Next CEO Proposes Phased Implementation of National Insurance Changes Amid Business Concerns
In a recent development, Lord Wolfson, CEO of Next, has reportedly tabled amendments in the House of Lords to...
business costs
Ann Summers Receives £5m Cash Injection from Owners to Mitigate Losses
In a bid to mitigate its widening losses, Ann Summers has received a £5 million cash injection from its...
Post-Brexit Border Checks to Increase Consumer Bills
Lead: Post-Brexit border checks on food and plant imports are set to increase consumer bills and food inflation, adding...
Shop Price Inflation Drops to Lowest Point Since August 2022
Inflation has dropped to 5.2% in October, its lowest point since August 2022, according to British Retail Consortium data....
UK Retail Sales Show Signs of Recovery Amid Uncertainty
In a recent BRC-KPMG retail sales monitor, UK retail sales increased 2.7% on a like-for-like basis from February 2021,...
Bira Warns Retailers Amid Sales Rise: High Street Recovery Fragile
In January, UK retail sales rebounded by 1.9% as shoppers returned after the Omnicron disruption, with department stores and...
Fastest Shop Price Decline Since 2018: Non-Food Prices Hit Lowest Since 2016
In a recent report by the BRC-Nielsen Shop Price Index, shop prices have experienced their fastest decline since May...