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CITY WHISPERS: Next will survive storm heading for high streets

The impact of higher prices, energy bills and mortgages hasn t yet fully hit stores. That is likely to change soon. But winners emerge from every downturn.

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Billionaire Arora Family Saved Their Riches Before Their Company B&M Tanked

Simon Arora spent almost two decades transforming a money-losing retail chain into a European discount juggernaut, making the former McKinsey & Co. analyst and his family one of the UK's richest.

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UK based Arora family saved their riches before B&M tanked

Simon Arora spent almost two decades transforming a money-losing retail chain into a European discount juggernaut, making the former McKinsey & Co. analyst and his family one of the UK's richest, the media reported.But lately the company .

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Why fashion giant Boohoo has made investors cry into their cornflakes

Why fashion giant Boohoo has made investors cry into their cornflakes
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Welcome To IANS Live - LatestNews - UK based Arora family saved their riches before B&M tanked

But lately the company that made them rich B&M European Value Retail is struggling as a cost-of-living crisis, plunging pound and surging mortgage rates rattle consumers. The stock is down more than 50 per cent this year, and Arora just retired as chief executive officer after signalling in April he planned to stay on for a further 12 months, Bloomberg reported.For

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