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      UK workers suffer bigger tax hikes than any leading economy after Reeves’ raid

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Retail

  • Topps Tiles blames lower footfall and weak spending for sales slump

    April 3, 2024

    Topps Tiles has blamed lower footfall in stores and a slowdown in spending on big ticket items for a slide in sales in the first half of the year.

  • Shares in Superdry crash 50 per cent as Dunkerton abandons offer

    April 2, 2024

    Shares in Superdry have sunk to an all time low after founder Julian Dunkerton said he no longer plans on making an offer for the business.

  • Shares in Revolution Bars suspended after failure to post results as future in balance

    April 2, 2024

    Shares in Revolution Bars have been temporarily suspended after it failed to publish its interim results last week. 

  • Former Sainsbury’s boss Justin King backs £50m fund to invest in high end restaurants

    April 2, 2024

    A consortium of high net worth individuals, including former Sainsbury’s boss Justin King, have raised £50m to snap up businesses in the high end restaurant sector. 

  • The best and worst corporate April Fools’ Day gags

    April 2, 2024

    From Haggis ice cream to double-decker trollies, City A.M. rounds up the best and worst gags by businesses on April Fools' Day.

  • UK shop price inflation eases to lowest rate since December 2021

    April 2, 2024

    Shop price inflation eased to its lowest level since December 2021, driven by falling food costs and supermarkets remaining competitive about price. 

  • VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch

    April 1, 2024

    Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold. 

  • Mike Ashlely’s Frasers appoints daughter’s boyfriend to the board

    April 1, 2024

    Sports Direct owner Frasers Group has appointed a director to its board who is in a relationship with founder Mike Ashley’s youngest daughter. 

  • How a wine bottle made out of paper is winning over UK supermarkets

    March 31, 2024

    City A.M speaks to Malcolm Waugh, chief executive of British packaging manufacturer Frugalpac about the importance of sustainability in the wine industry

  • Boots: High street favourite boasts another quarter of growth

    March 28, 2024

    High street retailer Boots has reported another quarter of growth, helped by the demand of online and app sales. 

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