Jeremy Hunt

End of tax-free shopping hitting retail hard, warns Kurt Geiger CEO

Kurt Geiger’s CEO has warned that scrapping tax-free shopping for tourists is having a “massively negative effect” on retail in…

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Labour vows to overhaul business rates system

The Labour party has vowed to overhaul the current business rates system should it be victorious in the general election.…

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Retail bosses lose confidence in tax-free shopping return

Retail bosses have reportedly warned the government that the decision not to restore tax-free shopping for international tourists will have…

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‘Missed opportunity’ not ending tourist tax says NWEC chief

Dee Corsi, New West End Company (NWEC) chief executive, has called the government’s decision not to end the tourist tax…

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Today’s news in brief-2/4/24

Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility…

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Shein profits clear $2bn mark ahead of IPO

Shein has seen its profits double to over $2bn (£1.6bn) while it waits to launch its IPO in either London…

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Today’s news in brief-7/3/24

The British Retail Consortium (BRC) criticised Chancellor Jeremy Hunt’s Spring Budget, stating that it lacked initiatives to boost investment and…

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Budget will ‘do nothing to turbocharge investment’, says BRC

The British Retail Consortium (BRC) has stated that the latest Budget announcement will “do nothing to turbocharge investment and growth…

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Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…

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M&S CEO calls for business rates and apprenticeship levy reform

M&S CEO Stuart Machin has publicly called for Chancellor Jeremy Hunt to introduce reforms to business rates and the apprenticeship…

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