Latest News

The British Retail Consortium’s annual crime survey, released this week, shows that although all other offences were down employee theft rose in the year 2009/2010. The survey showed that employee theft accounted for 5.4 % of all retail crime by value with recorded offences up by 68% although the average value fell by 67% down to £290.

It has come to light that a £2 coin is in circulation with a spelling mistake likely to increase its value. The coin – made to mark the 400th anniversary of the Gunpowder plot – has the words ‘Pemember the fifth of November’ engraved around the outer rim.

Retailers are reporting mixed fortunes for Christmas 2010 as the flurry of Christmas trading statements continues. But according to the latest High Street Sales Tracker, published today by BDO,  year on year sales growth on the high street held firm despite the snow, down by only 0.5% in the five weeks to January 2011 while takings in the week after Christmas rose 8.3% on the same week in December 2009. Non store sales were up 45% in December year on year.