Debenhams Group is considering the sale of Pretty Little Thing as part of a wider restructuring effort aimed at stabilising the struggling fashion retailer. Chief executive Dan Finley, who took charge last November after the…
Category:
Business
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Business
UK firms spent up to £65m on post-Brexit food export licences last year as Labour pledges to scrap scheme
UK businesses spent as much as £65 million last year on licences to export food and agricultural products to the EU – costs the government has pledged to eliminate within the next 18 months. Figures…
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I spent fourteen years in the financial services sector, navigating an industry where long hours were simply part of the landscape. Twelve-hour days felt normal, weekend work was expected, and the relentless pace was just…
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Business
Nearly £1bn wiped off UK retailers’ market value as Deutsche Bank ‘fear index’ warns of consumer squeeze
Almost £1 billion was wiped off the stock market value of Britain’s biggest retailers on Tuesday after Deutsche Bank warned that consumer confidence is sliding sharply ahead of the autumn budget. The bank’s so-called fear…
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Sir Chris Hohn, Britain’s most generous philanthropist, has slammed government cuts to overseas aid as “cruel” after donating an additional $328 million (£243 million) of his personal wealth to help fill the gap. The billionaire…
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Business
Rachel Reeves’ inheritance tax plans branded “daft” as experts warn grandparents could become “overnight tax evaders”
Chancellor Rachel Reeves has come under fire from financial advisers after reports suggested she may target tax-free family gifts in her latest inheritance tax (IHT) reforms. Wealth managers and planners have branded the proposal “daft”…
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Aldi has become the unlikely star of the US grocery sector, with Americans flocking to the German discounter in record numbers as high inflation reshapes shopping habits. Queues for new product releases – once associated…
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Food inflation has risen to its highest level in 18 months, driven by sharp increases in the cost of chocolate, butter and eggs. The British Retail Consortium (BRC) and NIQ’s Shop Price Monitor reported that…
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Almost half of MPs would support cutting electricity levies to help households switch to heat pumps, according to a new cross-party study that highlights both momentum for clean energy reform and a lack of awareness…
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Business Secretary Jonathan Reynolds is set to meet JCB chief executive Graeme Macdonald after the company raised urgent concerns about the impact of new US tariffs on British goods. Hundreds of UK-made products containing steel…