Treasury weighs up tax break for landlords who sell to generation rent. Thinktank draws up plan at time when 40% of young adults are unable to buy a home
Tesco (TSCO) chief calls for ‘Amazon tax’ on goods sold online. Lethal cocktail of pressures in retail means 2% charge should be imposed – Dave Lewis. Tesco’s chief executive, Dave Lewis, has called for the introduction of an “Amazon tax” on online sales to prevent more high street chains from going to the wall. The boss of the UK’s largest retailer said the chancellor, Philip Hammond, should impose a 2% charge on goods sold online and said the failure to tax digital firms properly was now an “industry” issue. “Three years ago I talked about a potential lethal cocktail of pressures in the retail industry and now you are seeing that come to fruition,” Lewis said in an interview with The Mail on Sunday.
The party’s over for Club 18-30 as Thomas Cook retires the brand. Last trip for holidaymakers will be from Manchester to Magaluf on 27 October. In its prime the drunken trysts of Club 18-30 holiday reps and revellers provided the action for a fly-on-the-wall TV series so debauched the then Tory MP Ann Widdecombe labelled it “moral anarchy”. However, the party’s over and 2018 will be the last summer of love for Club 18-30: its owner Thomas Cook Group (TCG) is retiring a brand that once attracted hundreds of complaints after using the advertising slogan “Beaver Espana” to attract bookings. The tour operator had put the name, which has been going since the 60s, up for sale in the spring but has decided to axe it after offers fell short of its expectations.
