Trade Away

Despite Scotland's rebellious rejection of British independence in the 2016 referendum, the House of Fraser department store chain is getting into the spirit of things by terminating a long-lived institution and sacking a lot of people. Although Frasers Group has attracted the attention of HMRC for its entrepreneurial approach to the furlough scheme, inability to reach a deal over the tenancy for the building will mean the closure of Edinburgh's Jenners department store, which has been operating since 1838. The fact that it shares its name with the founder of vaccination adds a particularly tactful touch to its demise at a time when the Union is attaining such world-beating casualties in other departments.