Rishi Sunak
This coverage explores Rishi Sunak’s policies and initiatives that affect the UK retail sector, with a focus on taxation, government support schemes, regulatory reforms, and economic measures. Reporting assesses how Sunak’s decisions influence consumer confidence, business investment, and supply chain dynamics, offering insight for retail executives, financial managers, and industry professionals responding to policy shifts and economic strategy under his government.
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Mar- 2020 -11 MarchEconomy
Bank of England cuts interest rates to help combat coronavirus impact
The Bank of England has cut UK interest rates back down to the lowest level in history to help mitigate the impact of the coronavirus outbreak on the economy. The governor of the Bank of England, Mark Carney, announced the 50 basis point (0.5 percentage point) reduction, from 0.75% to…
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2 MarchAdvice
Entrepreneurs relief may be scrapped by Sunak
The new chancellor, Rishi Sunak, may scrap entrepreneur’s relief to raise £3bn a year as a means to bring in some extra dosh for the Treasury. Sunak will undoubtedly be looking for ways to raise extra revenue given the government’s infrastructure spending plans as it seeks to make a visible…
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Feb- 2020 -14 FebruaryAnalysis
German stagnation, Javid out, RBS gets environmental, Norton no-show
The German economy has stagnated due to significant falls in spending and exports. New figures show that GDP ‘flat lined’ (financial jargon for neither growing nor contracting) in the final quarter of 2019, bad news since economists and analysts had hoped that it would grow about 0.1%. It means Germany’s…
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Jun- 2019 -13 JuneGovernment
Businesses rates to better reflect property value under new law
Business rates payers in England will have bills that more accurately reflect current property values under new legislation introduced by ministers yesterday (12 June 2019). Property revaluations will increase to every three years, from the current five years, and the next revaluation will be brought forward a year from 2022…
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