NOVEMBER TRADE NEWS

 

Woolworths confirms administration

Textile maker claims innocence in fake goods case

VAT cut drives Irish shoppers north of the border

Woolworths close to administration

Chancellor cuts VAT to 15%

Retail sector 'being driven by discounts'

Lingerie business to focus on wholesale operations

Christmas delivers online shopping

BRC warns government of pressure on retailers

Wholesaler helps small retailers fight Asda

Fraudster made £12,000 from eBay scam

Scottish consumers 'tightening their belts'

Luxury fashion brand enjoys rise in wholesale activity

Weak pound benefits Northern Irish retailers

Internet helps small retailers to fight downturn

London sales superiority over UK 'dwindling'

Cambridge retailers fight proposed Tesco opening

Wholesale slump for designer clothing company

Small retailers 'under threat

Post Office to keep card accounts

Wind forces trade fair inland

Young consumers 'susceptible' to brands

Christmas cheer in store for small retailers

Local shops play vital community role

Retailers told to expect flat sales this Xmas

Keep Trade Local campaign comes to London

Park Cameras bags Retailer of the Year award

Retail sales plummet to three-year low

Christmas 'make or break' for small retailers

UK traders invited to enter Retail Week Awards

Mary Queen of Shops to help Birmingham retailers

Scottish Asda store criticised by local resident

Low interest rate good news for small firms

Markets must support each other, says CGTA

Banks urged to pursue small business funding

BRC to launch new online retail sales indicator

Small retailers voice optimism in Kendal

Portsmouth hosts bash for local newsagents

Argos under fire for 222% APR store card

Emergency funding for ailing small firms

Stolen goods warning for Worcestershire retailers

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 14th November 2008

Post Office to keep card accounts

The government has awarded the Post Office with a contract to continue offering card accounts used by millions of people to receive benefits and pensions.

There had been warnings that as many as 6,000 post offices would be under threat if the Post Office Card Account (Poca) had been given to a rival bidder.

Work and pensions secretary James Purnell told the House of Commons that the Poca procurement process was being dropped and that the Post Office would carry on providing the service until at leas 2015.

Although the move might prevent the immediate loss of thousands of jobs, claims have been made that the government wanted to give the contract to rival bidder PayPoint, but had bowed to popular demand.

Alan Duncan, Conservative business spokesman, said the decision was "a humiliating climbdown" for the government.

The government is currently in the process of closing some 2,500 branches this year, as it attempts to cut costs and 'streamline' the network.

 

(c) 2008 Adfero Ltd.

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