Leading audit, tax and consulting firm RSM is lending its support to Lost Stock by helping to run day to day finances. Launched by the team behind, Mallzee, Lost Stock was set up in the wake of coronavirus to help support garment workers in Bangladesh suffering as a result of cancelled clothing stock orders.
24 June 2020
With doors opening on 4 July and the two-metre rule now relaxed, it will be back to business for the leisure and hospitality industry. However, this crisis doesn’t end with the dialling down of coronavirus lockdown and the easing of distancing measures.
15 June 2020
On Monday, non-essential retailers in England will open their doors for the first time in 12 weeks. The coming month will give an indication of consumer confidence and whether the recession we have now entered will be as deep as some fear.
Paul is a corporate tax partner, providing transfer pricing and thin capitalisation advice to all clients in the Central and North West regions. The aim is to provide robust transfer pricing solutions to clients’ issues in a pragmatic way.
Jacqui is an audit director based in the Liverpool office and is an active member of the firm’s consumer markets group.
22 May 2020
Responding to the latest retail sales figures for April issued by the Office of National Statistics, Jacqui Baker, director and retail specialist at RSM said: ‘UK retail sales break records again this month but for all the wrong reasons. With total sales for April decreasing by 23.1 per cent compared with last year, it’s impossible to downplay the long-lasting effects coronavirus will have on the sector.
15 May 2020
A summary of the reliefs and support available to retail businesses during the coronavirus pandemic including a road map out of lockdown.
24 April 2020
Responding to the latest retail sales figures for March issued today by the Office of National Statistics, Ryan Broomfield, partner and retail specialist at RSM said:
‘The latest retail sales figures for March reflect the start of a significant downturn in UK consumer spend. The effects of coronavirus and lockdown saw the quantity of sales fall sharply by 5.1 per cent and the value of sales dropped by 5.7 per cent compared to the previous year.
26 February 2020
Reducing costs will be the top priority for retailers in 2020 with two thirds planning to renegotiate rents, according to the latest research.