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  • HMV suspends plans for new shops as Budget hikes costs

    Retail

    HMV has suspended plans to open more new stores next year, blaming the decision on the government’s tax-raising Budget. The company planned to open multiple shops in the UK in 2025, but HMV’s owner Doug Putman told The Telegraph yesterday that this proposal was now on hold following the Budget. Confirming the decision, Putman told [...]

    Owner of hmv, Doug Putman ahead of the official launch event of the hmv Vault in Birmingham - Europe’s biggest (Fabio De Paola/PA Wire)

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