High streets at risk of being ‘hollowed out’ without continued support – Labour
Tourist hotspots reliant on the hospitality, leisure and retail sectors are in danger of seeing their high streets “hollowed out” if (...)
Government urged to phase out furlough support
A new study by the IFS has called for a budget on March 3 which balances the need for continuing Covid-19 support and discouraging people to use it.
Russian discounter Fix Price plans London IPO
Russian discount retailer Fix Price is planning a London stock market listing, which could value the company at more than $6 billion (£4.3 billion).
Paperchase’s new owners dismissed review of pre-pack administration
Paperchase owners have reportedly chosen not to refer their acquisition to a scheme that reviews the sale of failed companies’ assets to connected parties.
Residential developments could harm high streets, lobby groups warn
The conversion of commercial property to housing could put the viability of town centres as risk, the government has been warned.
Covid-hit retailers to be given further support, business secretary says
Business Secretary Kwasi Kwarteng has announced he is working with Chancellor Rishi Sunak in an effort to provide further support to Covid-hit businesses, after calls to extend the business rates holiday.
Government working on “excessive profits tax” for online retail giants
Downing Street is said to be working on two taxes for retail and tech firms, according to The Sunday Times. Retailers that saw business boom during the pandemic may be faced with one-off tax charge.
65+ retail CEOs sign letter to PM demanding laws to better protect shopworkers
More than 65 bosses from retailers and industry bodies have written to Prime Minister Boris Johnson urging him to (...)
Government urges councils to delay issuing business rates
The government has urged England's councils not to issue business rates bills this month ahead of the new 2021/22 financial year.
“Buy Now, Pay Later” firms to be hit with FCA regulation amid growing debt...
‘Buy now, pay later’ firms like Klarna and Laybuy will now face tougher regulations by UK authorities after their usage nearly quadrupled last year.
Feature Resource
The 2021 Fraud Prevention in E-commerce Report
E-commerce risk teams are undoubtedly feeling the weight of 2020’s mass-scale disruption and its impact on consumer behaviors and digital payment fraud. This new...
