Labour say manifesto stands ‘today’ as Reeves ducks VAT hike September 29, 2025 The Chancellor would not rule out fresh rises to VAT ahead of her speech to Labour Party Conference later today, when pressed on the issue by LBC’s Nick Ferrari this morning. Asked whether Brits could face increases to the retail levy, Reeves said: “You’ll know we made those commitments in our manifesto, and those commitments [...]
Violence against retail workers ‘unacceptable and untenable’ September 29, 2025 More than a quarter of retail workers say that they have experienced physically aggressive or violent behaviour in their current jobs as the UK continues to battle a years-long fight against high-street crime. More than one in five retail workers in London have to deal with an angry customer ‘every day’, according to research by [...]
Harrods’ customer details stolen in IT breach September 27, 2025 Harrods has warned some customers that their personal data may have been taken in an IT systems breach. The luxury Knightsbridge department store said information, such as names and contact details, of its e-commerce customers was taken after one of its third-party provider systems was compromised. In a statement, Harrods said: “We have been notified [...]
The growing cost of cyber attacks: Why cyber insurance matters September 26, 2025 This year, headlines have been dominated by cyber attacks against prominent business names, causing disruptions and financial losses. But many of these businesses lacked a major tool: cyber insurance coverage. Marks & Spencer dominated the news in April and May after it was hit by a cyber attack, which forced the retail giant to suspend [...]
Co-op digests £80m profit hit from cyber attack September 25, 2025 The Co-operative Group has revealed an £80m hit to half-year profit after a damaging cyber attack earlier this year. The retail and funerals specialist said that it had slumped to a loss in the first half of 2025 after being targeted by a “malicious” cyber attack. Shoppers were faced with empty shelves and issues with [...]
Adanola: Sales triple at Kendall Jenner favourite September 24, 2025 Sales at Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, have tripled in the space of just two years. The Manchester-based label has reported a turnover of £84.5m for the 12 months to 31 March, 2025, new accounts filed with Companies House show. That total is up from [...]
Moët & Chandon: Sales slump by £25m at champagne owner September 24, 2025 UK sales at the owner of champagne label Moët & Chandon slumped by £25m during its latest financial year amid “difficult trading conditions”, it has been revealed. Moët Hennessy UK has reported a turnover of £267.1m for 2024, down from the £292.7m it achieved in 2023. The business said its fall in sales was “In [...]
Amazon Fresh to close all UK stores September 23, 2025 Amazon is set to close all 19 of its Amazon Fresh stores in the UK, just four years after launching its first supermarket outlet in London. It has been revealed that the tech giant plans to convert up to five of these locations into Whole Foods Market stores, a US organic food chain it acquired [...]
Oliver Bonas: ‘Growth hard to come by’ with Reeves’ tax hikes September 23, 2025 Oliver Bonas has warned the outlook for the UK economy is “not easy” and that “growth hard to come by” because of the tax rises introduced by Chancellor Rachel Reeves in her Autumn Budget last year. The retailer added that its pre-tax profit fell during 2024 because of rising costs while it pins its hopes [...]
Shares in B&Q owner Kingfisher unexpectedly spike after sales boost September 23, 2025 Kingfisher, the parent company of B&Q and Screwfix, saw its share price rise more than 17 per cent on Tuesday morning after posting a better-than-expected sales update. The FTSE 100 firm told markets that sales improved 0.9 per cent in the six months ended 31 July, 2025, to £6.8bn, driven by a 4.4 per cent [...]