Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Investing.com Markets AD LSEG Data AD CME Group Education AD Bank of England Statistics
FCA & Rules

Boss of Beaverbrooks urges government to give businesses ‘a bit of a break’

Boss of Beaverbrooks urges government to give businesses ‘a bit of a break’

The boss of the family-owned jeweller Beaverbrooks has called on the government to give business “a bit of a break” by halting cost increases amid flat sales and falling profits.

The retailer, founded in 1919, revealed a 9% fall in underlying operating profit to £7.8m last year after an increase in employer national insurance contributions (NICs) and the legal minimum wage introduced by the former chancellor Rachel Reeves.

Continue reading...