Office

Today’s news in brief-26/3/25

John Lewis is close to securing approval for its housing project in Reading, transforming a former customer collection facility into…

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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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Inflation ‘unexpectedly’ falls to 2.8% in February

Inflation unexpectedly fell to 2.8% in February in much welcome news for the chancellor ahead of the Spring Statement later…

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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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Stricter knife sale laws: Problem solver or business burden?

Stricter rules for online retailers selling knives are set to be introduced by the government, along with tougher penalties for…

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Office sees profits top £100m amid improved trading and new stores

Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions…

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Today’s news in brief-14/3/25

Shein, the fast-fashion giant, has confirmed its plans to go public, targeting a listing on the London Stock Exchange. Executive…

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UK GDP unexpectedly falls 0.1% in Jan

The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…

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UK retail footfall rebounds with high streets leading the way

Retail footfall rose by 1.8% overall for the week ended 7 March 2025 compared with the week before, driven by…

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WHSmith’s high street exit: what it means for the retail industry

After more than 230 years as a staple of British high streets, WHSmith is considering selling off its entire high…

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