More than 420,000 drivers were pushed into paying the UK’s luxury vehicle tax last year as frozen thresholds dragged an increasing number of ordinary cars into the surcharge, new DVLA
The Rolex agreement reduces Watches of Switzerland’s value by £500m.
The value of Britain’s leading Rolex watch seller took a significant hit after the Swiss luxury brand acquired a competing retailer.
Rolex demand skyrockets as the ultra-wealthy remain unaffected by inflation turmoil.
The ultrawealthy’s demand for Rolex watches in Britain remains undeterred by the ongoing inflation crisis, leading to a surge in the waiting lists for these luxury items despite escalating prices.