June 14, 2026
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1:19Now PlayingChinese export data shows $1.8 billion of cheap parcels entered the UK between December and April, more than France and Germany combined. #china #uk #business #worldnews #temu
Large British retailers are pushing for the UK government to close a tax loophole that they say is helping online giants gain market share, with Chancellor Rachel Reeves promising to do so by 2029.
Retailers say the 2029 deadline is not soon enough and are urging the government to accelerate the crackdown, citing the need to support UK retailers and generate significant tax receipts for the Treasury.
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