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Tuesday 10 May 2016 12:01 amOnline sales hit the brakes: Digital channel suffers slow gro <a href=www.brumates.us>brumate era</a> wth in AprilBy: Billy BambroughShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleOnline retail sales growth has slumped to its lowest level in three years, piling pressure on retailers already hard hit by a customer retreat from the high street.Year-on-year online sales were up by just 6.6 per cent in April, more than halving the 15.4 per cent growth recorded in April 2015, the British Retail Consortium BRC and KPMG monthly sales monitor out today has revealed.With the online channel beginning to reach maturity in some areas, retailers are now having to fight hard to win a larger share of the customer s wallet, David McCorquodale, head of retail at KPMG told City A.M.Read more:Retailers rocked by sales shocker Overall the BRC found that retail sales have decreased by 0.9 per cent on a like-for <a href=www.stanley-uk.uk>stanley cup</a> -like basis from April 2015, dragged down by <a href=www.stanley-uk.uk>stanley in uk</a> record falls in fashion sales.British high street stores last week were shown to have suffered their steepest drop in sales since November 2008 according to accounting firm BDO while market research firm GfK found consumer sentiment collapsed to a 15-month low in April.The latest BRC figures reinforce the gloomy numbers from BDO that found fashion retailers posted their sharpest sales falls since the financial crisis in April.There have been Tcpk M amp;B opens door to rebel appointments
Tuesday 13 September 2011 8:52 pm|Updated:Thursday 30 May 2019 11:39 pmSimpler tax could help to create jobsBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleHUNDREDS of thousands of jobs and tens of billions of pounds in national income could be created if the government created a simple, sensible tax regime, according to the Institute for Fiscal Studiesrsquo; IFS Mirrlees Review out today.And all that can be achieved with no reduction in tax revenues, it said.Current taxes remove incentives to work, distort the savings market and hurt the poor because there is no unified tax strate <a href=www.stanley-cups.pl>stanley kubek</a> gy, the report claims.In an effort to target groups with low employment rates, the report proposes reducing income taxes on 55 to 70 year olds and better targeting benefits for parents of young children. mdash; making work more attractive and boosting employment.Areas like savings are studied, where the IFS calls for cash in normal bank accounts to go untaxed. Housing, too, is poorly taxed, distorting the market, the <a href=www.polenes.ca>polene ca</a> report says. The 1991 valuations currently used for calculating council tax, for example, are <a href=www.polenes.ca>polene bag</a> viewed as hopelessly outdated, but ndash; as with many features of the tax system ndash; are ignored for political reasons.As carsrsquo; fuel efficiency rises, tax revenues fall, leaving a gap in takings. Mirrlees calls for a road tax to combat congestion ndash; a major