In a stark warning to the UK government, major retail businesses, including giants such as Tesco, Boots, Marks & Spencer, and Next, have united to express grave concerns over the enormous financial burden that the recent budget will impose on the industry. Their message, communicated through a letter with 79 signatories from the British Retail […]
Next Warns of Store Closures After Losing Equal Pay Claim
Next Plc, a leading British fashion retailer, recently sent shockwaves through the industry by announcing potential store closures following a significant legal ruling regarding equal pay. The company is facing pressing financial implications stemming from a tribunal’s decision that recognized wage disparities affecting its predominantly female shop-floor staff compared to their male counterparts working in […]
