
De Beers & Gucci join fight with Sunak over tourists VAT switch
Luxury brands including De Beers and Gucci have warned Rishi Sunak that plans to abolish the VAT rebate for tourists risks their future investment in Britain.
The latest news affecting small and medium sized (SME) businesses in the UK

Luxury brands including De Beers and Gucci have warned Rishi Sunak that plans to abolish the VAT rebate for tourists risks their future investment in Britain.

Economists have upgraded Britain’s growth forecasts amid hopes that Pfizer’s coronavirus vaccine will end the health restrictions that have hammered businesses and the economy this year.

The European Commission has charged Amazon with breaking competition rules, accusing it of abusing its dominant position in online retail.

The company behind foods such as gravy brand Bisto, custard-maker Ambrosia and Mr Kipling's cakes says people turned to comfort foods during the pandemic.

The UK's unemployment rate rose to 4.8% in the three months to September, up from 4.5% as coronavirus continued to hit the jobs market.

Britain should be heading back to normal by the spring, scientists said yesterday, after the announcement of a vaccine that is 90 per cent effective in…

Wales' first minister has said there are "tentative early positive signs" that the spread of coronavirus has slowed, as people visited non-essential shops and cafes for…

One in five self-employed workers plans to switch to other forms of employment because of the pandemic, according to a report by the London School of…

Airbnb is set to file the necessary IPO documents later this week ahead of its anticipated stock market debut in December, as it seeks to raise…

Hollywood stars Ryan Reynolds and Rob McElhenney have outlined their bid to own UK-based football club Wrexham AFC.

Boris Johnson will be under even greater pressure to strike a Brexit deal with Brussels when Joe Biden enters the White House, senior Tories and diplomats…

It is understood that small firms that successfully received a bounce back loan from non-bank lender Tide are struggling to secure further loans to cope with…

Only 7 per cent of British workers want to return to the office full-time after Covid-19 restrictions are lifted, a survey has indicated.

Tailors on Savile Row have called on the government to scrap plans to end VAT-free shopping for tourists as fears grow that the Covid-19 pandemic poses…

UK music streaming innovator ROXi announces pop legend Kylie Minogue has joined Robbie Williams as a major shareholder at ROXi