Retail

Romaniaโ€™s Trump sets his sights on foreign companies

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Cฤƒlin Georgescu tells POLITICO that foreign investors are too prevalent in key utility sectors thanks to a wave of unjustified privatizations.

Dead drops, PR stunts and punishment beatings: the rapid rise of Russiaโ€™s powerful darknet drug industry

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Tech-savvy organised crime groups profiting from billion-dollar enterprise that is spreading beyond Russian bordersAt any one moment in towns and cities across Russia, thousands of drug packages lie buried in the ground, attached by magnets to lamp-pos…

German discounters crush fresh produce prices โ€” and suppliers too

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Banana exporters from Ecuador describe a recent Lidl offer as the โ€œstraw that broke the camelโ€™s back.”

Bank of England prepares to cut rates despite U.S. election turmoil

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Analysts see a 25 basis point cut as the most likely result tomorrow, but political uncertainty clouds the outlook going forward.

Far from the race he once envisioned, Joe Biden closes out contest in Scranton

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As Kamala Harris makes her final dash, the president sticks close to home.

Britain cranks up taxes by ยฃ40B and gambles on growth

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Labour’s Rachel Reeves signaled that the new British government plans record tax rises on the wealthy and on business.

The eurozone economy is not dead (yet)

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The Paris Olympics, sustained “revenge spending” on tourism and surprising strength in German domestic demand help offset a slump in manufacturing.

Meet the gun-toting Brits who will vote for Donald Trump

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A British tea room in the swing state of Georgia plays host to some unlikely political views.

โ€˜All Trump, All the Timeโ€™ โ€” Inside the Trump campaignโ€™s media strategy

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A top Trump adviser opens up about the effort to court a different set of voters.

Ben Bradleeโ€™s posthumous advice to Jeff Bezos: You need to sell The Washington Post.

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A spiked editorial puts the ownerโ€™s conflicts in a sharp light. And the uproars are only going to keep coming.

Press release – EU aid worth โ‚ฌ2.7 million to support 365 dismissed retail workers in Belgium

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365 workers of the retail chain Match-Smatch who lost their jobs following store closures and layoffs will receive โ‚ฌ2.7 million in EU aid to help them find work.Committee on Budgets Source : ยฉ European Union, 2024 – EP

Press release – EU aid worth โ‚ฌ2.7 million to support 365 dismissed retail workers in Belgium

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365 employees of the retail chain Match-Smatch who lost their jobs following store closures and layoffs should receive โ‚ฌ2.7 million in EU aid.Committee on Budgets Source : ยฉ European Union, 2024 – EP

Europeโ€™s e-commerce strong growth challenges China, US dominance

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“We need to ensure a level playing field and effective enforcement of EU,” says Luca Cassetti, secretary general of Ecommerce Europe.

Germanyโ€™s Lindner curbs hopes for EU bias in CMU retail investment plans

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While EU policymakers step up efforts to convince Europeans to invest more of their savings into European assets rather than abroad, German Finance Minister Christian Lindner said on Tuesday (24 September) that citizens would be well-advised to invest …

On Falling review โ€“ the strip mining of an online warehouse workerโ€™s sanity

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Laura Carreiraโ€™s impressive debut drama sees a quietly excellent Joana Santos endure dehumanising work conditions while looking for a way outThe human cost of the online convenience shopping revolution is, arguably, still to be properly addressed in ci…

Labor unrest threatens to upend Harrisโ€™ economic pitch

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Tens of thousands of Boeing workers went on strike last week, with other strikes looming โ€” including one that could spell economic disaster for the country, and for Kamala Harrisโ€™ campaign.

What Keir Starmerโ€™s Advisers Told Democrats in Washington

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Two advisers to the British Labour Party pushed Kamala Harris allies to focus squarely on immigration and the cost of living.

What Keir Starmerโ€™s advisers told Democrats in Washington

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Two advisers to the British Labour Party pushed Kamala Harris allies to focus squarely on immigration and the cost of living.

