Budget

UK consumer confidence falters ahead of budget

UK consumer confidence has dropped to -21 in October, according to GfK’s long-running index. The survey revealed that out of…

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M&S boss calls tax rises ‘the easy way out’ ahead of budget

M&S CEO Stuart Machin has accused chancellor Rachel Reeves of “taking the easy way out” amid reports she is considering…

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Sainsbury’s chief calls for Budget action on consumer confidence

Sainsbury’s boss Simon Roberts has called on the government to introduce measures to improve consumer confidence in the Budget this…

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Budget will ‘do nothing to turbocharge investment’, says BRC

The British Retail Consortium (BRC) has stated that the latest Budget announcement will “do nothing to turbocharge investment and growth…

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Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…

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Tourist tax unlikely to be scrapped in Spring Budget

Tourist tax is unlikely to be overturned in the Spring Budget despite recent campaigning from UK retailers, The Times has…

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Zara owner expands budget brand Lefties in bid to rival Shein

Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast…

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Jeremy Hunt to review tourist tax ahead of Budget

Chancellor Jeremy Hunt has reportedly asked the Office for Budget Responsibility to look at whether the scrapping of VAT-free shopping…

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Retailers welcome budget but ‘missed opportunity’ for rates reform

Retail has welcomed the support for households in the face of the cost of living crisis in the chancellor’s Spring…

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Spring Budget: Corporation tax to rise to 25%

Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part of a…

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