Rachel Reeves
This coverage analyses Chancellor Rachel Reeves’ fiscal policies and their implications for the UK retail sector. Reporting focuses on tax reforms, business rates adjustments, labour cost policies, and trade measures affecting retail operations and strategy. Retail executives, finance managers, and policy specialists can use these insights to understand how government decisions shape the retail business environment and inform strategic planning.
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Oct- 2025 -27 OctoberSupermarkets
Supermarkets urge chancellor to drop new rates surtax
Nine of Britain’s biggest supermarket chains have called on chancellor Rachel Reeves to exclude large retail stores from the government’s proposed business rates surtax, warning it would add pressure to food prices. The letter, organised by the British Retail Consortium (BRC), was signed by the heads of Aldi, Asda, Iceland,…
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22 OctoberFeatures
The Cotswold Company: when success spurs a sale
When a private equity firm begins preparing to sell a company performing at its peak, it can seem counterintuitive. Yet reports that True, the private equity owner of The Cotswold Company, has appointed Arrowpoint Advisory to explore a potential sale suggest a strategic play. It’s one that reveals as much…
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21 OctoberSupermarkets
M&S chief urges chancellor to reconsider tax policy ahead of Budget
Marks and Spencer chief executive Stuart Machin has urged chancellor Rachel Reeves to “change course” on economic policy ahead of next month’s Budget, warning that persistent tax rises risk trapping the UK in a “doom loop” of weak growth. Writing in The Times, Machin described the government’s fiscal approach as…
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2 OctoberHigh Street
Reeves set to scale back business rates plans for large retailers
Chancellor Rachel Reeves is reportedly planning to scale back plans to raise business rates on big retailers after warnings it could push up food prices, according to the Financial Times. The news comes after the Treasury had planned to put properties worth more than £500,000 into the highest tax band…
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Sep- 2025 -18 SeptemberHigh Street
Next CEO warns UK economy faces ‘anaemic growth’ despite HY profit uplift
Next has revealed that its profit-before-tax rose 13.8% to £515m for the half year ended July 2025 as its CEO warned that the UK is facing “anemic growth”. It comes as the group’s revenues rose 10.3% to £3.25bn, helped by favourable weather and business gained during the M&S cyber attack…
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18 SeptemberHigh Street
Modella Capital leads race to acquire Claire’s UK arm
Modella Capital is leading the race to acquire the UK arm of Clire’s, after reportedly agreeing the outline of a deal with Ames Watson, the new US-based owner of Claire’s, Sky News has reported. The London-based investor, which bought WH Smith’s high street business earlier this year, is said to…
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16 SeptemberSupermarkets
Autumn budget could hit festive spending, warns Aldi CEO
The UK chief executive of Aldi has warned that the timing of the government’s late November budget could dampen consumer spending in the run-up to Christmas. Speaking to The Guardian, Giles Hurley said uncertainty around the measures chancellor Rachel Reeves will announce to address the fiscal gap in public finances…
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Aug- 2025 -27 AugustSupermarkets
Lidl invests £435m in warehouses network
Lidl GB has completed a major expansion of its Belvedere warehouse in London and begun work on a new site in Leeds, as part of wider plans to grow its UK store network. The discount supermarket has invested £285m in a two-stage development at Belvedere. The first phase, costing £160m,…
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11 AugustSupermarkets
Iceland links food price rises to Reeves’ budget measures
Iceland has warned that food prices will rise as suppliers pass on higher costs linked to last autumn’s budget measures, The Telegraph has reported. The supermarket said the increase in employers’ National Insurance contributions and the National Living Wage was pushing up its suppliers’ labour costs, which in turn were…
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5 AugustShopping Centres
British shoppers drive surge in EU VAT-free spending after UK scheme scrapped
British spending on VAT-free shopping in the European Union (EU) has risen more than fivefold since 2021, as consumers increasingly choose to buy luxury goods abroad rather than in UK stores, according to the Times. New figures from the Association of International Retail (AIR) show that Britons spent £742m in…
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