River Island Closing 33 Stores in January Restructuring
High street fashion chain River Island will close 33 UK stores by end of January 2026 as part of a court-approved restructuring plan. See the full list of affected locations.
Category : Search result: retail tax hike
420,000 drivers pay luxury car tax after threshold freeze
Frozen tax thresholds have dragged 420,000 motorists into paying the luxury vehicle levy, a 42% rise in two years. Discover how family cars are being caught in the tax net.
Oliver Bonas announces new UK store openings and relocations
Oliver Bonas reveals a wave of new store openings and relocations across England and Scotland before year-end, with 20 more planned for 2025. Discover the full list of locations.
Boxing Day 2025: Shopper Numbers Up 4.4%
Boxing Day proved a 'bumper day' for UK retail as footfall jumped 4.4%, the strongest increase in over ten years. Discover how high streets, retail parks, and coastal towns performed.
Boxing Day footfall jumps 4.4% in biggest surge for 10 years
Boxing Day 2024 delivered a bumper boost for UK retailers, with footfall up 4.4% in the strongest rise for over a decade. Discover where and when shoppers flocked for bargains.
HMRC's 2026 tax crackdown: New powers & whistleblower scheme
HMRC is launching an aggressive new crackdown on historic tax avoidance from 2026, with new powers, a US-style whistleblower reward scheme, and a surge in criminal investigations. Experts warn of risks.
HMRC uses AI to target tax evasion and fraud
HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.
HMRC tax refund guidance after wrong address error
HMRC has issued clear guidance on tax refunds after a cheque was sent to an old address. Learn the steps to correct the error and the helpline number to call.
Telford retail park bids to increase unit size for superstores
British Land applies to boost maximum store size at Telford Forge Retail Park to attract larger retailers, aiming to secure long-term tenancies and support the local economy. Read the full details.
Major UK Shoe Chain Axes 100 Jobs After Sales Plunge
VF Corporation, owner of Vans and The North Face, axes nearly 100 UK jobs after a 10% sales drop. Turnover falls to £321.5m as consumers cut spending. Read the full financial analysis.
Mothercare Plans Rebuild After £1.4m Loss and Sales Fall
Mothercare announces plans to rebuild its UK and global operations despite posting a £1.4m loss and a 25% sales drop. The retailer says it has 'stabilised' and is seeking a new CEO.
Next and Currys warn new worker rules will cut jobs
Retail leaders warn Labour's new workers' rights legislation will lead to fewer jobs and hurt high streets. Read the full industry reaction and analysis.
Scope to close 77 charity shops by March 2026
Disability charity Scope announces plans to close 77 of its 138 UK shops, including in Birmingham, to save £4m. The high street faces rising costs and a shift to online.
Matches Fashion set for UK return in 2026
Matches Fashion is set for a comeback in Britain next year under new owners Joe Wilkinson and Mario Maher. Discover their vision for the revived luxury brand.
Walker returns to Cornwall to finish 11,000-mile UK trek
Blue Wilson, hiking the UK coastline, returns to Cornwall's coast path over Christmas to complete a missed section. She's raised £7k for marine charities. Follow her journey.
River Island to close 33 stores in UK rescue plan
River Island will close 33 UK stores by January's end as part of a restructuring plan to save its retail business. See the full list of affected locations.
Stealth tax rule leaves UK households £1,142 worse off
A frozen HMRC trading allowance is eroding the tax-free earnings of UK side hustlers on Vinted, eBay & Airbnb. See how inflation impacts your income.
Pub pint prices to rise for 5 Heineken brands from February
Heineken announces price hikes for five popular beers and ciders in UK pubs from February 2026, while cutting Foster's strength to lower its price. Find out which pints are affected.
Royal Mail Christmas Stamp Loophole Avoids Price Rises
Discover how non-barcoded Christmas stamps remain valid for postage, allowing savvy shoppers to use older, cheaper stamps and avoid recent price increases. Learn more about the 2025 collection.
TV Licence to exceed £180 for first time in 2026
Millions of UK households face a new TV Licence hike in 2026, pushing the annual cost above £180. The rise, linked to inflation, could see more people cancelling. Read the full details.
New Pay-Per-Mile Car Tax Announced for EV Drivers
UK drivers of electric and plug-in hybrid cars will face a new pay-per-mile tax from April 2028. Find out the rates and how it could affect your motoring costs.
HMRC Sends New Tax Codes to UK Households
HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.
High Street Decline: Retail Footfall Falls in November
New data reveals a 0.8% year-on-year drop in UK retail footfall last month, driven by Autumn Budget tax fears and poor weather. Industry leaders call for a new high street revival plan.
Petition for £20k Tax Allowance Hits 30k Signatures
A public petition urging the government to raise the personal tax allowance to £20,000 has passed 30,000 signatures, piling pressure on Labour. Find out what happens next.
Savings Tax Hike Warning for Millions of UK Households
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
Welsh shopper numbers fall in November, data shows
New figures reveal a 0.4% year-on-year drop in Welsh retail footfall for November, with Cardiff among the hardest-hit UK cities. Retailers now pin hopes on a December surge.
Two-digit tax code could mean £3,539 HMRC refund
State pensioners with a two-digit 'M1' tax code may be owed thousands in emergency tax refunds from HMRC. Learn how to check your code and claim back an average of £3,539.
Reeves' stealth tax warning for earners over £40,000
Chancellor Rachel Reeves confirms frozen tax bands, dragging millions into higher rates. Discover how fiscal drag impacts your income and pension. Sign up for our money-saving newsletter.
HMRC's mandatory tax adviser register starts May 2026
HMRC will launch a mandatory register for all tax advisers in May 2026. Learn about the new rules, penalties, and the £36m investment to modernise services.
Black Friday slows UK shop price inflation
Black Friday sales led to a slowdown in shop price rises across the UK high street in November, new data reveals. Discover how consumer deals impacted inflation.
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