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Post-Brexit shoppers shift from London to tax-free Paris and Milan in ‘lost opportunity’

The 34,000 tourists who have transferred their tax-free shopping from Britain have also increased their spending from $3,622 per person in 2019 to...

Jennifer Creery

Associated British Foods whose business ranges from grocery and agriculture to clothing expects "significant growth in both profitability and cash...

Lidl and Aldi combined now account for 18% of the UK’s grocery market. Ocado still accounts for less than 2% of the market, despite its sales...

Tesco also announced plans to buy back £1 billion of shares over the next 12 months.

Next expects profit to expand to nearly $1.3 billion this year as rising wages free up British shoppers to spend more on fashion.