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Rishi Sunak

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News & Analysis

Why Fashion Brands and Wealthy Americans (Still) Love London

The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed.

News & Analysis

Why Fashion Brands and Wealthy Americans (Still) Love London

The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed.


Luxury

Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’

At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’

Luxury

Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’

At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’


Retail

UK Retail Sales Up While Public Borrowing Hits Record High

Public sector net borrowing hit $68.7 billion in May, with experts warning of rising unemployment and no guarantee of a strong rebound.

Retail

UK Retail Sales Up While Public Borrowing Hits Record High

Public sector net borrowing hit $68.7 billion in May, with experts warning of rising unemployment and no guarantee of a strong rebound.


Retail

UK Businesses to Lean Heavily on Government Support

Almost half of British companies expect to furlough 50 percent or more of their workforce, according to a survey, meaning reliance on a government scheme that will pay up to 80 percent of employee wages.

Retail

UK Businesses to Lean Heavily on Government Support

Almost half of British companies expect to furlough 50 percent or more of their workforce, according to a survey, meaning reliance on a government scheme that will pay up to 80 percent of employee wages.