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Tag: threatens

Brewers say failure to cancel beer duty threatens their survival | Business

Brewers have been dealt a “devastating” blow after the chancellor, Rishi Sunak, refused to cancel monthly beer duty payments, prompting warnings that thousands of jobs are at risk. Small breweries and trade bodies said the requirement for them to pay thousands of pounds in beer duty this month threatened their survival, given that off-licences and …

Brewers say failure to cancel beer duty threatens their survival | BusinessRead More

Primark owner says coronavirus threatens clothing supplies | Business

Primark’s owner, Associated British Foods, has warned there is a risk of shortages of some clothing lines later this year if delays in factory production in China are prolonged because of the coronavirus. The virus has killed more than 2,400 and infected more than 77,000 people in China, and slowed growth in the world’s second …

Primark owner says coronavirus threatens clothing supplies | BusinessRead More

French luxury stocks drop as Trump threatens heavy new tariffs

Matthew Lloyd | Getty Images Shares of French luxury goods makers, including LVMH and Hermes, dropped in European trading on Tuesday after President Donald Trump’s administration said it may place heavy tariffs on several goods. LVMH – which includes the brands Louis Vuitton and Hennessy – and Hermes each fell more than 2% following the announcement. …

French luxury stocks drop as Trump threatens heavy new tariffsRead More