Two of the UK’s best-known retailers collapsed into administration on Wednesday, putting well over 5,000 jobs at risk and underscoring the pressures stemming from inflation, slumping consumer confidence and the surging popularity of internet shopping. Toys R Us, which had reportedly been wrangling with creditors for weeks, announced that it had appointed Moorfields to handle its wind-down, casting doubt over the future of 3,200 employees’ work.
U.S. toy and juvenile-products retailer Toys "R" Us collapses into administration in the United Kingdom, putting 3,200 jobs at risk. 2018-03-01 06:30:07 (First version)
U.S. toy and juvenile-products retailer Toys "R" Us collapses into administration in the United Kingdom, putting 3200 jobs at risk. (Current version)
Toys "R" Us announce that they will close down all of their stores in the United Kingdom after rescue talks fail, resulting in the loss of about 3,000 jobs. 2018-03-14 (Context: Economy of the United Kingdom, Toys "R" Us, United Kingdom)
Following the cancellation of the Williams & Glyn bank formation, the Royal Bank of Scotland announces the closure of 162 RBS and subsidiary NatWest branches across the United Kingdom. 2018-05-1 (Context: Economy of the United Kingdom, United Kingdom)
A report reveals that 2017 saw over ten thousand new businesses in the technology sector throughout the United Kingdom, with all areas seeing growth over 2016. Scotland saw a 77% increase with 440 new firms. 2018-04-6 (Context: Economy of the United Kingdom, United Kingdom)
The United States, France, and the United Kingdom target chemical weapon sites and other Syrian military sites with missile strikes on early Saturday morning Syrian time (EET), in response to the Douma chemical attack. 2018-04-14 (Context: United Kingdom, United States)
The United Nations Security Council meets amid concerns of military strikes in Syria by the United States and its allies following a suspected chemical weapons attack in Syria last weekend, with the United States ambassador to the UN, Nikki Haley, accusing Russia of lies and covering for the government of Syrian President Bashar al-Assad, which she said had used chemical weapons at least 50 times in the past seven years of warfare, and the Russian ambassador to the UN, Vassily Nebenzia, blaming the United States, France and the UK for escalating tensions. 2018-04-13 (Context: United Kingdom, United States)