All The Budget articles
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NewsM&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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NewsBrits cut spending ahead of November budget
Two reports out Tuesday suggest shoppers are growing more cautious
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NewsACS 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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News60,000 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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NewsM&S calls on government for employer National Insurance relief for retail
M&S said research showed one in four young people were choosing to begin their careers in retail – more than double the number choosing any other industry
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NewsConsumer 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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NewsConsumer 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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NewsHospitality jobs losses projected to hit 111,000 by budget
UKHospitality said the lowering of the employer NICs threshold had been the most ‘damaging’ to the sector
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NewsBusiness 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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NewsAssociated British Foods shares plummet on consumer spending worries
Investors retreated from Associated British Foods this week as markets worried about a bleak consumer outlook after Primark’s sales came under pressure and the group’s grocery and sugar divisions also struggled
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NewsHospitality hit by 50% of all job losses since budget
New data shows that of the 164,641 job losses in the UK since last October, almost 89,000 have been lost in hospitality
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NewsSupermarket chiefs warn Chancellor of rising inflation if shops are hit with higher business rates
The chiefs of Aldi, Asda, JLP, Lidl, Morrisons, Sainsbury’s and Tesco are among 60 retail bosses to have signed the letter to Rachel Reeves
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NewsTwo-thirds of hospitality businesses operating at only 85% capacity
It comes as 84,000 hospitality jobs have been lost since the budget, which has added a £3.4bn annual cost on the sector
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NewsIceland slips to loss as supply chain and employment costs surge
Iceland warns of food inflation this year due to labour costs arising from last autumn’s budget
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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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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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NewsJob postings for summer hospitality work plummet 25%
UKHospitality is calling for ‘action at the budget’ as it urges the government to fix NICs and lower business rates
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NewsConsumer confidence falls as Brits save cash ahead of autumn budget
Brits are saving their cash as worries over never-ending inflation continue to haunt consumer confidence ahead of the coming autumn budget
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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