Budget

Beales to shutter last remaining store amid budget changes

Beales, one of Britain’s oldest department stores, will shutter its last remaining store after more than 140 years of trading…

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Halfords upgrades FY25 guidance but braces for £23m budget hit

Halfords has upgraded its profit before tax guidance to between £32m and £37m for FY25, thanks to recent trading and…

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Pets at Home CEO warns Budget will effect part-time workers and women

Pets at Home CEO Lyssa McGowan has warned that the changes to National Insurance in the Budget will negatively impact…

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Morrisons CEO urges gov to rethink budget costs

Morrisons’ CEO has called on the government to stagger its “avalanche” of business costs following the latest budget.Speaking to The…

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UK consumer confidence rises post-budget

UK consumer confidence increased three points to -18 in November, according to GfK’s long-running index. The survey revealed that all…

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BRC warns chancellor Budget could cause inflation and job losses

The British Retail Consortium (BRC) has warned that the latest budget could cause inflation and job losses, in a draft…

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Tesco to face £1bn increase to NI bill following Labour’s Budget

Tesco is expecting to see an increase of £1bn in its national insurance bill over the next four years following…

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Retail sales see weak growth in October amid pre-budget uncertainty

Total retail sales in the UK nudged up by only 0.6% in October, compared with a growth of 2.6% in…

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Budget reaction: Retail warns that higher costs will hamper investment

The retail industry has warned that increased costs following the Autumn Budget may hit businesses hard, with retailers facing higher…

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Budget: Increases to employers’ NI and minimum wage

The chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn…

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