Retailers were last night hit by a third night of looting in
London and other cities around the UK. Yesterday, the British
Retail Consortium issued a statement condemning the actions of
looters, arsonists and vandals. Stephen Robertson, director
general, said: “I deplore the violence and property damage
inflicted by these criminal actions. I have the greatest sympathy
for those who’ve lost businesses, staff whose jobs are now in
jeopardy and customers now without local services.
“And, at a time when some of London’s most deprived areas are
looking forward to a substantial spending boost from visitors to
next year’s Olympics, this sends an appalling message to would-be
tourists around the world.”
The clean-up operation will cost insurers “tens of millions
of pounds” a spokeswoman for the Association of British Insurers
(ABI) told Reuters news agency this morning.
In pictures: retailers wake up to another night of looting-from
the Telegraph.
Publishing software provider Quark has been
acquired by Los Angeles-based private equity firm
Platinum Equity for an undisclosed sum.
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