All Policy & legal articles – Page 64
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NewsCoronavirus: Primark warns of sales hit as overseas stores shut
Value fashion giant Primark expects to take a hit on earnings after having to close overseas stores amid the coronavirus crisis and seeing a fall in like-for-likes in the UK.
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NewsCoronavirus: Grocers issue stockpiling plea and stores close worldwide
The UK’s big grocers appealed for calm over the weekend as shoppers continued to empty shelves in coronavirus stockpiling, while around the world-leading retailers closed stores en masse as the crisis bit.
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NewsCoronavirus: Morrisons to immediately pay farmers to help with virus
Morrisons has vowed to make immediate payments to smaller suppliers in a bid to help them get through any disruption caused by the coronavirus outbreak.
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Retail VoiceWhat do changes to the National Minimum Wage mean for your business?
National Minimum Wage regulation is about to undergo changes that will affect retailers. John Harding of PwC explains how to stay ahead of the curve.
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AnalysisBudget: Coronavirus dominates as chancellor breaks out cheque book
In a challenging economic climate dominated by uncertainty over coronavirus, the new chancellor took action to protect business – but business rates reforms have been delayed. Retail Economics chief executive Richard Lim examines the detail.
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NewsBudget: ‘Fundamental’ review of business rates to be completed by autumn
New chancellor Rishi Sunak has confirmed the government’s “fundamental review” of business rates will be completed in time for the autumn statement.
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NewsInterest rates slashed in emergency move ahead of budget
The Bank of England has this morning announced an emergency cut in interest rates in a bid to shore up the faltering economy hit by the gathering coronavirus outbreak.
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NewsCoronavirus: Justin King warns of supermarket labour shortages
Former Sainsbury’s chief executive Justin King has warned supermarkets to prepare for potential shortages in their workforce should the coronavirus outbreak get worse.
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AnalysisCoronavirus: As consumers stockpile, can grocery supply chains meet demand?
As the number of confirmed coronavirus cases in the UK rises daily and consumers begin to stockpile products, Retail Week looks at whether retail supply chains are robust enough to cope with increased demand.
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OpinioneBay boss Hattrell: Rates are crushing innovative spirit of small businesses
All eyes this week will be on Rishi Sunak as he steps up to present his first Budget. The timing could hardly be worse for the government as they face the twin challenge of containing coronavirus while keeping the economy moving. I suspect there will be some late nights in Downing Street this week.
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AnalysisBrexit: The negotiating mandates and what they mean for retail
The EU and the UK have published their respective negotiating mandates, which outline a framework for their upcoming negotiations on the future trading relationship. Retail Economics and law firm Squire Patton Boggs pour through the details.
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NewsRetail sales growth hampered by storms, says BRC
Retail sales in February were hampered by three named storms during the month, according to the latest BRC-KPMG retail sales monitor.
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NewsUsdaw calls on chancellor to ‘save our shops’ ahead of budget
Usdaw has added its voice to retailers in calling on the chancellor to deliver urgently needed business rates reforms to “tackle the retail sector crisis”.
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NewsCo-op boss Murrells calls for business rates reform to save small towns
The Co-op’s chief executive Steve Murrells has urged Chancellor Rishi Sunak to reform the business rates system ahead of the budget this week.
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NewsCoronavirus: Supermarkets slam health minister’s food supply claims
Supermarket sources have poured cold water on the health secretary’s claims that the government is working directly with grocers to manage food supplies in the event of a coronavirus outbreak.
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NewsBusiness leaders make fresh call for rates reform ahead of budget
Business leaders have written a letter to the new Chancellor ahead of his first budget this month calling for a number of reforms to business rates.
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AnalysisCoronavirus: From staffing to stockpiles – the major challenges facing UK retailers
As the nation and industry weigh up how to respond to the threat of coronavirus, Retail Week considers the factors that will affect retail.
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NewsConsumer confidence inches up for third month in a row
Consumer confidence rallied for a third straight month in February as wages and house prices rose, unemployment remained low and inflation stayed stable.
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NewsBRC criticises government over business rates recommendations snub
The BRC has criticised the government’s response to the Treasury Select Committee business rates inquiry, saying the recommendations appear to have “fallen on deaf ears”.
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NewsPrime minister set to axe business sector council network
A network of five business councils helmed by private sector bosses including Tesco’s Dave Lewis is set to be dismantled as the government looks to overhaul how it engages with industry leaders.