Mothercare shares dive as firm warns future in ‘significant doubt’ Retail Shares in retailer Mothercare plunged by 10 per cent on Tuesday after the group cast “significant doubt” over its future on Tuesday. In a trading update it said it had breached an emergency loan agreement leaving the firm on the hook for millions of pounds. The AIM-listed company was set to repay an £8m loan [...]
Business leaders fear more tax rises are on the way Business Businesses leaders are bracing for more tax rises even following another hefty cash raid from Rachel Reeves in her second Autumn Budget. Over two thirds of top bosses have said they fear business leaders will be targeted with more tax hikes even after the Chancellor raised taxes to the tune of £26bn on Wednesday. A [...]
ONS: We know we need to do more to improve our data Opinion After calculation errors thwarted the publication of price indices in the spring, the ONS's James Benford explains how the institute has improved its dataset.
Shop prices fall again but ‘inflation is coming’ April 1, 2025 Shop prices fell again in March but a retail body has warned higher business taxes mean inflation is on the horizon. Retail prices have been in deflation since August 2024, primarily driven by deep discounting by non-food retailers. Shop price deflation was 0.4 per cent year on year in March, against a decline of 0.7 [...]
Stressed staff cost UK professional services firms more than £4m a year March 19, 2025 Nearly half of the professional service workforce is stressed, causing significant financial impacts on businesses
Most retailers will hike prices in response to Reeves’ NI Budget raid January 15, 2025 Two thirds of CFOs have said their business will be forced to raise prices as a result of higher wage bills, according to a new survey. Around 70 per cent of respondents to the survey, which looked at the attitudes of CFOs at 52 retailers, were “pessimistic” or “very pessimistic” about trading conditions over the [...]