Tag: firms
M&S reports strong festive sales but says UK firms will take hit from tax rises
Sales at food halls rise 8.9% over Christmas, with 23 December its biggest ever day of food trading Marks & Spencer has hailed a “good Christmas” with strong sales of food but warned that British businesses face higher costs from the government’s tax increases. The UK retailer said sales at established food halls rose 8.9%,…
Confidence of firms hit by tax fears, says business group
Confidence among UK firms has “slumped” as they face a “pressure cooker of rising costs and taxes”, according to a business group. The British Chambers of Commerce (BCC) said its survey of more than 4,800 firms suggested confidence had fallen to its lowest level for two years. Nearly two-thirds told the BCC they were worried…
CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish
Large tech firms sprinkled holiday cheer on U.S. m Source: www.cnbc.com