The Chancellor has said that the business rates holiday will be extended until the end of June for hard-hit retail, hospitality and leisure firms before shifting to a two-thirds discount for the rest of the year.
The contactless payment limit is to more than double to £100. The changes, being set out in Wednesday’s Budget, will see the legal single contactless payment limit raised from £45 to £100.
Patrick van der Linden is the Chief Operating Officer and Chief Digital Officer of leading French young fashion retailer Pimkie. Patrick has been at the forefront of driving Pimkie’s “customer obsessed” strategy, which puts feedback from the customer as its centre.
Rishi Sunak will extend the furlough scheme until the end of September and pledge to do “whatever it takes” to help people and businesses through the coronavirus crisis when he unveils his Budget.
Our aim is to capture the mood of the UK Retail industry as we go through continued change. We are interested in your priorities, your concerns, and how you are changing to better serve your customers and thrive in the next normal.
The CEO of online marketplace Notonthehighstreet has warned any Budget move to impose an online sales tax would be a “mistake” and penalise small firms already battered by the pandemic.
Non-essential retailers, pubs, restaurants and other businesses hit hardest by the coronavirus pandemic will be boosted by a £5bn grant scheme to help them reopen as the lockdown is eased.
We are joined by Jace Tyrrell, who will play a pivotal role in the renaissance of the West End. We talk VAT, business rates, Crossrail and just who or what might fill those empty spaces on Oxford Street.
UK retail sales plunged in the year to February after non-essential stores shut their doors, while retailer expectations for the next month have fallen to their lowest on record, according to new figures.
Frasers Group has said it could take a hit in excess of £100 million due to the Covid-19 restrictions on non-essential retailers reopening stores lasting until 12 April.
UK retail sales plunged in January as vast swathes of high street stores kept their doors shut in the latest national lockdown, according to new figures.
Business rates for retailers on the high street should be cut by 35% with the commercial property tax increased for online rival warehouses instead, according to Next CEO Lord Simon Wolfson.
Retail experts have warned that recent job losses will be the “tip of the iceberg” without further support from the Treasury, as new figures reveal about 850 jobs have been lost from the sector each working day since the start of the year.
UK inflation increased last month on the back of higher food prices and more expensive household goods, according to official figures, however prices for clothing and footwear were down due to widespread discounting.
In this episode we speak to the Global Retail Director, and Liverpool Store Manager at British-based, ethical beauty retailer LUSH.
Experts have said that the 9.9% slowdown in the UK economy last year is likely to be the worst among major economies in 2020, but are still hopeful of a bounceback this spring.
Ted Baker has revealed a hit of up to £5m from Brexit as tumbling festive sales also laid bare the toll taken by the pandemic.
Lockdown measures have cost non-food retailers around £22 billion in lost sales since the start of the pandemic, according to new figures.
Footwear retailer Dune has launched a major restructuring deal to secure lower rents after Covid-19 lockdowns had a “severe” impact on its finances.
We take a deep dive into the world of Marketing Science with Kevin McSpadden, founder and CEO of More2. Kevin works with retailers at board level to get them focused on the right measures and actions that will ensure their future success.