Rachel Reeves news and analysis – Page 3
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NewsIHT reform largely protects family farms but could be better targeted: new report
A new report by the Centre for Analysis of Taxation (CenTax) has stated the reform could be better targeted to protect working farms
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NewsMore than 100 large supermarkets ‘at risk of closure’ thanks to business rates reforms
The changes will also hand an advantage to the discounters thanks to their smaller stores
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NewsPasta Evangelists to open 100 UK restaurants in five years
Pasta Evangelists will be investing over £30m in the new restaurants
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NewsIceland Foods hails ‘market leading’ performance despite reports profits have thawed
Iceland reported ‘sales growth ahead of the market’ and ‘market-leading’ volume growth, executive chairman Richard Walker claimed, despite reports of a slump in profit growth
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NewsRetail leaders in fear of tax rises as 42% say they have frozen recruitment
A BRC survey of chief financial officers and finance directors at retailers representing more than 9,000 stores found 85% had raised prices following tax increases in last year’s budget, and 65% expected to
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NewsSainsbury’s to convert another Homebase site as store expansion continues
Sainsbury’s had more prime locations open new stores in the future, said chief property and procurement director Patrick Dunne
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NewsHeron Foods sheds 250 shopworkers and warehouse staff while opening new stores
The average monthly number of sales and distribution employees at the frozen food chain fell by 256 to 5,391 in the 52 weeks to 29 March 2025, according to accounts at Companies House
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NewsOne Beyond chairman blames budget for halting chain’s expansion
One Beyond had been aiming to have 150 stores by November last year but now has 118, only three more than at the start of 2024
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NewsFood inflation hits 4% as budget cost pressures meet tightening global supplies
Food inflation has climbed from 3.7% year on year in June, with staples such as meat and tea among hardest-hit categories amid tighter global supplies, according to the latest BRC-NIQ Shop Price Monitor
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InterviewsHow NFU president Tom Bradshaw took over the baton from Minette Batters
Minette Batters has been a hard act to follow, but new NFU boss Tom Bradshaw has impressed with his steadfast battle against the family farm tax
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NewsTesco and Sainsbury’s chiefs join calls for Rachel Reeves to rethink business rates reforms
Tesco Group CEO Ken Murphy and Sainsbury’s CEO Simon Roberts said it would worsen the plight of high streets by undermining the investment from larger retailers who act as anchors for footfall
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NewsMedia Bites 21 July: John Lewis bonus, taxes, food prices and tariffs
The big news in retail this weekend was the revelation that John Lewis is considering reinstating its staff bonus scheme for the first time in four years
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Analysis & FeaturesThin on detail, can Defra’s food plan achieve anything?
Defra wants to improve diets, sustainability and resilience – but detail is lacking, along, it seems, with real support from No 10
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NewsMedia Bites 18 July: buy now pay later, hose pipe bans, Coca-Cola
Shoppers using buy now, pay later will need to pass stricter affordability checks under new rules coming unto force next July
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Comment & OpinionDoes the new Food Strategy lack real Treasury commitment?
Sources close to the process suggest a reluctance from Keir Starmer and Rachel Reeves to give the go-ahead to the investment that will be needed to back up the strategy
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NewsBRC urges government to exempt shops from business rates hike for large properties
The trade body is hoping ministers will listen to its warnings that taxing large shops more will also harm the smaller ones the plans are supposed to help
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NewsMedia Bites 16 July: Sainsbury’s, Good Food Cycle, ASA, greenwashing, B&M
The Chancellor’s Mansion House speech last night did not trigger many headlines
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NewsMedia Bites 15 July: postmasters, private pensions, June sales
Much of the media has focused on the government’s consideration of the Post Office’s ownership model
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NewsMedia Bites 14 July: tariffs, shopworkers, cybersecurity
Trump has announced a 30% tariff on imports from the EU from 1 August, and Morrisons has banned shop floor staff from stockrooms
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NewsMedia Bites 3 July: Greggs, Rachel Reeves, farming fears
Gregg’s profit warning features heavily across the nationals, as does Rachel Reeves.