Chancellor Rachel Reeves’ budget introduces significant cost increases for retailers, primarily due to National Insurance and wage hikes.Retailers are expected to face an additional £2.3 billion…
Browsing: business rates reform
M&S CEO Stuart Machin has openly criticized the government’s approach towards tax increases.Chancellor Rachel Reeves is reportedly considering raising the national insurance paid by employers.Machin fears…
Over 70 retail leaders demand urgent reform of business rates in a letter to the Chancellor.Leaders from high-profile retailers such as M&S, Primark, Ikea, and Tesco…
In July, the UK’s total retail sales saw a 0.5% increase compared to the previous year, while non-food sales experienced a decline.The British Retail Consortium released…
The recent landslide victory for Labour has sparked reactions from various industry figures, calling for immediate action on pressing issues.Helen Dickinson of the BRC emphasizes the…
The British Retail Consortium (BRC) emphasizes the urgent need for political intervention to counteract a significant decline in retail footfall.Foot traffic in UK retailers dropped by…
Drapers has initiated a campaign aimed at influencing policies related to the fashion retail industry in the upcoming general election.Prime Minister Rishi Sunak has announced that…