Sajid Javid

Tax cuts won’t solve economic crisis, says Next CEO

Simon Wolfson, the chief executive of fashion retailer Next, has claimed that inflationary pressures can only be tackled by increasing…

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HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’

HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results.…

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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’…

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Frasers Group backs BRC’s calls for government review of business taxes

Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government…

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Yes, the trade barriers are coming

I think both Leavers and Remainers probably expected this in the long run – Michael Gove announced yesterday that businesses…

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Ted Baker hanging by a thread amid £58m balance sheet black hole

If you have shares in Ted Baker, you are probably not having a good morning. The price has tanked by…

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Javid mulls three-year passenger duty holiday for Flybe

Things are not looking rosy for low-cost airline, Flybe, but the chancellor Sajid Javid may have some proposals that save…

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Retail sector could face £137m rates hike next year

September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…

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Bailiffs visit 310 premises a day over business rates, study finds

Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation…

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Retail business rates could rise by £169m over the next 12 months

Retailers could see a £169m increase in business rates next year, prompting renewed calls for the government to overhaul the…

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