England

Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%. The…

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Today’s news in brief-25/10/24

Boohoo has countered Frasers Group’s claims of “stone-walling” regarding the latter’s push to install Mike Ashley as Boohoo’s CEO. In…

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Chancellor considers Amazon tax in bid to boost British high streets

Chancellor Rachel Reeves is reportedly mulling plans to impose higher taxes on Amazon as part of a shake up that…

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Today’s news in brief-16/10/24

Inflation in the UK has dropped to 1.7% in September, marking its lowest level in over three years, down from…

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Inflation falls to lowest rate in over three years

UK inflation fell to 1.7% in September, down from 2.2% in August, marking the lowest rate in over three years.This…

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Retailers urge chancellor to apply Retail Rates Corrector

More than 70 retail CEOs have urged chancellor Rachel Reeves to ease business rates amid warnings that a £2.7bn tax…

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Tesco to invest £4m of fruits and vegetables to 400 schools

Tesco is going to invest £4m in a new scheme that will give thousands of young people fruit and vegetables…

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UK footfall jumps 3.3% in September

UK footfall has risen by 3.3% in September, up from 0.4% in August, as shopper numbers return to increase for…

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Castore expands retail footprint with Braehead Shopping Centre store

British sportswear brand Castore has announced it is set to expand its retail portfolio with a new store at Braehead…

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Today’s news in brief-25/9/24

Asos, facing significant financial challenges, has initiated consultations to potentially cut over 200 jobs at its head office. The move…

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