WH Smith launches ยฃ50m share buyback after strong summer

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Rise in travel-related sales benefits retailer, with group revenue up 7% in year to end of AugustWH Smith is to give investors a ยฃ50m windfall as holidaymakers snapping up travel essentials helped boost summer sales at the retail chain.The retailer sai…

What Kamala Harris Should Learn From Richard Nixon

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Try not to wreck the economy.

Parisโ€™s department stores transformed urban life. What can they teach todayโ€™s struggling shops?

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Inspired by opera houses, the grands magasins were astonishing spectacles, built on a pharaonic scale. A new exhibition in the French capital charts the golden age of a dying conceptOn the top floor of the fabled La Samaritaine department store in Pari…

The MEPs who actually matter

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Here are 11 EU lawmakers to keep your eye on in the new term.

The magnificent mind of Emmanuel Macron

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The president is a lonely, tragic figure whose strange personality has inflicted chaos and carnage on French politics.

How Taiwan Conquered US politics โ€” and showed Europe how itโ€™s done

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The island democracy off the coast of China has wooed friends in every U.S. faction and region โ€” and thatโ€™s its greatest source of strength and protection.

How the Tory election campaign melted down in six disastrous weeks

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Rishi Sunak played a bad hand appallingly โ€” and paid a terrible price.

How to navigate Hungaryโ€™s EU presidency policy agenda like a pro

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The countryโ€™s Council stint will be marked by political change in Brussels following the EU election.

Europe is running out of heroin. The alternatives are much worse

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Nitazines from China are penetrating Europe, causing almost 100 deaths in Latvia and Estonia last year.

No, youโ€™re a banker! Sunak and Reevesโ€™ City backgrounds weaponized in UK election

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Both the prime minister and shadow chancellor were employed in the banking sector during the 2008 financial crash

UK clothing sales to EU plummet as Brexit red tape deters exporters

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Small and medium-sized firms badly hit as huge drop in apparel sales helps fuel 18% slide in all-non food exportsUK exports of clothing and footwear to the EU have dived since Brexit, according to a new study that shows the extent to which complex regu…

Labourโ€™s election policy positions, tracked

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Absolutely everything you need to know about what the opposition party is promising ahead of the July 4 election.

US Democrats in full-blown โ€˜freakoutโ€™ over Biden

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One adviser to major Democratic donors keeps a running list of reasons Biden could lose.

David Beckham becomes ambassador for Chinese tech group sponsoring Euro 2024

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Ex-England footballerโ€™s deal with Alibabaโ€™s AliExpress follows tie-ups with Hugo Boss and SharkNinjaThe former England footballer David Beckham has signed up as a global ambassador for AliExpress, an online retail platform owned by the Chinese tech gro…

If you think Biden has troubles, just look at Trudeau

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The Canadian prime ministerโ€™s grim poll numbers stoke speculation about his future.

Brexit staff shortages scupper plans to reopen Clarence House to the public

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Palace officials have struggled to find the workers needed to open the doors at the kingโ€™s London home this summerEven the monarchy is not immune to Brexit. The kingโ€™s London home, Clarence House, will be closed to tourists this summer because of staff…

How Putin hijacked Austriaโ€™s spy service โ€” and is now gunning for its government

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Intelligence officials suspect Wirecard COO Jan Marsalek of colluding with the far-right Freedom Party on Moscowโ€™s behalf.ย 

Oreo and Toblerone-maker gets โ‚ฌ338M EU fine for illegally breaking up EU single market

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Company stopped retailers from buying popular brands for less elsewhere in EU

France lands record โ‚ฌ15B in foreign investments as Macron hosts business summit

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Microsoft, Amazon and Pfizer are among the firms set to pledge billions of dollars in investments at the ‘Choose France’ summit in Versailles.

Ukraineโ€™s investigative journalists are facing intimidation

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While the level of corruption in the country may be on the decline, itโ€™s far from over โ€” and pressure on journalists is only mounting.

