Trinity Leeds

Britain’s best-performing retail locations revealed

Leeds is the only city in northern England to be named among the top ten most resilient locations for retail, rising 16 places in the rankings. Cushman & Wakefield’s “retail resilience index” analyses the performance of 250 town centres since the start of the financial crisis, based on 24 economic, demographic and retail property metrics. Cambridge held its top spot from last year, and Edinburgh was the only city outside of England to feature in the top ten. The report concluded that retail is driven increasingly by one of three…

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Prezzo restaurant

Report: top 100 UK restaurant chains lost £82m in past year

Nearly half of the of the UK’s Top 100 restaurant groups are now loss making, according to accountancy group UHY Hacker Young. New figures published by the firm reveal that the top 100 restaurants made a loss of £82m in the last year, down from a pre-tax profit of £102m twelve months ago. Of the UK’s Top 100 restaurant groups, 48 are now in the red, up from 37 last year. The huge loss in profits has been caused by a number of restaurant chains’ going through radical restructuring in…

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