Government
The latest news, updates and analysis on the government and what it is doing that affects the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Mar- 2018 -5 March
Serious Fraud Office seeks retrial of former Tesco employees
The Serious Fraud Office (SFO) has written to Southwark Crown Court seeking a retrial of former Tesco bosses Carl Rogberg, Christopher Bush and John Scouler, over an alleged £326m fraud scandal. The three former senior management figures in the Tesco UK business all face charges of abuse of position and…
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Feb- 2018 -27 February
High street banks urged to continue taking in old £10 notes to ‘save’ retailers
Retailers are continuing to hand out old £10 notes despite them ceasing to be legal tender on 1 March 2018. However, the Bank of England has not asked shops to stop giving them as change, which could cause issues as £2bn effectively becomes unspendable. The British Retail Consortium said: “It…
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23 February
Dominic Chappell fined £87,000 over pension scheme failure
Former BHS owner Dominic Chappell has been ordered to pay a total of £87,170 in fines and court fees after he was found guilty of failing to provide pensions information to The Pensions Regulator (TPR). In January, the one-time BHS owner was found guilty of failing to provide information about…
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23 February
Dominic Chappell faces sentencing over pension investigation
The one-time BHS owner who purchased the ailing chain from Philip Green for a tiny sum before its collapse, Dominic Chappell, is expected to be sentenced in court today. He is accused of failing to provide information about the company’s pension scheme after it went into administration in 2016. Chappell…
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22 February
Tesco to reveal gender pay gap statistics
Supermarket giant Tesco is the first in the UK to reveal its gender pay gap statistics. A report made by the group showed its median gender pay gap was 8.7%, which is below the UK average median pay gap of 18.4%, according to the Office for National Statistics (ONS). According…
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22 February
ASOS teams up with High Commission in Mauritius for modern slavery event
Online fashion retailer ASOS is hosting an event with the British High Commission in Mauritius today (22 February). The event will bring together local and international stakeholders to discuss the challenges in managing labour migration and agree a common framework for improving worker protection in Mauritius and beyond. Organised as…
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14 February
Primark fined £47,000 over transgender discrimination ruling
Primark has been ordered to pay £47,433 in compensation to a former transgender employee after they were harassed and constructively dismissed. The Employment Tribunal ruled that the retailer was to compensate Alexandra de Souza E Souza, who worked at Primark’s Oxford Street west store, to cover injury to feelings, and…
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7 February
Poundland Christmas Elf campaign banned by ASA
The Advertising Standards Authority (ASA) has banned Poundland’s ‘Elf Behaving Badly’ campaign following the numerous complaints it received. The Christmas campaign was run on Poundland’s social media pages and depicted a children’s toy elf in a series of pictures that had sexual connotations. ASA said it received 85 complaints…
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2 February
MP calls for retailers to become more ‘Disability Confident’
The Minister for Disabled People, Health and Work, Sarah Newton, is encouraging more retailers to realise the benefits of employing disabled people. The government has launched a new campaign to get retailers to sign up to its Disability Confident scheme which launched in 2016. According to the latest official statistics,…
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Jan- 2018 -29 January
Fashion store East enters administration
Fashion retailer East has entered administrations, with 314 employees at risk of losing their jobs. Reports today said the brand closed 15 stores and five concessions stands in order to ‘off-load’ loss making shops. A tough trading environment, which has seen a high street footfall slump, is one of the…
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