All Policy & legal articles – Page 27
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NewsTesco chair calls for action after lack of help to ease inflation in Queen’s speech
Despite promising to ease the cost of living crisis, no new measures were introduced in the Queen’s speech, after Tesco chair John Allan called for a windfall tax to ease rampant inflation.
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NewsBank of England warns on recession risk and surge in cost of living
The Bank of England has signalled the possibility of a recession later this year when inflation is likely to reach 10%.
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AnalysisResearch: 25 retailers talk property strategy and need for rates reform
The leaders of 25 UK retailers including Primark, B&M, Iceland, Frasers Group, ScS and The Original Factory Shop have spoken to Retail Week for a far-reaching report into the state of UK retail property and the need for reform.
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NewsRetailers call for business rates cut to help battle cost-of-living crunch
A coalition of leading retailers and trade bodies has launched a ‘Cut the Shops Tax’ campaign, arguing for a business rates reduction to combat inflationary pressures and protect industry jobs.
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NewsCD&R to sell 87 petrol stations to clear way for Morrisons takeover
Private equity giant Clayton, Dubilier & Rice (CD&R) is to sell almost 90 petrol station forecourts, paving the way for it to complete its £7bn takeover of Morrisons.
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Opinion‘Landsec’s new leasing strategy shows landlords are beginning to accept reality’
Landsec’s sensible new leasing options for its retail occupiers offer flexibility and a range of opportunities for partners. Is this an indication that landlords have finally accepted the reality of retail property’s situation?
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NewsGove hits pause button on M&S Marble Arch redevelopment plans
Communities secretary Michael Gove is expected to order a pause on Marks & Spencer’s plans to knock down its Marble Arch flagship so the plan can be scrutinised further.
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NewsAsda reignites ‘equal value’ row with pay offer to warehouse staff
Asda has reignited a long-running equal pay row after being accused of offering male staff a larger pay rise than female employees.
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OpinionHelen Dickinson: ‘As war and cost of living dominate headlines, doing the right thing has never been more important’
Supporting colleagues through difficult times and protecting customers from the full shock of rising costs is vital to building and retaining loyalty, says BRC chief executive Helen Dickinson.
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Future LeadersRetail Week launches programme to drive greater diversity in legal roles
Retail Week’s General Counsel Summit 2022 sees the launch of the Future Leaders programme – in partnership with Be Inspired – to help support junior lawyers from underrepresented backgrounds to fulfil their career aspirations.
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NewsM&S Marble Arch flagship demolition to be reconsidered by Mayor of London
The Mayor of London will reconsider the decision to approve Marks & Spencer’s planned demolition of its Marble Arch store following a major backlash.
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DataData: Discretionary spend to plummet £12bn amid cost-of-living crisis
Spending on non-essential items will plummet £12bn in the UK this year as consumers tighten their purse strings amid a spiralling cost-of-living crisis.
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NewsRetailers urged to tackle ‘terrible issue’ of harassment through new certification
The Retail Trust and law firm Foot Anstey have joined forces to create safer working conditions for shopfloor staff.
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AnalysisNext boss Wolfson on store resurgence, return of pre-pandemic habits and cost of living
Fashion and home giant Next has trimmed profit expectations but – to the surprise of some – delivered better than expected trading performance at its UK stores business.
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NewsMorrisons takeover could face deeper CMA probe over fuel price fears
Clayton, Dubilier & Rice’s takeover of grocery giant Morrisons has hit a snag after the Competition and Markets Authority (CMA) raised concerns over the impact the move would have on fuel prices.
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AnalysisAnalysis: Did Rishi Sunak’s statement put a spring in retail’s step?
On the day inflation hit a three-decade high, chancellor Rishi Sunak delivered a spring statement light on action but heavy on promises as the cost of living crisis continues to spiral.
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NewsInflation hits 30-year high ahead of Sunak’s spring statement
Inflation shot up again in February as fuel, energy and food costs all surged ahead of chancellor Rishi Sunak’s spring spending statement later today.
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NewsOcado sales fall following end of Covid restrictions
Ocado has attributed a decrease in revenues to a “softening market” as restrictions eased and more customers returned to offices.
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AnalysisRetail Horizon: Your exclusive strategic toolkit for the year ahead
Retail Week has relaunched its subscriber-exclusive strategic toolkit, Retail Horizon, mapping out the winning strategies for businesses in 2022 and beyond. Retail Week research director Lisa Byfield-Green explores the key macroeconomic trends that will shape the sector in the coming year
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AnalysisAnalysis: How Ukraine crisis will impact food prices, petrol and confidence
As the world watches in horror at the unfolding Russian invasion of Ukraine over the last few days, the war will only increase pressure on UK retail in an already inflationary environment.
