Category: Shops
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Shops and restaurants brace for record employment tax surge after Reeves’s budget raid
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Retailers and hospitality businesses are seeing an unprecedented rise in employees’ tax bills this year, due to Chancellor Rachel Reeves’ decision to increase employers’ National Insurance contributions coupled with the minimum wage rising above inflation. New figures compiled by the Center for Policy Studies (CPS) show that the annual cost…
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Whole Foods Market’s CEO grocery shops at least 14 times a week, even on vacation: ‘I’m probably very abnormal’
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Between running billion-dollar companies and managing hundreds of employees, most CEOs don’t have time to go grocery shopping. But Whole Foods Market CEO Jason Buechel chooses to shop 14 times a week. “I go to the grocery store at least twice a day, every day,” Buechl said in a recent…
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Shops and restaurants poised for consumer spending boost with labour win and major sports events
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Retailers and the hospitality sector are bracing for a huge increase in consumer spending as Labour’s latest election victory coincides with a big weekend of sporting events, including England’s Euro 2024 match and Andy Murray’s potential final appearance at Wimbledon. Businesses across the UK are set to benefit from a…