Tag: retail economy
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Shoppers Shun Boxing Day: Tax Rises Dampen Festive Spending
Boxing Day sales forecast under pressure as tax rises bite British shoppers are expected to pause before the Boxing Day sales this year, as a combination of tax rises and fading consumer confidence weighs on discretionary spending. Analysts at Barclays have projected a fall in festive-season spending, bringing the total for the holiday sales period…
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Sadiq Khan’s Oxford Street plan sparks concerns of crime and congestion
Introduction: A plan with high stakes for central London London Mayor Sadiq Khan’s bid to pedestrianise Oxford Street has sparked a heated debate among residents, retailers and local organisations. While proponents argue that a car-free, widened pedestrian zone could improve air quality, curb congestion, and create a safer, more welcoming shopping environment, critics say the…