Tesco CEO warns that new taxes may impact UK retail growth and consumer spending.

Tesco CEO Warns Reeves That New Taxes Could Hurt UK Businesses

The chief executive of Tesco has publicly warned Chancellor Rachel Reeves that proposed new taxes could damage UK companies and slow recovery. Business leaders say higher levies would squeeze margins, raise prices for shoppers, and hurt growth.  Major outlets, including the BBC, the Financial Times, and Business Live, reported the comments this week, sparking fresh…

Tesco

Tesco Poised to Upgrade Profit Forecast After Robust Summer Sales

The retail landscape across the UK has faced significant challenges in recent years, from fluctuating consumer confidence to inflationary pressures. Despite this, Tesco, the country’s largest supermarket chain, is showing strong resilience. Following a period of impressive summer sales, analysts now expect Tesco to upgrade its profit forecast, signaling positive momentum for the company and…

Tesco

Tesco Opening Hours for Bank Holiday Monday, Plus Other Supermarkets

The August Bank Holiday Monday is a cherished occasion for many across the UK, offering an extra day to relax, enjoy the summer, or catch up on errands. However, it also brings a shift in routine, especially when it comes to grocery shopping. Supermarkets adjust their operating hours during public holidays, and this August 25,…