British cosmetics giant founded by Dame Anita Roddick in 1976
Multiple retailers are pursuing aggressive restructurings as closures and rent cuts are demanded to stabilise finances. TG Jones, formerly WH Smith, could shutter up to 150 stores; Poundstretcher is considering administration without a plan; Carter’s is closing 150 locations as profits slip. These moves reflect a tougher high-street environment.
Several UK reports show business leaders warning against further taxation while stressing the need to back scaling firms. The government faces the challenge of sustaining growth in a fragile economy amid Middle East conflict spillovers and inflation pressures.