Workers are bracing for some of the steepest job losses in a decade as businesses prepare to shed staff ahead of Rachel Reeves’s planned £25bn tax hike.
Shoe Zone Shares Fall After Profit Cuts and Dividend Payment Uncertainty
Shoe Zone’s shares plunged on Wednesday following the retailer’s profit warning. The retailer slashed its profit outlook by 50% amid escalating taxes and tough trading conditions.
JD Sports CEO warns: ‘Tax increases are unsustainable’
Upcoming tax hikes will be “unmanageable” for UK businesses, warns JD Sports chairman, as the industry braces for rising costs following the recent Budget.
Quiz PLC (QUIZ.L) Response to Media Reporting
QUIZ is extremely concerned by information recently reported in the media regarding an alleged instance of non-compliance with National Living Wage requirements in a factory making QUIZ products in Leicester.