Posts Tagged ‘New Year’s Day’

Debenhams criticises chancellor over VAT rise

Debenhams chief executive, Rob Templeman, has made it clear he’s standing shoulder-to-shoulder with fellow retailers in lambasting the Government’s plan to implement the scheduled VAT increase (back to 17.5 per cent) on New Year’s Day. Asserting that chancellor Alistair Darling’s universally criticized decision is a “complete misjudgement”, pointing out that for Debenhams to change every [...]