All Policy & legal articles – Page 5
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NewsDFS CEO Tim Stacey: “The burden of taxation-driven inflation is high”
DFS posted a healthy 10% uplift in its customer orders against a subdued market, but chief executive Tim Stacey signalled that the macro policy environment was constraining investment and growth potential.
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Opinion‘Retailers must continue to make noise about unsustainable cost burdens’
Government-imposed financial pressures are inflicting pain on the heart of the retail industry – its people, believes Charlotte Hardie
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AnalysisKingfisher: the factors powering its success – and warning on business rates’ impact
DIY giant Kingfisher, owner of B&Q and Screwfix in the UK, lifted its full-year profit forecast to the upper end of expectations on the back of strong interims
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NewsBRC warns government against further tax rises in autumn Budget
The British Retail Consortium has warned the government against any further tax rises on retailers in the coming autumn Budget, saying any such moves risks “losing the battle against inflation”.
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NewsVery Group transformation boss steps down to join mayoral race
Online retailer Very Group’s chief finance and transformation officer is to step down and run as a mayoral candidate.
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NewsSir Sadiq Khan begins fight to “rescue Oxford Street”
Mayor of London Sir Sadiq Khan spoke to attendees of the ‘This is Oxford Street’ event on Sunday, where traffic was banned from accessing a stretch of the road ahead of pedestrianisation plans.
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Chart of the WeekChart: Next shares its vacancy figures in warning on UK jobs market
Next sounded a warning about the UK economy alongside their results last week, pointing to rising unemployment and rising application numbers
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InterviewQ&A: Next CEO Lord Wolfson on navigating an ‘anaemic’ economic outlook
Next shares fell this morning as the retail bellwether cautioned that the UK economy is set for “anaemic” growth in the coming months.
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NewsNext posts big sales and profits rise, but sounds warning on UK job market
The fashion retailer reported group sales up by 10.3% and profit before tax up by 13.8% in the six months to July 2025 from 2024.
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OpinionWhat the 2026 business rates revaluation means for major chains
Forthcoming changes represent a structural shift for big retailers, and they need to be prepared, observes Ryan’s tax services specialist Alex Probyn
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NewsConsumer confidence drops to lowest level since spring as food inflation rises
Consumer confidence in the economy has hit its lowest level since spring as reports of growing food prices and UK economic struggles take hold.
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NewsRetail jobs hit a record low, latest official data reveals
Retail jobs are “falling by the wayside”, trade body the BRC has warned.
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NewsBusiness rates rise brings closure risk for 400 stores
Supermarkets and department stores are among shops threatened with “a wave of closures” if businsess rates changes go ahead.
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AnalysisJohn Lewis chiefs look ahead to a very merry Christmas after painful first half
First-half profits slipped at the John Lewis Partnership but, as they gear up for Christmas, bosses are optimistic that retail improvements and focus on productivity will being success and shoppers will be willing to spend in the golden quarter
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NewsGovernment hints at ‘fundamental change’ for business rates
The government has said it considers there to be a case for “fundamental change from a ‘slab’ to a ‘slice’ system” of business rates, in an interim report published today.
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NewsPrimark to ‘significantly’ raise prices in the US
Primark boss George Weston has revealed the fashion chain is “significantly” raising its prices in the US this week in response to President Donald Trump’s tariffs.
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Opinion‘New business secretary’s Body Shop background may be good news for retail’
As the next Budget looms, retailers need all the friends they can get in government, but last week’s reshuffle means they need to build new relationships, observes George MacDonald
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NewsAsos extends workers’ rights across entire supply chain
Asos has signed a new agreement with the International Transport Workers’ Federation (ITF) to extend its human rights commitments from its product supply chain through to its transport and logistics network.
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NewsShein accused of reducing UK tax by moving income to Singapore
Fast fashion giant Shein has been accused of transferring the “vast bulk of income” to its parent Singaporean company in order to reduce its tax bill in the UK.
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News‘Level playing field’ business rates plan risks backfiring
Big retailers face paying far more in business rates than their pureplay counterparts as measures designed to ensure the latter shoulder more of the burden look likely to flop.