All Policy & legal articles – Page 9
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NewsBiggest retailers face £600m tax rise as rates reform hits
Britain’s largest supermarkets and West End shops face being hit hardest by a £600m surge in property taxes next year, according to new analysis.
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NewsRetail groups give cautious welcome to increased police funding in spending review
Retailers, who have suffered soaring rates of crime, were pleased by an increase in police funding unveiled by chancellor Rachel Reeves but cautioned that the devil will be in the details.
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InterviewInterview: Currys CEO Alex Baldock on the retailer’s full-circuit comeback
Currys continues to cement itself as a leader in the UK’s electricals market, despite recent bouts of low consumer confidence, supply chain issues, economic headwinds and a Budget that was most unwelcome. As its performance improves, chief executive Alex Baldock gives a rare interview and explains why he’s not yet satisfied
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NewsOne in 10 retail jobs at risk by 2028, warns BRC
The British Retail Consortium has warned that mounting financial pressures could eliminate one in 10 retail positions across the UK by 2028.
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NewsSports Direct reported to the regulator for pricing practices
Sports Direct has been reported to the Competition and Markets Authority (CMA) following claims of “misleading” pricing by Which?.
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NewsHigh streets at serious risk without government action on crime
Representatives from High Streets UK have set out a four-point policy proposal for the government on retail crime, warning that a failure to act will only worsen the issues facing the sector.
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NewsConsumer confidence has not recovered since Brexit vote, says Barclays
Despite the dent in consumer confidence, Brits have continued to make room for discretionary spending priorities, with travel and beauty continuing to rise in recent years.
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NewsTrump’s worldwide tariffs blocked by US federal court
Global tariffs introduced by US president Donald Trump have been ruled unlawful and have been blocked by a US federal court.
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NewsAdidas customer data stolen as it becomes latest retailer to be hit by cyber attack
German sportswear giant Adidas has become the latest retailer to be hit by a cyber attack.
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NewsTrump pushes EU trade talks deadline as 50% tariff threat looms
The President of the United States Donald Trump has pushed back the deadline for EU-US tariff negotiations to July 9, having previously threatened to slap 50% mark ups on all European goods on June 1.
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NewsEU accuses Shein of being in ‘breach of law’ over fake discounting
Fake discounts, pressure selling and other practices on Shein are in breach of the law, the European Union has said.
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NewsFood inflation climbs as retailers struggle with increased costs
Food prices jumped for the fourth month in a row, as retailers are now faced with absorbing an additional £5bn in costs from last year’s controversial Budget.
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Opinion‘In wake of the M&S attack, let’s keep talking about cyber risk, resilience and solutions’
Marks & Spencer boss Stuart Machin revealed this week how much he valued the support and advice of other bosses who had also been targeted by cyber criminals. Such attacks are now all too common now, so let’s ensure the issue remains high on retail’s agenda, says Retail Week editor-in-chief Charlotte Hardie
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NewsFlurry of UK trade deals improves consumer confidence
The UK’s recent flurry of trade deals and agreements with India, the US and the EU has upped customer confidence.
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Chart of the WeekWhy the EU-UK trade deal is coming at a good time
Food, feed and drink exports from the UK to the EU have dropped by a third since 2019.
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NewsChancellor says UK is the ‘best place for investment and business’ due to new trade deals
Chancellor Rachel Reeves has said the UK is now the “best place for investment and business” because of the deals struck with the US, the EU and India.
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NewsGovernment says new EU deal will make food cheaper and add £9bn to the economy
The government today has hailed a new reset with the European Union, which it said will “slash red tape” on food products and will be a boost to the economy.
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NewsCo-op members vote to cease all trading with Israel
Members of the c-store specialist called on the retailer’s board to “demonstrate fairness and consistency with its ethical decision-making” at the AGM over the weekend.
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NewsRetailers put pressure on Reeves to bring back tax-free shopping
Several retailers and brands are urging chancellor Rachel Reeves to bring back tax-free shopping for tourists amid ongoing disruption as a result of President Trump’s tariffs.
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NewsWalmart to raise prices as cost of tariffs take hold
US giant Walmart has said it will have to raise prices from later this month as the high cost of tariffs takes effect.