Love it or loathe it, VAT free shopping only makes our tax system even more unwieldy March 7, 2023 If you want to give luxury stores a leg up at the expense of local businesses and create an even more complicated tax system - VAT free shopping is for you, writes Ben Ramanauskas.
Russian invasion to nearly halve size of Ukraine economy April 11, 2022 Russia’s brutal invasion of Ukraine is set to deal the country a seismic economic shock alongside triggering a humanitarian crisis, reveals official forecasts published today. The Ukrainian economy will shrink to nearly half the size it was last year as a result of the Kremlin’s war, with GDP dropping just over 45 per cent, according [...]
Crypto comes to the Commons September 8, 2022 "There is no inevitability that blockchain adoption would see us all roll away to hell in a crypto-crashed handcart," argues Lord Holmes.
Ocado losses swell as shoppers add less items to their baskets amid cost of living crunch July 21, 2022 Ocado has posted swelling losses after shoppers have added less items to their shopping baskets following the cost of living crunch and easing of lockdown restrictions. Losses widened to £211m, from £27.9m the year prior, for the six month period to 29 May, as customers tightened their purse strings as inflation surged past new 40-year [...]
Like it or not, buy now pay later will cleave customers away from credit companies February 24, 2022 For some, buy now, pay later has become a dirty term. Instead of looking at the positives the industry is bringing, not only to consumers, but the wider economy, buy now, pay later schemes have been branded a new version of “wonga” loans, by some or even used as an insult to throw around amongst [...]
Yü Group anticipates sharp rise in revenues as it prepares smart meter rollout July 19, 2022 Yü Group has posted a bullish trading update, with the challenger supplier expecting a 90 per cent boost to half-year revenues.
Exclusive: The pandemic sped up the pace of change in retail, says Manhattan’s CEO October 11, 2022 Ever since Covid became a household name and the pandemic creeped into businesses’ operations, global supply chains have been under more pressure than ever. It is one of the reasons urgent supply chain commerce transformation has been at the top of the agenda of retail giants, industry leaders, product experts and agents of change. One [...]
Week ahead: City’s gaze turns to fresh inflation figures February 13, 2022 All eyes in the City this week will be on fresh inflation figures as investors brace for another shocker of a print. Most economists expect inflation to firm even further, jumping to 5.5 per cent in January from 5.4 per cent in December. That would still leave the cost of living at around a 30-year [...]
Shares dip for Trustpilot despite booking surge March 22, 2022 Trustpilot saw bookings surge 27 per cent to $149.6m (£113.7m), driven by strength in Europe, the UK, and acceleration in North America
Mastercard faces £10bn class-action lawsuit in UK August 19, 2021 A UK court has approved the UK’s biggest class action lawsuit of over £10bn against global payments processor Mastercard on behalf of 46m consumers, according to reports. The previously rejected lawsuit was formally certified on Wednesday to go to trial by the Competition Appeal Tribunal (CAT) in London. It will be the first mass claim [...]