good, we are not long after greeted with the news that Marks & Spencers have announced to close twenty seven of its nationwide stores.

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Woolworths waves farewell

Woolworths will finally say goodbye to the British high street once and for all today, as the remaining 200 branches close their doors to shoppers for good.

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Banks to defy base rate

News Week: 17th November 2008
Despite many shops experiencing a slump in sales, online retailer ASOS have defied the recession and have reportedly doubled sales, increasing profits by 68% in the past six months. This offers hope to other online retailers, who fear for their economic safety.

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