HMRC

Chancellor resists calls for business relief in Spring Statement

Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part…

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Select Fashion nears collapse, 35 stores to close

Select Fashion is reportedly on the verge of collapse, with 35 stores set to close if it falls into liquidation.…

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Today’s news in brief-3/12/24

Boohoo has repaid £50m of its £97m term loan following a £39.3m oversubscribed fundraising effort. The move aligns with its…

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Mike Ashley ‘met by stone wall’ in HMRC data dispute

Sports Direct boss Mike Ashley has launched legal action against HMRC, saying that the government body made “extensive” breaches of…

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THG looks to demerge Ingenuity arm

THG has announced that it is “actively undertaking” work that could lead to the demerger of its technology arm, THG…

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Today’s news in brief-3/6/24

Shein is reportedly preparing for a landmark London flotation valued at £50bn, marking the city’s most significant public float in…

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Frasers appoints ex-FRC CEO as NED

Frasers Group has announced the appointment of Sir Jon Thompson, former CEO of Financial Reporting Council, as non-executive director. His…

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Matchesfashion creditors owed £36m following collapse

Burberry, Gucci and Prada are among the creditors owed £36m following the collapse of Matchesfashion last month, the FT has…

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What are the effects of VAT taxes on the tourism industry?

The term “tourism tax” has recently been used to refer to taxes imposed on goods and services supplied to international…

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Frasers appoints four new directors

Frasers Group has announced the appointment of four new directors to its board. David Al-Mudallal, chief operating officer at Frasers…

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