Officials warn of risks to โ€˜certain groupsโ€™ of people amid bird flu outbreak in cows

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US federal testing and surveillance of the outbreak has so far lagged since initial detection in dairy cows more than a month ago.

Europeโ€™s banks retreat from Moscow, with the ECB at their heels

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A grinding, slow process nears its end.

Bird flu in US cows: Should Europe be worried?

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One in five samples of retail milk in the U.S. have tested positive for viral fragments.

Elephants trample on German coalitionโ€™s fragile vibes

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German liberal targets the Greens in making case to allow trophy-hunting imports.

Food retail sector sees first signs of recovery after years of tight spending, report says

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The European food retail sector is showing early signs of recovery after years of tight spending due to inflation, though consumer behaviour remains divided, according to a report by McKinsey released on Wednesday (10 April).

Intensive pig farming hogs scarce water in drought-hit Catalonia

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Europeโ€™s top pork-producing region is ground zero for intensive systems that devour scarce water and cause nitrate pollution.

Big Chocolate is conning you this Easter

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Traders, manufacturers and retailers are all blaming each other for record prices.

Nearly 1,000 jobs at risk as Ted Baker prepares to appoint administrators

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Authentic Brands announces move for brandโ€™s Europe retail and online arm after โ€˜damage doneโ€™ during tie-up with Dutch companyTed Bakerโ€™s European retail and online arm is to appoint administrators, putting almost 1,000 jobs at risk at the British brand…

A decade of pension freedoms

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SNEAK PEEK โ€” Ten years since Osborneโ€™s pension freedoms announced. โ€” Rachel Reeves outlines a Labour economic recovery. โ€” Treasury Committee looks at HMRC loan charge. Good morning readers! Today weโ€™re looking back on the ten years since Osborne introduced pension freedoms. How the worldโ€™s changed since then โ€ฆ Weโ€™ve also got a preview of [โ€ฆ]

Buy now, regulate later

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SNEAK PEEK โ€” Labour gets thinking on Buy Now, Pay Later regulation. โ€” Fintechs argue fraud payments legislation is unsuited to their needs. โ€” FCA looks into treatment of vulnerable customers. Good morning readers! We hope you had a lovely weekend. To ease you into what will likely be yet another grey morning, weโ€™ve got [โ€ฆ]

Labour enters shark attack mode

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SNEAK PEEK โ€”ย Labour goes after City fat cats โ€” but expect a fight. โ€” Government finally unveils autumn statement ISA reform legislation. โ€” Car loan mis-selling bill wont hit PPI-scale disaster, says FCA boss. Happy Friday!ย We made it! After another busy week MFS U.K. has more content goodness for you to get through before you [โ€ฆ]

EU Commission investigates AliExpress for potential breach of EU digital rulebook

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The European Commission announced its investigation into AliExpress on Thursday (14 March), about whether the online retail service violated the EU’s Digital Services Act (DSA).

Labour called on to quash snooping bank bill

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SNEAK PEEK โ€” Labour peer criticizes own partyโ€™s efforts on DWP snooping bill. โ€” Hunt and Martin Lewis at odds over budget leaks. โ€” Insurers finally extend flammable cladding home cover.ย  Happy Thursday! Weโ€™re all so close to the end of the week but there are still plenty of financial services goodies to get through [โ€ฆ]

City vs government in Russian freeze to seize debate

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SNEAK PEEK โ€” U.K. government scared of seizing Russian assets, MP says. โ€” Treasury talks tough on fraud with new rules for banks. โ€” City minister summons banks to chat growth. Good morning readers!ย  Absolute ripper of a newsletter today, if we do say so ourselves. Read on to get the latest on why an [โ€ฆ]

Building Europeโ€™s Green Transition and Retirement Securityย  โ€“ Listed Real Estateโ€™s Dual Role in Global Megatrends

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Exploring the property sectorโ€™s contribution to the European economy, green transition, retirement security for millions of people and the marketโ€™s clear demand for regulatory stability.

