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Economy
Energy bills to be capped at £2,500 a year from October
Prime minister Liz Truss has announced today that energy bills for typical households will be capped at £2,500 annually for…
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Clothing & Shoes
Primark owner warns on lower profits
Primark’s owner, Associated British Foods (ABF), has warned of lower profits for the next fiscal year due to cost inflation,…
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Clothing & Shoes
Reebok appoints new CEO
Sparc Group, a full-service lifestyle brand operating company, has announced the appointment of Todd Krinsky as the new CEO of…
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People Moves
Ocado Retail names Hannah Gibson as CEO
Ocado Retail Limited has unveiled the appointment of Hannah Gibson as its new CEO, effective from 20 September. Having spent…
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Health & Beauty
Boots set to launch online marketplace in spring 2023
Boots has announced it is set to launch a new online marketplace for third-party brands into its digital offering and…
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Clothing & Shoes
St James Quarter adds Cos and Neom to offering
St James Quarter, the 1.7 million sq ft retail-led lifestyle district in Edinburgh, has announced it has signed deals to…
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Government
Retailers call for strong leadership and high street support from new PM
The retail industry has urged Liz Truss to work alongside the sector and provide “strong leadership” amid the deepening cost-of-living…
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Supermarkets
Iceland boss halts store openings amid cost-of-living crisis
Iceland has reportedly contacted No 10 directly with a plea to prepare an “immediate and radical” cost-of-living package, according to…
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Government
Zahawi draws up multi-billion pound tax cut package for businesses
Chancellor Nadhim Zahawi has reportedly drawn up plans for a multi-billion pound tax cut package to help businesses amid rising…
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Government
Truss in talks to further cut business rates amid rising costs
Liz Truss has reportedly entered discussions with industry lobbyists over plans to further cut business rates. According to The Telegraph,…
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