UK government borrowing costs have risen sharply in reaction to news that the chancellor has decided against increasing income tax rates in the upcoming Budget.The interest rate on 10-year government bonds, known as the yield,…
Kate WhannelPolitical reporterPA MediaRachel Reeves has dropped plans to increase income tax rates at the Budget on 26 November, according to reports in the Financial Times.The newspaper says the chancellor and prime minister U-turned on…
On the ground floor of Printemps New York, beneath towering light fixtures shaped like Seussian lily pads, shoppers can try on glossy Roger Vivier Mary Janes while sipping Champagne that flows from a roving cart.…
The consumer price index rose 0.2 percent from a year earlier, after a 0.3 percent decline in September, according to data released by the National Bureau of Statistics on Sunday. The median forecast of economists…
Finance secretary Shona Robison says she could be facing a "nightmare situation" when she sets her own budgetScotland's finance secretary has said she may "have to revisit" a promise not to raise income tax in…
The Estée Lauder Cos.’ financial results are starting to improve. The beauty company, whose brands include namesake Estée Lauder, Clinique, Bobbi Brown and Tom Ford, reported net sales increased 4 percent to $3.5 billion during…
Published October 24, 2025 UK retail sales volumes unexpectedly rose 0.5% month on month in September, figures from the Office for National Statistics showed on Friday. Economist had expected a 0.2% fall. And fashion as well…
Italian luxury group Salvatore Ferragamo posted a stronger-than-expected 1.7 percent rise in quarterly sales, as it begins implementing turnaround measures while continuing its search for a new chief executive.Revenues reached €221 million ($258 million) in the…
By Adnkronos Published October 22, 2025 The European luxury Tax Free Shopping market has grown by 7%, according to Global Blue’s study presented at the second edition of the Luxury Insight event. The increase suggests…
Branwen JeffreysEducation EditorGetty ImagesUniversity tuition fees in England will increase every year in line with inflation from 2026 onwards, the government has announced.Education Secretary Bridget Phillipson confirmed the increase for the next two years, and…