Hannah Boland

1 week ago | telegraph.co.uk | Hannah Boland

The boss of Sainsbury's and Argos has urged Sir Keir Starmer to close a tax loophole used by Chinese retailers amid growing fears that Donald Trump's trade war will fuel a surge in cheap imports to Britain. Simon Roberts said urgent action must be taken to ensure "everyone is paying their tax wherever they're operating from", increasing pressure on the Government to stop companies such as Shein and Temu profiting from the de minimis rule.

1 week ago | msn.com | Hannah Boland

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1 week ago | telegraph.co.uk | Hannah Boland

He later suggested expanding LVMH's factories in the US to seize on growing demand in the country. Since then, however, the luxury sector has taken a beating as Mr Trump ramps up his trade war. Spiralling tariffs on China and uncertainty over further levies have dampened consumer spending in the US. LVMH's share price has slumped by more than a third since January. The news that LVMH is now vying with Hermès to be the world's largest luxury company will sting Mr Arnault.

1 week ago | msn.com | Hannah Boland

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

1 week ago | msn.com | Hannah Boland

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.