All Policy & legal articles – Page 137
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Vince Cable to unveil retail growth plan at Retail Week Live
Business secretary Vince Cable is set to give a keynote address at the Retail Week Live conference on Wednesday where he is expected to unveil the Government’s international growth plan for UK retail.
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MPs debate Government support for retail sector
MPs joined forces on Wednesday to debate crucial issues the retail sector is facing and call on Government to acknowledge the sector’s value.
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Retail like-for-likes jump 2.7% in February despite disappointing food sales
Retail like-for-likes unexpectedly jumped 2.7% in February, representing the fastest growth since December 2009.
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Horse meat: latest round of product tests reveals no further horse DNA
No horse DNA has been found in the latest round of tests on processed meat products sold in UK stores, according to the BRC.
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Asian and US tourists to drive 25% surge in West End spending by 2020
Spend in London’s West End is expected to surge 25% to £12.5bn by 2020, driven by Asian and US tourists shopping in the area.
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Consumer confidence maintains three-point gain in February
Consumer confidence held steady in February, beating analysts’ expectations and maintaining the three-point gain in January, which took it to -26.
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Retail sales expected to fall further in March amid 'bleak' outlook
Retail sales are forecast to fall 0.7% in March, dropping well below the 10-year average of 3.2% amid “bleak” prospects for the sector.
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Retailers report slowdown in sales volumes growth, says CBI
Growth in sales volumes slowed in February as supermarkets reported the biggest decrease since November 2008, according to the CBI.
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Marks & Spencer to unveil new green property lease policy
Marks & Spencer is to unveil a new property lease policy which will come with a “green clause” to facilitate better management of the environmental performance of its buildings.
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Growth stunted as retail business costs rocket £20bn in seven years
The cost of running retail businesses has soared by £20bn since 2006, driven by centrally set costs such as business rates.
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Rules on price comparison claims are relaxed by advertising bodies
Rules on price comparisons in advertising have been relaxed, allowing retailers to compare prices on a wider range of products.
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Horse meat meeting with Government 'very positive' says Asda boss Andy Clarke
Asda chief executive Andy Clarke said the meeting between Government and retailers today to tackle the horse meat scandal was “very positive”.
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Argentine government request retailers keep prices steady
Leading retailers including Carrefour, Cencosud, Walmart, Coto and La Anónima have agreed to keep prices steady for two months until April 1, following a request from the Argentine government.The International Monetary Fund recently censured Argentina for issuing inaccurate economic data. Analysts believe inflation is about 25%, more than twice the ...
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Union GMB holds protests across UK Amazon sites
Union GMB this morning staged protests outside of nine of Amazon’s UK offices, including its Slough headquarters, urging the retailer to improve working conditions for staff.
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Poundland worker wins appeal as court rules unpaid back-to-work scheme
A former Poundland worker has won her claim that the government’s back-to-work scheme which required her to work at the value retailer for free breached forced labour laws.
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Inflation grows 2.7% for fourth consecutive month
Inflation increased by 2.7% year-on-year in January for the fourth month in a row, the longest time which consumer price index growth has remained flat since records began in 1992.
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Online giant Amazon faces union wrath as demos planned for tomorrow
One of the UK’s biggest trade unions, GMB, is staging an attack on online retailer Amazon tomorrow with demonstrations planned outside of its nine distribution depots.
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Business rates hike to put creation of 14,500 jobs at risk
The creation of up to 14,500 new retail jobs is under threat if the Government implements its planned 2.6% business rates hike in April, according to estimates.
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Government develops forum to boost struggling high streets
The Government is establishing a national Future High Streets Forum, co-chaired by Alliance Boots health and beauty chief executive Alex Gourlay, to develop the work done by the Portas Pilots.
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'Midsummer murder' for retailers if Government pushes back rates revaluation
Retailers face a “midsummer murder” if the Government presses ahead with a postponement to business rates revaluation by two years.