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John Lewis chair warns warehouse tax would hit high street shops
12/10/2026John Lewis Partnership chair Jason Tarry has joined other retail leaders in opposing a proposed "warehouse tax", arguing in The Telegraph that higher property taxes on large premises would fall on department stores and supermarkets rather than online-only operators. Retail…
Martin Property Group emerges as frontrunner in Poundland rescue talks
12/10/2026Derry-based Martin Property Group is reportedly the preferred backer of a management-led takeover of Poundland, Retail Gazette reported on 12 October 2026. The offer could see the discount chain's equity change hands for as little as £1, covering close to…
KFC, Costa and Pizza Hut operator’s profit lifted by £35m property gain
09/10/2026SME Group PLC, the Ruislip-based group whose profile lists KFC, Pizza Hut and Costa restaurants, has reported a sharp jump in annual profit. Almost all of it comes from a rise in the value of its investment properties, while sales…
How to open a hair salon in the UK in 2026
09/10/2026The UK has around 50,400 hair, barbering and beauty businesses registered for VAT or PAYE, according to the National Hair & Beauty Federation, and in many of them the stylists are not staff at all but self-employed chair renters. That…
Tesco lifts profit guidance as half-year sales reach £33.8 billion
09/10/2026Tesco has raised the floor of its full-year profit guidance after half-year sales rose 2 per cent to £33.8 billion, but its Booker wholesale arm, which supplies symbol groups such as Premier, Londis and Budgens, saw like-for-like sales fall 2.6…
Wok & Go franchisor boss gets suspended sentence and 10-year ban
09/10/2026The man who ran the franchising company behind the Wok & Go noodle takeaway chain has received a 12-month prison sentence, suspended for two years, for managing a business while banned as a director. Chester Crown Court also gave Desmond…
Boots agrees £6.7 billion sale to the Weston family
08/10/2026Boots is changing hands for the second time in just over a year. Wittington Investments, the holding company of Canada's Weston family, has agreed to buy the chain's UK and Irish business, Boots Opticians, No7 and its franchised operations for…
Subway sets a new restaurant blueprint for UK franchisees from 2027
08/10/2026Subway has unveiled Blueprint, a new restaurant design and menu model that every new and remodelled site in Europe, the Middle East and Africa will follow from 1 January 2027. The UK is one of the first two markets with…
Aldi names first 10 new UK stores for 2027
08/10/2026Aldi UK has named the first 10 towns and districts where it plans to open new stores in 2027, from Halifax to the Isle of Wight. They are the first sites confirmed out of the 40 openings in its £900…
Admiral Taverns acquires the ten-pub Mountain Pub Company
07/10/2026Admiral Taverns has acquired Mountain Pub Company, a ten-pub community pub business, from investment manager Downing. The pubs join Admiral's Proper Pubs division, which the announcement describes as running 245 community pubs across England, Scotland and Wales. The price has…
