Author: Scott Dylan

The RAC calls for the cessation of the 5p fuel duty cut, originally introduced in 2022 to lessen the cost of living crisis.Introduced to help motorists save on fuel costs, the duty cut is costing the government £2 billion annually.Despite the cut, savings have not materialised for drivers due to high retail margins.High profit margins among retailers have led to minimal consumer benefits, with record margins of 13p on unleaded fuel.Calls have been made for the re-evaluation of the duty cut, amidst concerns that drivers are overpaying.The 5p fuel duty cut, introduced in 2022 to mitigate the cost of living…

Rixo’s New York City pop-up has transformed into a permanent retail space, reinforcing its foothold in the US market.The store, located at 19 Prince Street, first launched on a temporary basis in April and has seen significant success.This development marks Rixo’s inaugural permanent retail location in the United States, emphasizing its growth ambitions.CEO Henrietta Rix remarks on the impressive 174% increase in US sales as a catalyst for this decision.The brand, established by female founders without external investment, celebrates this landmark in its ongoing expansion journey.Located at 19 Prince Street in Manhattan, Rixo’s New York City pop-up store initially opened…

UK retailer New Look has committed to protecting transport workers’ rights in its supply chain.Partnering with the International Transport Workers Union (ITF), New Look aims to enhance the safety and sustainability of its transport operations.A new memorandum of understanding (MoU) will guide New Look in human rights due diligence across its supply chain.The agreement includes commitments to advance freedom of association and provide training for workers.New Look emphasises vigilance against modern slavery and human trafficking in all aspects of their operations.UK clothing retailer New Look has taken significant steps to ensure the protection of transport workers’ rights in its supply…

Victoria Beckham’s brand reports significant financial improvement, narrowing operating losses and boosting revenue.The company saw a remarkable 52% increase in revenue, reaching £89.1 million.Operating losses reduced to just £0.2 million from £0.9 million the previous year.A strategic focus on leather goods and successful fashion weeks have been pivotal.Partnerships with major brands and a growing consumer base drive optimistic projections.Victoria Beckham’s fashion and beauty enterprise has showcased impressive financial progress in the 12 months ending on 31 December 2023. Revenues surged by a notable 52%, climbing to £89.1 million, illustrating a robust performance compared to the previous year. Operating losses were…

In an effort to strengthen UK-EU relations, Keir Starmer is pursuing a significant economic deal with Germany.Starmer met with German Chancellor Olaf Scholz to discuss easing business barriers for UK enterprises in Germany.Negotiations aim for preferential market access without compromising balanced negotiations.A proposed youth mobility scheme has emerged as a point of contention.Additional discussions include a veterinary agreement and strategies against illegal migration.Keir Starmer aims to enhance UK-EU relations by negotiating a critical economic deal with Germany. Recognising this as a ‘once-in-a-generation opportunity,’ he underscores the necessity of moving past Brexit to foster closer economic and security ties throughout Europe.During…

Regular exercise holds substantial benefits for mental health, shaping both mood and resilience. Recent studies highlight its impact on well-being.Physical exercises, especially aerobic and strength training, significantly enhance mental health by regulating neurotransmitters.Emerging research suggests that exercise may surpass medication in managing depression and anxiety.Yoga combined with physical exercise aids in addiction recovery and improving sleep quality.Exercise is regarded crucial for mental health among professionals, promoting stress reduction and social interaction.Regular exercise not only strengthens the body but also plays a crucial role in mental health. Various forms of physical activity, such as aerobic exercises and strength training, regulate neurotransmitters…

Ted Baker is set to unveil a redesigned e-commerce platform, bringing new energy to its iconic brand in the UK and Europe. This initiative follows a strategic partnership between Authentic and United Legwear & Apparel Co., focusing on innovation and customer experience.The relaunch, scheduled for autumn 2024, will see United Legwear & Apparel Co. manage Ted Baker’s e-commerce operations across the UK and Europe.United Legwear & Apparel Co. has also taken over the design and manufacturing responsibilities for men’s sportswear, golf wear, and denim categories, extending their role beyond digital platforms.Chris Volpe, COO of United Legwear, aims to provide a…

Amidst an ever-shifting business landscape, adaptability is key to survival and success.Technological innovations like AI and e-commerce are transforming business operations worldwide.Globalisation expands market opportunities but introduces complex challenges.Consumer expectations demand more personalised and socially responsible business practices.Businesses must prioritise innovation, digital transformation, and sustainability to compete effectively.Technological advancements have revolutionised industries, making AI and automation integral to modern operations. AI tools are now capable of analysing extensive data to discern patterns and forecast consumer trends, enhancing business capabilities. Automation streamlines processes and minimises human error, allowing employees to tackle more strategic roles. In customer service, AI-driven tools efficiently handle…

Partnering with an employee benefit consulting firm can significantly enhance how companies manage and offer benefits to their staff.Ensuring legal compliance with ever-changing employment laws is a key advantage of hiring a consulting firm.Customised benefit packages crafted by professionals can help meet specific employee needs effectively.Consulting firms bring negotiation skills and extensive networks, making premium benefit packages more accessible.Employee benefit consultants play a vital role in improving an employer’s reputation and aiding in staff retention.Working with an employee benefit consulting firm can greatly improve how businesses handle staff compensation packages. These firms are invaluable in keeping abreast of legal compliance,…

The UK’s labour market is experiencing a significant demand for green skills, vital for a sustainable future.According to LinkedIn’s 2023 Report, a third of jobs in the UK require at least one green skill, yet only one in eight workers are equipped.The UK is falling behind countries like Germany and France, highlighting a critical need for skill development.There’s potential to create 98,000 more jobs in wind energy alone if matched with Denmark’s performance.Businesses have five strategies to bridge this gap and prepare for net zero ambitions.In the UK, the pressing need for green skills is becoming increasingly evident. According to…