George Osborne
George Osborne, former UK Chancellor of the Exchequer, continues to influence the economic and policy landscape affecting the jewellery and wider retail industries. This coverage examines Osborne’s commentary, political activities, and roles that intersect with business, taxation, and consumer spending — all key factors shaping jewellery retail performance. Jewellery Focus reports on how his economic outlook and policy perspectives impact the operating environment for jewellers, suppliers, and manufacturers across the UK trade.
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Mar- 2015 -18 MarchAdvice
Firms to ‘overpay £221m in business rates’
More than 110,000 firms in England and Wales are likely to miss 31 March deadline for appeals over business rates, and at least £221 million in potential relief will lie unclaimed. This is according to CBRE, the commercial property and real estate services advisor, which conducted research into the “scramble to…
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Dec- 2014 -3 DecemberEconomy
Business rates set to undergo structural review
Chancellor of the Exchequer, George Osborne, has said in his Autumn Statement that business rates will undergo a full “structural review” alongside the extension of the 2% cap on business rate increases for next year. Further help on business rates announced in the speech included the extension of small business…
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3 DecemberCurrent Affairs
Osborne to reveal business rates review in Autumn Statement
According to reports from BBC News the Chancellor, George Osborne, is expected to reveal an overhaul of business rates to help high street retailers compete with internet retailers in his autumn statement. The 400 year-old taxation system has long been under criticism from businesses and it has often been blamed…
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Feb- 2013 -19 FebruaryEconomy
Retail business running costs up £20bn since 2006
A British Retail Consortium (BRC) commissioned study by Oxford Economics has revealed that retailers’ operating costs have increased by a fifth since 2006.
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Dec- 2012 -6 DecemberEconomy
Starbucks pays up but business rates will still rise
Starbucks’ acceptance to pay increased corporation tax has done little to soften the news that business rates will not be frozen next year, as announced by the chancellor.
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