Rachel Reeves
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May- 2025 -19 MayEconomy
Retailers urge Reeves to reinstate VAT-free shopping
Retailers are urging chancellor Rachel Reeves to reinstate tax-free shopping for tourists as US escalating tariffs continue to cause disrupture,…
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15 MayNews-In-Brief
Today’s news in brief-15/5/25
B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years…
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15 MayEconomy
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between…
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9 MayFeatures
Why is Rachel Reeves reviewing the Low Value Import Scheme?
The global economy is currently experiencing turbulent times as a result of Donald Trump’s trade war. Currys CEO Alex Baldock,…
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Apr- 2025 -24 AprilNews-In-Brief
Today’s news in brief-24/4/25
Chancellor Rachel Reeves is reviewing the Low Value Import scheme, which allows goods under £135 to enter the UK tariff-free,…
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24 AprilGovernment
Chancellor mulls ending tariff-free import scheme to combat Chinese dumping
Chancellor Rachel Reeves is considering ending the Low Value Import scheme, which currently allows online retailers to bring goods worth…
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9 April
Today’s news in brief-9/4/25
Boots UK reported a 1.6% sales increase in Q2, with comparable retail sales up 5.1% year-on-year across all categories. Pharmacy…
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9 AprilGovernment
Chancellor rejects calls for ‘Buy British’ campaign
Chancellor Rachel Reeves has rejected calls for a “Buy British” campaign in the face of tariffs from president Donald Trump,…
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1 AprilNews-In-Brief
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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1 AprilEconomy
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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