Luxury retailers and fashion houses are renewing calls for the reintroduction of tax-free shopping for international tourists as transatlantic trade faces increased pressure from US tariffs. Leading UK trade bodies
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Slot machine firms are increasingly targeting some of the UK’s most economically deprived areas, channelling profits to billionaire-owned corporations overseas and Wall Street funds, a recent investigation has revealed. Over
Marks & Spencer (M&S) and the Co-op continue to face repercussions from major cyberattacks, leaving their supply chains strained and small businesses struggling to cope. The impact of these breaches
BT is set to establish an independent international division as part of its broader shift to prioritise its UK-focused operations. The move, which will impact more than 8,000 employees, aims
Business investment in the United Kingdom has surged at the fastest pace in two years, defying earlier concerns that increased payroll taxes would dampen private sector expenditure. Data from the
The UK government plans to intervene to block Thames Water’s executives from receiving substantial bonuses tied to a £3 billion emergency loan, according to informed sources. The decision arises as
The UK government is set to introduce a 15% cap on foreign state ownership of British newspapers, potentially ending a protracted two-year uncertainty over the ownership of The Daily and
Stefan Bomhard, Chief Executive of Imperial Brands, has announced his decision to retire in a move that has unsettled investors and resulted in a significant drop in the company’s share
Compass Group, the FTSE 100 contract catering giant, has reported a rise in profits for the first half of the financial year, citing strong revenue growth and a surge in
The popular second-hand marketplace Vinted has recorded a remarkable financial performance, tripling its profits to €95.4 million (£80.3 million) in 2024. This growth, up from €33.4 million the previous year,
Marston’s, the Wolverhampton-based pub chain, has announced a return to profit in the first half of its financial year. The company reported pre-tax profits of £19.5 million for the 26
The UK government’s proposed immigration reforms have sparked warnings from leading business organisations, who argue the changes could harm the economy if not accompanied by a significant overhaul of skills
Burberry is gearing up to report its latest financial updates, with investors holding cautious optimism after a better-than-expected performance over Christmas. The British luxury brand, known for its iconic trench
Warner Bros Discovery, the media powerhouse behind notable releases like A Minecraft Movie and hit TV series The Last of Us, has reported a challenging first quarter. The company posted
The UK construction sector is facing another challenging period as new data reveals that activity contracted for the fourth consecutive month in April. Despite a brief bounce-back at the end
The serviced office provider IWG has reported record sales for March, reaffirming its resilience amidst a backdrop of global economic volatility. The company, which operates under brands such as Regus