Retail leaders back chancellor to deliver a “shoppers’ budget”

Retail leaders back chancellor to deliver a “shoppers’ budget”

Leading CEOs from across the world of British retail are today backing Phillip Hammond, the Chancellor, to deliver a “shoppers’ Budget” including decisive action in his upcoming Budget to relieve the business rates burden. Without action in the Budget on Wednesday (22 Nov), retailers alone face a stark £270 million leap in their already onerous […]

Interest rates rise means chancellor needs to deliver a budget for shoppers

Interest rates rise means chancellor needs to deliver a budget for shoppers

Responding to The Bank of England’s vote to put interest rates up for the first time in ten years from 0.25 per cent to 0.5, Rachel Lund, Head of Retail Insight & Analytics, BRC said: “While the increase in interest rates is a small and highly anticipated change, this is the opening move in a […]

BRC urges chancellor to deliver a budget for shoppers

BRC urges chancellor to deliver a budget for shoppers

Business and consumers are looking to the Chancellor’s upcoming Budget for action to support consumer spending and help encourage private sector investment. In a submission entitled Helping Shoppers Budget, sent to the Chancellor last week, the British Retail Consortium (BRC) proposes a series of targeted measures to support the retail industry in maximising its future […]