Asda and Boots urge chancellor to reform ‘broken’ rates system
Craig TaylorThe industry says a no-deal Brexit would “place a considerable strain” on the retail sector. BBC News – Business
Business
RBS ‘set to appoint Rose as next boss’
Royal Bank of Scotland is poised to name Alison Rose as its first female chief executive, reports say. BBC News – Business
UK economy shrinks for the first time since 2012
The UK economy contracted by 0.2% between April and June, its worst performance for more than six years. BBC News – Business
Brexit: Chancellor announces ‘fast tracked’ spending review
Sajid Javid said an accelerated one-year spending review would help departments to prepare for Brexit. BBC News – Business
Debenhams confirms Stefaan Vansteenkiste as new chief
bethkent ✅Stefaan Vansteenkiste is set to become the new chief executive at Debenhams. This follows chairman Terry Duddy decision to step down in September. Mr Vansteenkiste joined Debenhams in April as a chief restructuring officer, he has been working with a team on new business plans to deliver a turnaround. Mr Vansteenkiste said: “The retail industry faces…
UK pushed out of Interrail scheme after dispute
The move is not related to Brexit, but means UK rail journeys will no longer be covered by Interrail passes. BBC News – Business