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

ByRubaisha

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…

Microsoft headquarters with AI and cloud infrastructure visuals

Microsoft Invests $33B in Nebius and Neoclouds to Solve AI Capacity Issues

ByRubaisha

Microsoft announced a major push to ease a growing AI capacity crunch. The company plans to invest $33 billion in two emerging cloud providers, Nebius and Neoclouds, to add compute, data centre lift, and specialised AI hardware.  The move aims to accelerate model training and hosting, and to provide Microsoft with more flexibility as demand…

Andrew Selley

Andrew Selley Calls Out Reeves: ‘Stop Hitting Food Firms with Taxes’

ByAmna Habib

The debate around food industry taxation in the United Kingdom has intensified as Andrew Selley, Chief Executive of Bidfood, publicly criticized Chancellor Rachel Reeves for policies he says unfairly burden food businesses. In an already fragile economy, new tax pressures threaten supply chains, increase costs, and risk undermining innovation across the sector. As the UK…