National Living Wage

Topps Tiles HY sales jump 4% to £127.7m

Topps Tiles has revealed that its group sales rose 4% to £127.7m for the 26 weeks ended 29 March 2025.…

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Today’s news in brief-1/4/25

Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance…

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Retailers face £5.6bn rise in costs as Budget comes into play

New research by Retail Economics, along with frontline specialist Yoobic, has found that retailers face a £5.56bn rise in costs…

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Spring Budget 2025: what it means for the retail industry

The UK retail sector has been navigating a volatile economic landscape, with rising operational costs, shifts in consumer spending, and…

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Campaign urges Next, M&S and JD Sports to pay real living wage

The likes of Axa and Scottish Widows are backing campaign group ShareAction in its effort to make major high street…

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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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Virgin Wines targets £100m revenues through ‘turbocharging’ growth plan

Virgin Wines has unveiled plans to “turbocharge” its growth and deliver £100m in annual revenue over the next five years…

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Today’s news in brief-20/3/25

The UK retail sector has faced significant challenges over the past five years, with a quarter of a million jobs…

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UK consumer confidence improves in March as Gen Z set to spend

UK consumer confidence improved slightly to -35 in March, up from -37 in February, the BRC has revealed.  According to…

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Quarter of a million retail jobs lost in five years, ONS finds

There are now 249,000 fewer retail jobs than there were five years ago, according to the latest data from the…

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