All Policy & legal articles – Page 17
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Opinion‘The Lords committee believes high streets can flourish again – this is why’
The challenges faced by high streets are surmountable if change is embraced, believes Lord Moylan, chair of the House of Lords’ Built Environment Committee, as he publishes the findings of a committee inquiry on the subject
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NewsLords committee recommends looking ‘beyond retail’ for high street success
A House of Lords committee envisages that thriving high streets will be less dependent on retail in future, although shops will remain key to their success.
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NewsACS writes to chancellor to warn that smaller retailers face ‘pretty bleak picture in 2025’
The chief executive of the Association of Convenience Stores has written a letter to chancellor Rachel Reeves warning that the Budget has left many smaller retailers facing a “pretty bleak picture in 2025”.
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ArticlePets at Home boss: we must look at ‘every lever’ to mitigate budget costs
Pets at Home boss Lyssa McGowan told Retail Week that the business would have to consider “every lever” as it looks to mitigate new costs imposed on retail by the Budget.
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NewsCMA finds that supermarket loyalty schemes do offer genuine value
The Competition and Markets Authority has ruled that supermarket loyalty schemes do offer customers genuine value for money, following an investigation into claims of price manipulation.
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AnalysisWhat are shellshocked retail c-suites doing to mitigate the Budget?
As anger at the recent Budget turns to, if not quite acceptance, at least reflection, Retail Week looks at how leaders and senior teams might mitigate its effects
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NewsIncreasing shop prices herald return of inflation, BRC warns
The British Retail Consortium has warned we are beginning to see the return of inflation due to the measures announced in the Budget, as shop prices rose in October.
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Retail VoiceBlack Friday needn’t be ‘Fraud Friday’ if AI is adopted to stop crime networks
With more than £9bn expected to be spent in the UK alone over the Black Friday weekend and approximately 10% estimated to be lost to fraudsters, Gowling WLG’s John Coldham examines how new technology can help
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Opinion‘Retailers are heading into a challenging period of adjustment post-Budget’
To make the numbers work post-Budget, retailers face tough choices to balance spiralling costs with the need to invest in productivity-enhancing areas such as technology. There is some action they can take though, points out Alvarez & Marsal’s Erin Brookes
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NewsBRC urges the government to take steps to ensure a safe Christmas for retail staff
The British Retail Consortium (BRC) and members have called on the government to take necessary steps to ensure retail staff have a safe Christmas as we gear towards the peak trading period.
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NewsHMV suspends new store openings following Budget tax raid
HMV has become one of the first retailers to publicly suspend new store openings across the UK, saying the Budget has made the environment too risky to invest.
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NewsBank of England governor has warned of rising unemployment ‘risk’ following Budget
The Bank of England governor Andrew Bailey has warned there is a “risk” of unemployment increasing due to the effects of the recent Budget.
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NewsDeliveroo has called for riders to be protected from abuse in crime bill
Deliveroo is calling on the government to include its riders in the upcoming Crime and Policing Bill to protect them from abuse and violence from customers.
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Opinion‘Entire retail industry is scratching its head to find a way to make the numbers work post-Budget’
Unexpected extra costs imposed in the recent Budget have left retailers reeling in shock. They will need all their legendary resilience to leap the hurdles placed in their way by the government, warns Charlotte Hardie
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NewsRetail leaders call on government to ‘mitigate harmful effects’ of Budget
Leaders from across the sector have signed a letter calling on the government to phase in changes to national insurance contributions to ease the burden on the retail from the Budget.
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NewsLidl increases investment in British made food to £21bn
Discounter Lidl says it is “on track” to increase its investment in British food to £21bn by the end of the year, exceeding its original five-year target by 40%.
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AnalysisAre job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From “disappointing” to “clobbered”, the retail backlash to last month’s Budget has only grown with every passing day. The next question is what the sector will do in response?
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NewsBritish Retail Consortium warns Reeves of ‘inevitable’ job losses and price rises due to Budget
The British Retail Consortium has written to chancellor Rachel Reeves warning that her national insurance raid in the recent Budget will inevitably lead to job losses in the sector and an increase of prices for consumers.
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NewsPeel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
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Opinion‘Grocers’ Budget anger is understandable, but passing on the pain to consumers would be unforgivable’
The supermarkets have led an uncharacteristically brutal retail response to the recent Budget. While grocers have every right to feel aggrieved, Hugh Radojev writes, they’d do well to have a good hard think before passing costs onto their consumers