England news and trends

England’s Retail Shops Have ‘Roaring 20s’ Moment As Third Lockdown Is Lifted
Retail // April 12, 2021

Shoppers and drinkers in the U.K. took the streets overnight and lined up to get into the country’s retailers, pubs and hair salons, which were allowed to open for the first time in three months on Monday (April 12). Although capacity and other restrictions are...

UK Retail Spending Back To Near Pre-Lockdown Levels
Retail // July 24, 2020

Britain’s stores have become the envy of the retail world. Reuters reports retail sales returned to near pre-COVID-19 lockdown levels last month when so-called non-essential stores in England reopened. In June, sales volumes increased by 14 percent from May, surpassing forecasts in a Reuters poll...

Barclays To Close 54 UK Branches By Year’s End
Banking // August 15, 2017

Financial company Barclays is gearing up to shutter 54 England-based bank branches by the end of 2017 as part of its cost-cutting efforts. According to a report in Reuters, the move by Barclays is being driven by customer movements to embrace online and mobile banking....

Snap Opens Pop-Up Shop In Harrods
Retail // July 21, 2017

Snap has opened its first pop-up shop, selling Spectacles inside the famous London department store Harrods. Tech Crunch reported that this is the first time customers can buy Spectacles in person and not through a Snapbot. Retailing for around $142, Spectacles are sunglasses that allow...

Quick Reads
Lawsuit in England Alleges Crypto Lender Nexo Prevented Withdrawals

November 21, 2022
Cryptocurrency lender Nexo is being sued in England by investors who claim the company prevented them from withdrawing assets worth $126 million in March 2021 and then said it would allow them to do so if they sold some of the assets — their Nexo tokens — to Nexo at a 60% discount. The investors […]

UK Retail Spending Back To Near Pre-Lockdown Levels

July 24, 2020
Britain’s stores have become the envy of the retail world. Reuters reports retail sales returned to near pre-COVID-19 lockdown levels last month when so-called non-essential stores in England reopened. In...

Barclays To Close 54 UK Branches By Year’s End

August 15, 2017
Financial company Barclays is gearing up to shutter 54 England-based bank branches by the end of 2017 as part of its cost-cutting efforts. According to a report in Reuters, the...

Snap Opens Pop-Up Shop In Harrods

July 21, 2017
Snap has opened its first pop-up shop, selling Spectacles inside the famous London department store Harrods. Tech Crunch reported that this is the first time customers can buy Spectacles in...