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News-In-Brief
Today’s news in brief-24/4/25
Chancellor Rachel Reeves is reviewing the Low Value Import scheme, which allows goods under £135 to enter the UK tariff-free,…
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Government
Chancellor mulls ending tariff-free import scheme to combat Chinese dumping
Chancellor Rachel Reeves is considering ending the Low Value Import scheme, which currently allows online retailers to bring goods worth…
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News-In-Brief
Today’s news in brief-23/4/25
THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking…
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High Street
Weston family secures robust returns amid strong retail performance
Wittington Investments, the parent company behind Primark and Fortnum and Mason, has reported increased profits across its retail portfolio, going…
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News-In-Brief
Today’s news in brief-22/4/25
Marks & Spencer has apologised to customers after a technical glitch disrupted contactless payments and click-and-collect services over the Bank…
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High Street
Matalan secures £25m in funding for store and digital transformation
Matalan has announced that it has secured an additional £25m of funding from its anchor investors Invesco, Tresidor, Man Group…
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News-In-Brief
Today’s news in brief-17/4/25
Sainsbury’s has forecast flat profits for the coming year, expecting operating profit to drop to around £1bn, below market expectations,…
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Supermarkets
Sainsbury’s forecasts flat profits ahead despite 7.2% uplift in FY25
Sainsbury’s has forecast flat profits for the coming year, revealing that it expects its operating profit to drop to around…
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Today’s news in brief-16/4/25
Inflation in the UK fell more than expected to 2.6% in March 2025, down from 2.8% in February, driven by…
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Clothing & Shoes
Sosandar lowers profit expectations amid softer trading
Sosandar has revealed it expects its full-year profits to be no less than £500k for the year ended 31 March…
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