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Supermarkets
Asda unveils £80m investment into retail pay
Asda has announced an £80m investment in retail pay to increase hourly rates for store-based colleagues to £12.60 from October.…
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Economy
Chancellor resists calls for business relief in Spring Statement
Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part…
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Economy
Inflation ‘unexpectedly’ falls to 2.8% in February
Inflation unexpectedly fell to 2.8% in February in much welcome news for the chancellor ahead of the Spring Statement later…
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Supermarkets
Co-op launches Aldi price match pledge on over 100 products
Co-op has announced it is launching its biggest ever value campaign tomorrow (26 March), matching Aldi prices on over 100…
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DIY
The Range opens new superstore concept in Ruislip
UK home, leisure and garden retailer, The Range, has opened a new superstore in Ruislip featuring its first ‘Kitchens by…
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Economy
London’s store closures return to pre-pandemic levels for first time
Five stores closed each day in Greater London in 2024, with four new stores opening, according to the latest data…
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Economy
BoE holds interest rates at 4.5%
The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…
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Clothing & Shoes
Office sees profits top £100m amid improved trading and new stores
Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions…
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News
Skills crisis to cost UK retail £23.3bn, study finds
The UK retail sector is grappling with another “severe skills crisis”, with businesses losing an estimated £23.3bn due to inefficiencies…
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Economy
UK GDP unexpectedly falls 0.1% in Jan
The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…
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