Tax

Westminster calls for landlords to end Oxford Street candy shop leases

Westminster City Council is taking its campaign against US-style candy and souvenir stores further by appealing directly to freeholders and long leaseholders to oust any tawdry tenants from their buildings. Leader of Westminster City Council, Cllr Adam Hug, has written to 19 major property groups, whose properties house 26 US…

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EPR for Packaging – are you covered?

In a nutshell, extended producer responsibility (EPR) for packaging makes producers responsible for the cost of collecting, sorting and recycling household packaging. This includes the funding of council recycling collections and management of litter. The aim is to create a more circular economy, and to provide an incentive to reduce…

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EPR for Packaging – are you covered?

EPR for packaging has arrived. Businesses have already started collecting data, and the first data submissions are due by October. So, What is EPR? In a nutshell, extended producer responsibility (EPR) for packaging makes producers responsible for the cost of collecting, sorting and recycling household packaging. This includes the funding…

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What does France’s new environmental legislation mean for UK retail?

When it comes to environmental legislation, France is a pioneer. A decade ago, it became the first country to introduce extended producer responsibility (EPR) for textiles and furniture; last year, it added sports equipment, toys, and DIY and gardening equipment to the list. All retailers trading in France – large…

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Amazon workers to strike across globe this Black Friday

Amazon workers from over 30 different countries are set to strike today (25 November) on Black Friday, one of the retailer’s busiest days of the year.  The movement has been formed by the Make Amazon Pay coalition, which is co-convened by UNI Global Union and the Progressive International. The coalition…

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Boohoo warns suppliers risk further HMRC costs over polybag content

The Boohoo Group has reportedly been charged by HMRC as some of its polybags don’t have the certificate to confirm their recycled content. According to Drapers, Boohoo Group sent a letter to product suppliers on 26 August which said that this charge will be passed on to suppliers if they…

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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 the supply of goods and workers as tax cuts will not solve the challenges facing the British economy, according to The Telegraph.   The Telegraph reported that Wolfson also predicted that…

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Matalan founder returns as chairman

Matalan has announced that its founder, John Hargreaves, will return to the company as chairman, effective immediately. In this role, Hargreaves replaces Steve Johnson, the Matalan’s executive chair, who is stepping down from the board. Johnson first joined the business as non-executive chair, and he agreed to step into an…

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Matalan lenders eye up advisers amid talks over retailer’s future

Matalan lenders are reportedly eyeing up appointing advisors ahead of talks about the retailer’s future financing in the face of current economic uncertainty caused by the cost of living crisis. According to Sky News, Matalan’s senior bondholders are in talks with Perella Weinberg Partners to discuss options with them set…

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Retail Jobs Alliance demands business rates reform

An alliance of retail companies including Tesco, Sainsbury’s, Greggs and Waterstones are forging a new coalition to urge Rishi Sunak to move ahead with reforms to Britain’s decades-old business rates regime, according to Sky News. The group, which is calling itself the Retail Jobs Alliance, has written to the chancellor…

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