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  • Starmer’s final act will expose firms to more bogus equality claims

    Opinion

    In his final days, Keir Starmer has opened the door to employees being able to challenge pay differences between entirely different jobs if predominantly staffed by people of different races, and a tribunal determines those – entirely different jobs – to be of ‘equal value’. says Tom Harwood As Keir Starmer bows out after two [...]

    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • Mike Ashley’s Frasers muscles in on Harvey Nichols sale

    Retail

    Mike Ashley’s Frasers Group has gatecrashed the sales process for Harvey Nichols, defying the initial objections of the luxury department store’s brand partners. The fashion group, founded by billionaire Ashley, has successfully entered into the auction for the high-end retail group after demanding it be allowed to take part, City AM understands.  Harvey Nichols had [...]

    Harvey Nichols storefront featuring elegant window displays and seasonal decorations in a bustling city setting
  • FCA charges City lawyer with insider dealing over maternity brand acquisition

    Legal

    The financial watchdog has charged a City lawyer with five counts of alleged insider dealing for trading in the assets of maternity fashion brand Seraphine Group using confidential information he gained while working on the company’s acquisition. The Financial Conduct Authority (FCA) said Richard Bloomfield, 38, worked on an acquisition of the City-based maternity clothing company [...]

    The FCA said in June any scheme must keep the market afloat in order to curb rising costs for consumers.
  • It’s time to scrap the Equality Act

    June 17, 2026

    Pernicious New Labour legislation is distorting the jobs market and costing business, says Joe Dinnage It’s a golden rule of good writing to invoke George Orwell as little as possible. Chronically overused, the term ‘Orwellian’ is to newspaper columnists what ‘obviously’ is to football pundits.  Occasionally, however, rules must be broken. We at the Prosperity [...]

  • Co-Op and Next among firms launching workplace savings scheme

    June 16, 2026

    A new employer-led coalition designed to help workers build emergency savings and boost financial resilience has launched, urging employees to save regularly in order to avoid unexpected financial storms. The National Coalition for Workplace Savings was launched on Tuesday, representing firms across a range of sectors including retail, hospitality and transport, all urging employees to [...]

  • More than 80 retail bosses urge Starmer to tackle youth unemployment crisis

    June 10, 2026

    More than 80 retail bosses have called on the Prime Minister to set out urgent measures to tackle youth unemployment, warning that the “ladder of opportunity for young people is wobbling”.  The chiefs of leading retailers including Tesco, Sainsbury’s and John Lewis have called on Sir Keir Starmer to safeguard the position of retail as [...]

  • Retailers ramp up pressure on Reeves to scrap tax break for e-commerce rivals

    May 27, 2026

    Retailers have urged Rachel Reeves to “revitalise the high street” by speeding up plans to close a tax break which they say unfairly favours Chinese e-commerce rivals. High street giants like Next, M&S and Primark have urged the Chancellor to impose a £2.60 flat fee on small parcels to rebalance a system which they say [...]

  • Gen Z craze toy maker Jellycat launches legal action against Next and Hamleys

    May 26, 2026

    Jellycat, the British soft toy company that took Gen-Z by storm, has filed several legal actions in the London High Court over trademark allegations. Lawyers at Stephenson Harwood filed three separate lawsuits last week against retail giants over passing off and trademark allegations, as seen by City AM. The firm, founded by Thomas Gatacre in [...]

  • Next boss slams Labour’s zero-hour contracts crackdown

    May 26, 2026

    The boss of Next has slammed the government’s crackdown on zero-hour contracts and called on Labour to unwind its “employment taxes”. Lord Simon Wolfson, chief executive of the FTSE 100 retailer, said the government’s plans to force employers to offer guaranteed hours to those on flexible contracts will make it “much harder” for Next to [...]

  • Next faces shareholder pressure over worker pay

    May 21, 2026

    Shareholders in Next are set to put pressure on the retail giant to take action on its “reliance” on low-paid labour.  At Next’s annual general meeting on Thursday, a group of investors will call on the retailer to take further action on worker pay and adopt the “real living wage” for all employees.  But the [...]

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