Sexism and the City

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SNEAK PEEK โ€” Sexism rife in the City: MPs call for more legislation. โ€” Think tanks give U.K. economy poor score post-budget. โ€” Global banks face new rules to prevent capital โ€œwindow-dressing.โ€ Good morning and happy Friday to our readers. Today, itโ€™s International Womenโ€™s Day, and the Treasury Committee has things to sayโ€ฆ DRIVING THE [โ€ฆ]

Big banks vs little banks in the battle of who pays for failure

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SNEAK PEEK โ€” Banks: who pays if smaller ones collapse? โ€” Budget highs, lows, and no-gos. โ€”City minister meets with top female finance gurus ahead of International Womenโ€™s Day. Good morning! Today weโ€™ve got battling banks, budget chat and crypto. Keep reading! DRIVING THE DAY BIG BANKS AND SMALL BANKS BATTLE OVER WHO SHOULD PAY [โ€ฆ]

Budget bonanza

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SNEAK PEEK โ€” Budget expectations, from National Insurance cuts to inheritance tax latest. โ€” Bank capital treatment of SMEs might scupper retail-heavy budget plans. โ€” FCA investigates banksโ€™ loans to small businesses amid โ€œsuper complaint.โ€ Good morning โ€ฆ ITโ€™S BUDGET DAY! POLITICO reporters have been running around like headless chickens trying to get the goss. [โ€ฆ]

Big debt and little budget

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SNEAK PEEK โ€” Government should measure debt management better, MPs say. โ€” Budget latest as Hunt looks to play it safe. โ€” Banks try to solve Companies House mystery. Good morning readers! Budget day beckons โ€ฆ are you excited? Today weโ€™ve got a damning report from MPs, budget goss, and depressing mortgage stats. Just another [โ€ฆ]

Welcome to budget week

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SNEAK PEEK โ€”ย  Wednesdayโ€™s budget looms and weโ€™ve got the details. โ€”ย  Bank of England told to clamp down on excessive compliance breaches. โ€”ย Change of rules to allow fractional shares in ISAs set for delay. Good morning readers! We probably donโ€™t need to remind you that itโ€™s budget week this week. Itโ€™s going to be [โ€ฆ]

Settling a potential Brexit dividend

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SNEAK PEEK โ€”ย Geffen report on securities settlementย reforms imminent. โ€”ย Investors pour cold water on Huntโ€™s GB ISA plans. โ€”ย Car loan redress will have โ€œnegligible impactโ€ on most major banks. Good morning! Welcome to Friday โ€” we made it, everyone.ย  To help you, dear readers, to the weekend we have plenty of great gear, including a report [โ€ฆ]

MPs probe impact of UKโ€™s sanctions on Russia

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SNEAK PEEK โ€”ย  Treasury Committee launches probe into effectiveness of Russian sanctions. โ€” Banks criticized for debanking SMEs while keeping fraudsters on the books. โ€” City minister piles pressure on PRA over bank capital reforms. Good morning and happy leap day! Itโ€™s Thursday and you all know what that meansโ€ฆ.this is the second last MFS [โ€ฆ]

FCA name-and-shame plansย get immediate backlash

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SNEAK PEEK โ€”ย  Industry criticizes FCA plans to name firms under investigation. โ€” Lenders โ€œdebankingโ€ SMEs en masse, committee finds. โ€” U.K. fiscal policies donโ€™t match economic situation, claims economist. Good morning! Wowee, what a hectic day Tuesday was in the world of financial services.ย Iโ€™ve barely recovered from the many committee hearings, conferences and consultations [โ€ฆ]

Government eyes City as conduit for philanthropy

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SNEAK PEEK โ€• Government wants City firms to encourage wealthy clients to give money to charities. โ€• Market-based finance causing headaches for the Bank of England. โ€• Hunt warned not to cut taxes without spending review. Good morning! I hope you all survived the arctic-like weather yesterday and are sufficiently warm enough to read todayโ€™s [โ€ฆ]

