vat

Retail Reflections: A gift-giving ritual; finding solace in festive sales

Alan Monahan writes: When it comes to Christmas, grandads are apparently bottom of the country’s shopping lists. Indeed, people buy more gifts for their pets! But had Barclays interviewed me for their survey which yielded this information I would have told them that I must be the exception. I find my wife’s festive generosity positively

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Retail news round-up: Call for two-tier VAT system; looking for value; squeeze on non-essentials

As an incentive for people to shop in person and for online retailers to lease physical stores, international property firm Colliers International suggests that the government should create a two-tiered VAT system where shoppers would be charged 15% for purchases in stores and 22.5% for online transactions. Meanwhie, Tesco chief executive David Lewis has again

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