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  • Top News

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    Are the Israelis and Trump Going to Hit Iran’s Nuclear Site?

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    India stocks higher at close of trade; Nifty 50 up 1.61%

  • Economy

    Taiwan October exports beat expectations on surging work-from-home demand

    Rise in exports offers Germany hope of avoiding fourth-quarter slump

    Key Japan indicator rises for fourth month in September, outlook index jumps

    China Releases Strong Trade Data, But Decreased Imports Remain a Challenge

    Japan manufacturers’ less pessimistic in November: Reuters Tankan

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    EU’s Barnier says work continues on trade talks with Britain

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    China October exports surge, imports rise amid global recovery

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    U.S. wholesale inventories revised higher in September

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    U.S. job growth slows in October; part-time workers increase

    U.S. job growth slows in October; part-time workers increase

  • Forex

    Taiwan October exports beat expectations on surging work-from-home demand

    Rise in exports offers Germany hope of avoiding fourth-quarter slump

    Key Japan indicator rises for fourth month in September, outlook index jumps

    China Releases Strong Trade Data, But Decreased Imports Remain a Challenge

    Japan manufacturers’ less pessimistic in November: Reuters Tankan

    Japan manufacturers’ less pessimistic in November: Reuters Tankan

    EU’s Barnier says work continues on trade talks with Britain

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    China October exports surge, imports rise amid global recovery

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    U.S. wholesale inventories revised higher in September

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    U.S. job growth slows in October; part-time workers increase

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  • Investing

    Contactless limit could rise to £100

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    ‘An absolute killer’: small UK firms struggle with Brexit VAT rules

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    Private rents fall in UK’s biggest cities by up to 12% amid Covid crisis

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    Sir Philip Green’s fallen Arcadia empire owes its creditors £750m

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  • Stock

    Contactless limit could rise to £100

    Business “falling short” on diversity says leading academic, author and entrepreneur

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    Barclays boss Jes Staley: working from home ‘not sustainable’ as collaboration and culture take a hit

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    Amazon prepares to stop selling some products to Northern Ireland

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    ‘An absolute killer’: small UK firms struggle with Brexit VAT rules

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    Private rents fall in UK’s biggest cities by up to 12% amid Covid crisis

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    Cash machine use fell 38% in 2020 due to Covid contact fears

    Cash machine use fell 38% in 2020 due to Covid contact fears

    Shortage of building materials puts a ceiling on construction industry

    Shortage of building materials puts a ceiling on construction industry

    Sir Philip Green’s fallen Arcadia empire owes its creditors £750m

    Sir Philip Green’s fallen Arcadia empire owes its creditors £750m

  • Politics

    Ford will cease production of its iconic Mustang Shelby GT350s soon, axing the best cars it currently makes

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    RISING STARS: Meet the 16 up-and-coming investors changing the face of healthcare in the US

    Use this checklist from Shopify’s president to determine when it’s time to make your side hustle your full-time business venture

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    Startup Tipalti used this pitch deck to raise $150 million as the pandemic drove customer and investor attention to its payments-automation tech

    Boris Johnson says rumours about him having long-term coronavirus health problems are ‘seditious propaganda’

  • Editor’s Pick
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    U.S. presidency still undecided; Biden opens leads in key Midwestern states

    Dems Impeach Trump – Call on Pence for 25th Amendment

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UK shops to be allowed trade around clock to recoup Covid losses

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December 1, 2020
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shop interior panorama

Shops will be given permission to trade around the clock as the high street tries to recoup some of the losses it has suffered during the pandemic, a UK cabinet minister has said.

Retailers normally have to go through a lengthy process to apply to local authorities under the Town and Country Planning Act if they wish to extend hours outside the window of 9am to 7pm.

The communities secretary, Robert Jenrick, said he wanted to remove the bureaucracy to encourage greater trade – allowing shops to open for up to 24 hours a day in December and January.

Writing in the Daily Telegraph, he said: “With these changes local shops can open longer, ensuring more pleasant and safer shopping with less pressure on public transport. How long will be a matter of choice for the shopkeepers and at the discretion of the council, but I suggest we offer these hard-pressed entrepreneurs and businesses the greatest possible flexibility this festive season.

“As local government secretary I am relaxing planning restrictions and issuing an unambiguous request to councils to allow businesses to welcome us into their glowing stores late into the evening and beyond.”

It comes after Jenrick suggested some areas could be moved into a lower tier when the first 14-day review of the latest system of tiered local controls takes place in mid-December.

A record number of shops closed during the first half of 2020 due to the coronavirus lockdown, according to research from the Local Data Company and PwC.

A total of 11,000 chain operator outlets shut between January and August this year, while about 5,000 shops opened, leaving a net decline of 6,000 stores, almost double the drop during the same period last year.

Sir Philip Green’s Arcadia Group, which runs the Topshop, Dorothy Perkins and Burton brands, has also fallen into administration placing 15,000 jobs at risk.

Read more:
UK shops to be allowed trade around clock to recoup Covid losses

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