Healey funds high street tax cuts with raid on gambling firms and online sellers Retail The government will fund tax breaks for small high street shops by hiking taxes on gambling and cracking down on online sellers, John Healey said. In his first Budget, the Chancellor said he will slash taxes on the high street by raising the threshold at which small firms start paying business rates from £12,000 to [...]
Amazon and Tiktok accused of dodging MP scrutiny over online shopping safety Tech Amazon and Tiktok have been accused of dodging parliamentary scrutiny over consumer safety, after MPs raised concerns about the tech giants’ reluctance to appear before a committee hearing next week. Liam Byrne, chair of the Business, Innovation, Science and Trade (BIST) Committee, wrote to senior executives at both companies on Tuesday, warning that their unwillingness [...]
Warehouse tax ‘dropped over fears of Trump trade war’ Hospitality Andy Burnham’s plans for a so-called ‘warehouse tax’ were dropped over fears a raid on US firms like Amazon could spark a trade war with Donald Trump, a top industry body has claimed. The Prime Minister, during his campaign to become Makerfield MP, pledged to hike business rates on “out of town” warehouses to fund [...]
Amazon pledges 30,000 jobs for Neets ahead of Budget October 21, 2026 Amazon has pledged to create 30,000 entry-level roles for young people by the end of the decade, in the latest sign of firms rowing in behind the government’s effort to tackle the youth unemployment crisis. The tech and retail giant has announced its “Youth Promise” programme amid growing concerns about youth joblessness and the number [...]
Healey plans £1bn e-commerce crackdown to fund retail tax breaks October 14, 2026 John Healey is preparing to announce a £1bn tax crackdown on online marketplaces like Amazon and Temu to fund tax cuts for high street shops. At the Budget later this month, the Chancellor is expected to make e-commerce platforms like Amazon, Ebay and Temu responsible for collecting tax owed by the sellers using their site, [...]
Amazon job cuts hit hundreds as tech giant denies AI link October 8, 2026 Amazon’s latest round of job cuts will affect hundreds of employees worldwide, City AM understands, as the tech giant continues to restructure its business following nearly 30,000 redundancies. The company confirmed on Wednesday that it was reducing headcount across its Stores division, which oversees its core online retail operations, with employees in the UK, US [...]
Tesco and Boots lead 100,000 jobs pledge to tackle Neets crisis September 8, 2026 Tesco, Boots and dozens of other retailers have pledged to create 100,000 new jobs in a bid to tackle the youth unemployment crisis, which they say is trapping young people in a “doom loop”. A group of top high street firms – which also includes Asda, John Lewis and Marks & Spencer – have joined [...]
Former Interpath Advisory chair takes helm at sustainability consultancy after chief executive exit September 1, 2026 Interpath Advisory’s former chair will lead the City-headquartered, sustainability-focused consultancy Anthesis Group as its new chair, as its chief executive steps down. Tamara Box, previously City law firm Reed Smith‘s managing partner for Europe and the Middle East, is set to take on the new chair of Anthesis Group’s board of directors this week after [...]
Mark Kleinman: Frasers’ touchiness shows importance of Harvey Nicks swoop for Ashley August 21, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Touched a raw nerve? Michael Murray, the chief executive of Frasers Group, was forthright in comments to City AM last month when it was put to him that some luxury brands had expressed concerns about Harvey Nichols [...]
Amazon says it buys books in bulk to ‘improve products’ August 20, 2026 Amazon has said it buys books through commercial channels to develop its products after an investigation traced a bulk order of rare books to a facility where workers reportedly destroy and scan physical copies. “Amazon purchases books through commercial channels to help develop and improve the products and services our customers use,” an Amazon spokesperson [...]