All Policy & legal articles – Page 30
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Analysis
The Big Question: Will tighter regulation spell the end for buy now, pay later?
With the Financial Conduct Authority’s crackdown on buy now, pay later companies beginning earlier this week, Retail Week asks experts if regulation will destroy this rapidly growing sector.
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News
Sainsbury’s short-selling rises despite GameStop phenomenon
There has been an uptick in shorting of grocer Sainsbury’s and shopping centre operator Hammerson’s shares in the past week, despite the targeting of hedge funds in the US by private investors organising on Reddit.
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News
Central London economy battered by lack of tourists, says Khan
Research published by Sadiq Khan has revealed the Central London economy has been hit hard by a lack of tourism during the Covid-19 pandemic.
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Opinion
Alex Baldock: ‘Raise rates for warehouses to save the high street’
We’re now only weeks away from the end of the government’s business rates holiday. I’m sure many of us are grateful for a decisive and vital measure that, for some retailers, has made the difference between surviving the pandemic and not.
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News
Work with us on post-pandemic roadmap, businesses urge government
The Confederation of British Industry (CBI) has called on the government to work with businesses on a roadmap out of lockdown to reopen the economy.
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Opinion
The Secret Retailer: ‘The government is fiddling while Rome burns’
As retail is left to wonder how the route out of the coronavirus crisis will look, it feels like there is some government fiddling while Rome is burning going on.
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News
BRC urges government action as store vacancies soar
The British Retail Consortium (BRC) has urged the government to extend the business rates holiday beyond April to avoid more high street damage after vacancy rates soared at the end of 2020.
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News
Waterstones boss warns store closures loom without further rates relief
Waterstones boss James Daunt has warned that without either an extension to the business rates holiday or other reforms before April, he could be forced to close stores.
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News
Sir Brian Leveson: ‘Boohoo brands need a shared clear vision’
Sir Brian Leveson’s first report to the Boohoo board has praised the group’s actions so far to reform its supply chain but said there is still “a long way to go”.
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Analysis
The Big Question: Are grocers doing enough to enforce Covid safety rules?
With the mutant variant of Covid-19 running rampant through the UK and the government questioning the role of supermarkets in the spread of the virus, industry experts offer their view on whether grocers are doing enough to enforce guidelines.
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News
Big four grocers ban customers who refuse to wear face masks
All of the big four grocers have now commited to banning customers who refuse to wear face masks in their stores without medical exemptions.
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News
Covid-19: How retailers are stepping up to aid the vaccination effort
As the prime minister hinges the relaxation of the latest lockdown on the most vulnerable in society receiving a vaccine, what efforts are retailers making to hasten the process?
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News
December footfall plunges as retailers plead for more government support
Retailers have renewed calls for the government to provide the sector with greater financial support after footfall plunged during December.
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News
Debenhams closes Irish online business as retailers face new Brexit tariffs
Department store chain Debenhams has been forced to close its digital Irish business to avoid tariffs now required under the Brexit deal.
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Analysis
Brexit: What Boris Johnson’s Christmas Eve deal means for retail
While it came down to the wire, Boris Johnson and his team did manage to deliver a Brexit deal. Retail Week goes behind the sloganeering to see what has changed for retail and what that will mean going forward
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Opinion
‘Act now and act decisively, chancellor – our high streets depend on it’
“The end is in sight,” Rishi Sunak declared this morning as he set out a new package of measures to support businesses through the latest painful phase of the coronavirus crisis – a third national lockdown.
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News
Chancellor offers non-essential retailers grants for closed stores
Chancellor Rishi Sunak has announced new support measures, including grants of up to £9,000 per closed store to non-essential retailers, following the announcement of a third national lockdown.
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News
All non-essential retail to close in England and Scotland as lockdowns return
Retailers classed as ‘non-essential’ will have to close their stores across England as the country enters its third national lockdown to stem the spread of coronavirus.
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News
eBay £7bn advertising deal faces CMA probe
Online marketplace eBay is facing an investigation by the UK markets watchdog over the proposed £7bn sale of its advertising arm to a Norwegian firm.
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News
Former Tesco boss Dave Lewis knighted in new year’s honours
Former Tesco chief executive Dave Lewis will be knighted in the Queen’s new year’s honours, while supermarket chiefs and workers are among those recognised for efforts during the coronavirus pandemic.