ClearBank CEO: If there’s a fire, run towards it Opinion Mark Fairless, CEO at ClearBank Group, takes us through his career, from Tesco to fintech, in today's Square Mile and Me.
Mark Kleinman: Every Lidl helps a new era of supermarket mergers Business Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Every Lidl helps a new era of supermarket mergers Every Lidl helps. For that matter, every Aldi does too. With apologies to the creators of Tesco’s famous advertising slogan, that might be the neatest way to encapsulate [...]
Retailers back on alert after new wave of cyber attacks Retail When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
Healey told to cut employment taxes and energy bills to boost business October 15, 2026 Britain’s biggest business lobby group has urged John Healey to cut employment taxes and energy bills in his first Budget, warning that further tax rises risk choking off investment and jobs. The Confederation of British Industry (CBI) called on the Chancellor to give firms “breathing space” at the Budget on 28 October, as businesses grapple [...]
Valuedynamx Extends Tesco Clubcard Points Collection To More Than 500 Retail Brands October 14, 2026 Points Partners, a new online shop powered by Valuedynamx, lets Clubcard members collect as they shop
We’ll cut Neet support if Healey hikes taxes, warns boss of B&Q owner Kingfisher October 14, 2026 The boss of B&Q-owner Kingfisher has warned John Healey that the FTSE 100 firm may have to cut its support for unemployed young people if the Chancellor hikes taxes. Thierry Garnier, the retail group’s chief executive, wrote in City AM that the Chancellor must exempt shops from the highest bracket of business rates at the [...]
Lidl snaps up market share as rival Aldi stalls October 13, 2026 Lidl is the fastest-growing grocer in the UK, new figures suggest, as the discount supermarket grabs more market share while its rivals stall. The German discounter held 8.6 per cent of the UK’s grocer market in the 12 weeks to October, according to Worldpanel by Numerator, up from 8.2 per cent a year ago. This [...]
Retailers press Healey to cut high street taxes at crunch Downing St meeting October 13, 2026 Retailers urged John Healey to “reverse the damage” of rising high street taxes as the Chancellor met industry bosses on Tuesday. Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures. Healey hosted high street bosses at Number [...]
Retail sales ‘sluggish’ as shoppers feel cautious ahead of Budget October 13, 2026 British retail sales showed “sluggish” growth last month as shoppers became increasingly cautious ahead of the Autumn Budget. Total sales at retailers increased by 1.3 per cent in the 12 months to September, compared to 2.3 per cent growth in September 2025, according to the British Retail Consortium (BRC) and Big Four giant KPMG. The [...]
Retail bosses ramp up pressure on Healey to cut ‘ridiculous’ tax burden October 11, 2026 The bosses of Marks & Spencer and John Lewis have piled further pressure on the government to slash the “ridiculous” tax burden facing high street firms. Stuart Machin, chief executive of M&S, called on Chancellor John Healey to “restore hope” within the retail industry by turning a corner from Labour’s last two budgets, which he [...]