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Frasers Group warns of store closures after ‘near worthless’ budget support

Frasers Group, the retailer controlled by the Sports Direct founder Mike Ashley, has said it will be forced to close stores and cut jobs after a “near worthless” support package on business rates in the budget. Read more: Frasers Group warns of store closures after ‘near worthless’ budget support

Companies ‘will quit UK’ over Sunak’s corporation tax rise

Companies will leave Britain to avoid Rishi Sunak’s corporation tax rise, experts have warned. Read more: Companies ‘will quit UK’ over Sunak’s corporation tax rise

Marks & Spencer axes all 29 in-store bank branches and tells customers it is shutting their current accounts

Marks & Spencer is set to terminate its current accounts later this year and shut its 29-in store bank branches with its banking customers told to either switch to another lender or close their accounts altogether. Read more: Marks & Spencer axes all 29 in-store bank branches and tells customers it is shutting their current accounts

Apple investigated in UK over ‘unfair’ App Store claims

The UK's Competition and Markets Authority has launched an investigation into whether Apple's terms for app developers are anti-competitive. Read more: Apple investigated in UK over ‘unfair’ App Store claims

US suspends tariffs on Scotch whisky and Stilton cheese

The US has today announced it will suspend a series of tariffs on a range of British goods, including Scotch whisky and Stilton cheese, for four months in a de-escalation of a long-running trade conflict. Read more: US suspends tariffs on Scotch whisky and Stilton cheese

Deliveroo sets out plan for $7bn listing in London

Deliveroo pressed the start button today on a $7 billion-plus listing on the London Stock Exchange less than a year after it had warned the Competition and Markets Authority that it would go bust without a $500 million investment from Amazon. Read more: Deliveroo sets out plan for $7bn listing in London

Sainsbury’s puts 1,150 jobs at risk as supermarket group closes online warehouse

Another 1,150 jobs are at risk at J Sainsbury as the supermarket group makes head office cuts and shuts its online grocery warehouse to save money and invest in improving its food ranges. Read more: Sainsbury’s puts 1,150 jobs at risk as supermarket group closes online warehouse

Despite good feedback there are still groups of people left struggling

Whilst the Budget 2021 has given a largely 'hopeful vision' for many, other excluded groups have been left struggling. Read more: Despite good feedback there are still groups of people left struggling

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