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UK shop price inflation rose faster than expected in January, driven by higher food prices and sustained cost pressures across the retail sector.
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The measures include a reduction in new business rates bills from April, a real-terms freeze for subsequent years and a review of how pubs are valued for taxation.
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From late January 2026, heat networks serving shops, offices and mixed-use developments fall under regulatory oversight by the national energy regulator.
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The CEO has run the group for nearly four decades and oversees more than 70 brands, including Dior and Tiffany.
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