Government

Bottle recycling scheme to cost at least £1.8bn a year, warns BRC

The British Retail Consortium (BRC) has warned that government plans to introduce a bottle recycling scheme could cost the industry…

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Tesco becomes first retailer to cover period pant VAT

Tesco has reportedly become the first retailer to cover the cost of VAT on its period pant offering as part…

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Inflation falls for second consecutive month to 6.8%

Inflation fell for the second consecutive month in July to 6.8%, down from 7.9% in June, as the energy price…

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Tourist tax hits London spending despite rise in visitors

Despite tourist numbers continuing to recover in 2023, the spending gap has widened compared to pre-pandemic levels, according to new…

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Falling inflation may be halted as Russia pulls out of grain deal, BRC warns

The British Retail Consortium (BRC) has warned that falling inflation is likely to slow after Russia withdrew from the Black…

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UK loses 6,000 storefronts in five years

The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to…

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Government delays packaging tax by a year

The Government has revealed that new rules to ensure packaging producers pay for the cost of recycling their packaging will…

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Retail competition not responsible for high food inflation, CMA finds

A new report from the Competition and Markets Authority (CMA) has found that high food price inflation has not been…

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Marks and Spencer chief slams ‘pathetic’ Marble Arch rejection

The chief executive of Marks and Spencer has slammed the government’s decision to deny the demolition and redevelopment of its…

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UK retail sales rise 5% in June

Total retail sales in the UK were up 4.9% in June, compared with a 1% decline in June 2022, according…

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