Rachel Reeves

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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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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HMV halts UK expansion amid rising wage costs

HMV has halted its UK expansion in anticipation of the rising wage costs due to commence next month, and will…

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M&S and John Lewis top list for highest female board representation

M&S and John Lewis are among several retailers who are leading the way for gender equality in boardrooms. According to…

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Economy unexpectedly grows by 0.1% in Q4

Britain’s economy unexpectedly grew in the final quarter of 2024, according to new figures from the Office for National Statistics,…

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UK retailers still facing ‘mountain of costs’, M&S CEO warns

M&S CEO Stuart Machin has warned that UK retailers are still facing a mountain of costs despite Rachel Reeve’s push…

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Iceland boss criticises chancellor over farmer inheritance tax

The managing director of Iceland has criticised the chancellor’s inheritance tax raid on farmers, despite the Labour-backing boss previously voicing…

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Today’s news in brief-29/1/25

Lord Wolfson, CEO of Next and Conservative peer, has leveraged his House of Lords position to propose amendments phasing in…

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Next CEO uses Lords status to lodge amendments to NI bill

The CEO of Next, Lord Wolfson, has reportedly used his position in the House of Lords to table amendments aimed…

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Today’s news in brief-15/1/25

Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the…

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