Labour gets boozy with the City

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SNEAK PEEK โ€”ย  Rachel Reeves schmoozes City bigwigs at London reception. โ€” Defense sector fights back against debanking. โ€” Bank of England hosts talking shop on handling risks to the financial system. Good morning! Welcome to week two of the MFS U.K. newsletter โ€• we made it! We hope you are enjoying it thus far, [โ€ฆ]

10 ways a second Trump term could be more extreme than the first

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From nationwide abortion bans to classroom culture wars, assaults on climate science and political weaponization of the military, his return to the White House could make Trump 1.0 seem tame.

Hunt attempts to woo first-time buyers

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SNEAK PEEK โ€” SCOOP: Hunt to court first-time buyers with lifetime ISA shake-up. โ€”ย Bim Afolami defends โ€œdamp squibโ€ Edinburgh reforms. โ€”King Charles III will be on your fivers from June 5. Good morning! Weโ€™re writing to you from our London HQ. Perhaps one day weโ€™ll write from the BT Tower, which is due to become [โ€ฆ]

Putin kills off the handsome princes

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They say authoritarians who survive have a talent for identifying and eliminating the greatest threats to themselves.

The Real Russian Men That Threatened Vladimir Putin

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They say authoritarians who survive have a talent for identifying and eliminating the greatest threats to themselves.

Britainโ€™s Westminster power couples โ€” 2024 ranking

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A look at the love matches wielding political power.

Press release – Ensuring euro money transfers arrive within ten seconds

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On Wednesday, MEPs adopted new rules to ensure transferred funds arrive immediately into the bank accounts of retail customers and businesses across the EU.Committee on Economic and Monetary Affairs Source : ยฉ European Union, 2024 – EP

30 Things Joe Biden Did as President You Might Have Missed

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Drone armies, expanded overtime pay and over-the-counter birth control pills are just some of the new things Biden has ushered in as president that you might not have heard about.

Saying Nothing much at all, to General Acclaim โ€“ The Windsor Framework Relaunch

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Colin Murray,
Professor of Law, Newcastle Law School

Photo credit: en:User:Dom0803,
via Wikimedia
Commons

The landing space in which to do
a deal on the Windsor Framework and make it stick, second time round, was
remarkably small. The hard w…

France axes tractor fuel hike, cuts red tape to appease angry farmers

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French Prime Minister Gabriel Attal is looking for a way out of his first political crisis as farmersโ€™ protests spread across the country.

Amazon skips concessions to EU on iRobot deal

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There’s a final deadline of February 14 for the EU to clear the deal unconditionally or veto it.

The NHSย is facing the longest strike in its history. Hereโ€™s why

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Professional body says pay of junior doctors must increase by 35 percent to make up for real losses since 2008.

Demand soars for Dutch first editions of book naming UK royals in race row

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Copies of book about British monarchy changing hands on resale websites for up to โ‚ฌ175Dutch first editions of the book Endgame, which names two members of the British royal family alleged to have discussed the skin colour of the Duke and Duchess of Sus…

UK Labour Party admits itโ€™s not ready for government โ€” yet

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“We’d be fucked if there was an election tomorrow,” party officials say, as talks with civil service put on ice.

Live Facial Recognition for Law Enforcement: The European Unionโ€™s Regulatory Approach Should be Informed by UK Policeโ€™s Practice

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Asress Adimi
Gikay (PhD)

Senior Lecturer in
AI, Disruptive Innovation, and Law at Brunel University London

Photo credit: Dirk
Ingo Franke, via Wikimedia
Commons

 

Divergent
Approaches to Regulating Live Facial Recognition …

Why more leading companies are helping to tackle harmful drinking

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Leading producers are growing a movement that can accelerate the reduction in harmful drinking and better promote a more responsible drinking culture.

Finnegas BETA

An Eccentri(; Enterprise