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Retailers are urging government to reduce costs of youth employment. Industry representatives want changes to employer National Insurance thresholds, although existing exemptions for under-21s complicate the relationship between tax relief and youth recruitment.
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HMV plans to leave its historic Oxford Street retail location. A proposed doubling of rent and substantial renovation requirements have made the flagship site commercially unsustainable despite improving sales.
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Britain and the EU have confirmed their next summit date. Leaders will review proposed trade measures intended to reduce paperwork, lower costs and develop wider cooperation after Brexit.
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UK and Indian businesses have announced fresh commercial commitments together. The trade mission highlights technology investment, aviation services and retail expansion, although several contract values remain projections over multiple years.
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Government seeks views on extending housing hazard deadlines to landlords. The consultation considers how Awaab’s Law should apply to private rented homes and certain licensed accommodation, with final obligations and implementation dates still to be determined.
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Britain has opened a permanent business centre in Kyiv today. The facility supports industrial partnerships and potential co-production between UK companies and Ukrainian organisations, especially SMEs.
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Britain has expanded Russia sanctions covering oil and financial networks. Official notices list 26 designations and 12 ship specifications, alongside separate administrative changes and compliance requirements.
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Tioxide says its Greatham plant can now produce all grades. The manufacturer is recruiting employees and preparing a second line, with full designed capacity dependent on further commissioning.
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Cargostore says its UK business integration is now fully complete. The equipment rental company reports 57% growth in rental revenue, new specialist investment and entry into carbon capture contracts.
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Brink’s has proposed disposals to address UK cash machine concerns. The CMA may accept the undertakings, potentially avoiding an in-depth investigation of the NCR Atleos acquisition.