“This is made more challenging when retailers are currently grappling with an assortment of other government-imposed costs – higher National Insurance contributions, rising business rates, higher corporation tax – at a time when sales are slowing and supply chains are experiencing significant disruption,” he added.
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Spring Statement: Borrowing figures give Rishi Sunak ‘wiggle room’
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Sir Charlie Bean, who was responsible for economic forecasts at the government’s independent forecaster, the Office for Budget Responsibility...
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COP 26: Four major carmakers fail to back zero emissions pledge
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Toyota, which put its first commercially produced electric cars on the road in 1997, said it will “provide the...
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Facebook probed by UK and EU competition watchdogs
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The watchdog said it is examining whether the company has unfairly used the data to compete with other businesses...
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Climate change: ‘We’re making wine in Norway’
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“I did an analysis of 25 of the top places in the world, growing grapes, looking at their long...
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Rishi Sunak extends furlough scheme for another month
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Furlough extension buys time as vaccine is rolled out
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Shell shocked: ‘Lobster capital’ braces for Brexit
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Some of the new requirements for live shellfish exports from 1st January 2021 include an export animal health certificate...
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Germany takes step closer to gas rationing
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In the short term, however, the challenge will be to maintain supply and demand in the German energy system....
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Mortgage rates: Six reasons why the pain isn’t as bad as it could be
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First-time buyers too are open to changing their plans. At the Treasury Committee hearing in the Commons earlier in...
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