For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Online fast fashion retailer Shein could achieve a market valuation of up to $27 billionContinue Reading

Andy Burnham has launched a review into how business rates are calculated for pubs and hotels, in an attempt to make the tax fairer for two sectors hit hard by this year’s revaluation. The prime minister has appointed Jerry Schurder, a business rates expert who has repeatedly called for reformContinue Reading

Profits at Britain’s 100 biggest restaurant groups have fallen by almost half in the past year as hospitality businesses grapple with mounting employment costs. The country’s largest restaurant companies by turnover, which include Pizza Express and Five Guys, together generated £204 million in profits, according to analysis by the accountancyContinue Reading

Britain’s economy has undergone a silent productivity boom over the past two years, according to new research which suggests that official statistics have masked a dramatic improvement in output. The Resolution Foundation, a think tank, said UK productivity has been expanding by 1.1 per cent a year since late 2024,Continue Reading