Fortnum & Mason to ‘limit price rises’ as it battles surging costs Retail Iconic London store Fortnum & Mason has vowed to limit increasing prices in the wake of tax rises by the Labour government. The retailer, which can trace its roots back to 1707, has said the outlook for its operating costs in 2025 “remains challenging”. The company pointed to inflation, labour costs, tax increases, raw materials, [...]
Scrap tourist tax before it’s too late, Fortnum & Mason boss warns RETAIL The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.