Rachel Reeves news and analysis
Rachel Reeves has been the Chancellor of the Exchequer since 2024. She is a key voice on retail tax and inflation, issues covered extensively by The Grocer in news, analysis, comment and insight.
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News
M&S boss Machin calls for EU SPS talks to be ‘sped up’
The Windsor Framework, had introducing ’a lot of cost, a lot of complexity and impacting our product range and product shelf lives’, Machin said
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News
M&S chief Stuart Machin sets out budget demands for Rachel Reeves
‘Over the last year, retail has been hit by an alphabet soup of taxes and regulations,’ said Machin
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News
Co-op Wholesale demands maximum business rate support for small shops
Guidance published by the Treasury today confirmed there would be two new lower business rates multipliers for smaller retail, hospitality and leisure properties
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News
Iceland reaches ‘major milestone’ by opening 200th Foodwarehouse store
Iceland has a long-term plan to more than double its Foodarehouse estate with the aim of reaching £5bn in total sales
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News
M&S chief Stuart Machin meets Rachel Reeves ahead of budget
The Chancellor visited M&S’s Pudsey store in her Leeds West constituency on Friday
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Comment & Opinion
Will an Inheritance Tax u-turn be too little, too late for UK’s farmers?
Almost a year after Chancellor Rachel Reeves’ controversial budget announcement on changes to Inheritance Tax relief for farming businesses, could we now be on the cusp of at least a partial u-turn?
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News
ACS demands Chancellor implement maximum business rates discount for small shops
The trade body is demanding the Chancellor goes as far as possible in her autumn budget to support convenience retailers
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News
60,000 small shops at risk without promised business rates discount
The Co-op is calling on Rachel Reeves to make full use of new powers to cut business rates for small shops in her autmn budget
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News
Consumer caution impacts September footfall
‘Low consumer confidence ahead of a potential tax-rising budget kept many shoppers away from retail locations in September,’ said BRC CEO Helen Dickinson
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Analysis & Features
Can Defra’s new team kickstart the government’s green ambitions?
Steve Reed and Daniel Zeichner are out. Emma Reynolds and Angela Eagle are in. What are their priorities, and are there grounds for optimism?
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News
Tesco CEO Ken Murphy hits out at rivals’ irrational price cuts
‘Some competitors went pretty strong at the start of the year with their statement of intent and they’ve acted on that,’ said Murphy. ‘It doesn’t feel that rational from where I’m sitting’
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News
Rachel Reeves ‘set to back down on higher business rates for large shops’
Treasury officials have reportedly said the Treasury is working to exclude retail from a proposed higher rate for larger properties from 2026.
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News
Supermarkets to pass vast majority of EPR costs on to shoppers
Figures released today by the BRC say that more than 80% of he costs of the new packaging tax are likely to be passed on to consumers
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Interviews
How Yeo Valley is diversifying from dairy and ‘democratising organic’
Yeo Valley’s Tim Mead and Rob Sexton tell all on ambitious acquisitions, diversification away from dairy and the UK’s ‘democratisation of organic’
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Analysis & Features
Food inflation: seven reasons. Plus: how bad will it get?
Many blame Trump’s tariffs, but others point the finger at ‘domestic policy’
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News
Consumer confidence on the wane ahead of autumn budget
The long-running GfK consumer confidence index fell by two points to –19 in September
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News
Brits’ confidence in economy down amid high inflation and budget fears
Half of Brits are now expecting the economy to get worse in the run-up to Christmas
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News
Business rates reforms put 400 large stores at risk of closure, BRC warns
The trade body has warned of a ‘fresh wave of closures’, with up to 100,000 jobs at risk
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News
Ordo adds Wicked and Sonic Edge electric toothbrush ranges
The launches form part of an abundance of NPD set for this month by the oral care challenger
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News
ACS urges Chancellor to reduce business rates burden to help c-stores invest
The ACS has outlined the challenges facing the convenience sector as a result of increased costs of employment and the rising burden of business rates