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Next mulls price rises as weak pound hurts sourcing costs

2016-09-15 14:07:00| Daily apparel & textile news and comment - from just-style.com

British fashion retailer Next Plc has posted a fall in first-half profits and says the pound's weakness since the Brexit vote is likely to increase sourcing costs by up to 5% next year for the first time in six years.

Tags: price costs weak pound

 

Telefonica details Telxius IPO plan, mulls O2 UK listing

2016-09-05 02:00:00| Total Telecom industry news

Spanish incumbent to float at least 25% of infrastructure arm before the end of the year.

Tags: details plan listing ipo

 
 

Lithuania Mulls With Meat VAT Cut

2016-08-15 02:00:00| ThePigSite - Industry News

LITHUANIA - In a bid to lower the prices of meat and stimulate the domestic demand, the Lithuanian government is considering to reduce the value-added tax (VAT) on fresh and chilled meat.

Tags: cut meat vat lithuania

 

UK Mulls plan to pay Households affected by Fracking

2016-08-07 07:15:00| Climate Ark Climate Change & Global Warming Newsfeed

World Energy News: Britain is estimated to have substantial amounts of shale gas trapped in underground rocks yet fracking applications have struggled to find approval from local communities, concerned about noise and environmental impacts. Last year, then finance minister George Osborne said the government would create a shale wealth fund that would receive up to 10 percent of tax revenue from shale gas developments for investments in communities affected by the projects. May, who took over as prime minister last...

Tags: plan pay affected households

 

Vietnam mulls wage freeze to boost competitiveness

2016-07-26 14:45:00| Daily apparel & textile news and comment - from just-style.com

Vietnam's textile and apparel industry says it expects to miss its export target in 2016 due to slowing consumer demand and increased competition - and has proposed a freeze on wages to address the issues. 

Tags: vietnam boost wage freeze

 

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