Breaking News Headlines from Financial News
WEBThe UK economy is expected to grow by 1.1% in 2024, according to a new report. Raising its UK forecast from just 0.4% in May, the Organisation for Economic Cooperation and Development (OECD ...
Impact of Tourist Tax on West End Retailers - Financial News
WEBSep 16, 2024 · The loss of tax-free shopping for tourists in the UK cost West End retailers £220m in unrealised sales in the first half of this year and £400m in 2023, ...
TDR Capital Acquires Majority Stake in Asda from Zuber Issa
WEBJun 7, 2024 · TDR Capital has emerged as the primary shareholder, intensifying its influence in Asda’s future strategic direction. The transaction results in TDR Capital holding 67.5% of Asda, with Mohsin ...
Retailers Brace for Substantial Costs from Upcoming Recycling …
WEBAug 21, 2023 · The British Retail Consortium (BRC) has projected annual costs of at least £1.8 billion. This figure significantly exceeds the government’s 2019 estimation of £171 million, largely due to the ...
Up to Date Energy News from Financial News
WEBFeb 23, 2024 · Energy price cap cut by £20 a month. By Scott Dylan 23/02/2024. UK households will see their annual bill for gas and electricity fall by £238 a year from April. Energy regulator Ofgem announced ...
The Latest Economical News from Financial News
WEBBy Scott Dylan 25/09/2024. The UK economy is expected to grow by 1.1% in 2024, according to a new report. Raising its UK forecast from just 0.4% in May, the….
‘Biggest tax rise in 50 years’ after freeze in personal tax thresholds
WEBOct 9, 2023 · The UK government’s six-year freeze to Income Tax and National Insurance thresholds is set to raise £40bn a year by 2028, making it the country’s biggest tax rise on incomes in at least 50 ...
Breaking Retail Industry Stories from Financial News
WEBMar 22, 2024 · Retail sales bounced back in January. There was a 3.4% increase in the volume of goods bought by UK consumers in January 2024, following a record fall of 3.3% in December 2023.….
Browsing: Banking And Finance - Financial News
WEBBy Scott Dylan 20/06/2024. UK-based banking group NatWest Group has entered into an agreement to acquire the banking business of supermarket group Sainsbury’s. The deal includes approximately £ ...
Regulator approves new UK oil and gas field - Financial News
WEBSep 27, 2023 · The UK’s largest untapped oil and gas field has been given the go-ahead by the oil and gas regulator. The North Sea Transition Authority (NSTA) said that it gave consent for the Rosebank field ...