Budget

NWEC calls for return to tax-free shopping as tourist spending gap widens

The New West End Company (NWEC) has called for the return of tax-free shopping as the gap between the number…

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Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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Today’s news in brief-5/2/24

Authentic Brands, the owner of Ted Baker, is reportedly exploring cost-saving options after terminating its relationship with AARC, the company…

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Jeremy Hunt to review tourist tax ahead of Budget

Chancellor Jeremy Hunt has reportedly asked the Office for Budget Responsibility to look at whether the scrapping of VAT-free shopping…

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What’s in store for retailers in 2024?

The announcement made by Chancellor Jeremy Hunt in the Autumn Budget has unveiled a series of measures aimed at bolstering…

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A Practical Guide to Storefront Renovation and Branding

In the highly competitive retail landscape, a visually appealing and inviting storefront is your first opportunity to make a lasting…

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Chancellor cuts National Insurance to 10% alongside NLW rise

Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn…

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Fortnum and Mason boss urges gov to scrap tourist tax

Fortnum and Mason boss Tom Athron has urged the government to scrap the tourist tax or risk businesses losing sales…

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Sainsbury’s, M&S and Currys call for business rates freeze

Supermarket retailers such as Sainsbury’s, M&S and Currys have urged the chancellor to freeze business rates for all retail businesses…

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October washout sees footfall drop 5.7% in October

Footfall decreased 5.7% in October as wet weather negatively impacted consumers’ willingness to visit UK highstreets, according to the latest…

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