Boss of Beaverbrooks urges government to give businesses ‘a bit of a break’
Jeweller reports flat sales and fall in underlying operating profit as retailers anticipate October budgetBusiness live – latest updatesThe boss of the family-owned jeweller Beaverbrooks has called on the government to give business “a bit of a break” by halting cost increases amid flat sales and falling profits.The retailer, founded in 1919, revealed a 9% fall in underlying operating profit to £7.8m last year after an increase in employer national insurance contributions (NICs) and the legal minimum wage introduced by the former chancellor Rachel Reeves. Continue reading...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.