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Top Drapers News

UK Economy · United KingdomThe UK's largest supermarkets are calling on the chancellor to exclude stores from a new business rates surtax, warning that shoppers will bear the brunt of higher prices. Tesco, Sainsbury's, Marks & Spencer, Waitrose, Morrisons, Asda, Aldi and Lidl are among the stores that have signed a letter addressed to Rachel Reeves, arguing that easing taxes on grocers would help curb food inflation.See the Story
Tax hike could lead to higher food prices, supermarkets warn
Coverage: 14 sources

UK Economy · United KingdomBritish retailers cut their prices in October, led by the biggest drop for food in almost five years, industry figures showed, offering a bit of relief to households before Halloween as well as the Bank of England and the government.See the Story
UK shop prices fall for first time since March, retailers say
75% Left coverage: 4 sources

Business · United KingdomFashion retailer Next today edged-up its full year profit guidance for the fourth time in eight months as it reported a stronger-than-expected 10.5% rise in full-price sales for its third quarter to October 25.See the Story
Next lifts profit outlook again after Q3 sales beat
100% Center coverage: 1 sources