Chris Brook-Carter, chief executive of the retail industry charity the Retail Trust has commented on today’s today’s budget announcement given by Chancellor of the Exchequer, Rishi Sunak, welcoming the increase to the national living wage. The rate for those aged over 23 will rise to £9.50 an hour from £8.91, giving a full-time worker will […]
Budget Response from the Retail Trust Read More »
The British Independent Retailer Association (Bira) has said it is ‘pleased’ the Chancellor of the Exchequer has announced a 50% business rates discount for one year in his Autumn Statement today (Wednesday, October 27, 2021). The discount, which is worth up to £110,000 for retail and hospitality businesses, was one of several pledges made by
Bira responds to the Autumn Budget statement Read More »
Swedish homeware giant, Ikea, has taken on Topshops’ former flagship store on Oxford Street, London, paying £378 million for the iconic retail site in a transaction due to be completed in January 2022. The new London store is scheduled to open in autumn of 2023 and follows the already planned launch of a store in
Ikea to take over former Topshop flagship store in London Read More »
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