Boohoo may snip contracts with suppliers. | UK |

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Boohoo may snip contracts with suppliers. | UK |

Online major Boohoo has asked its team to bring all production in-house and cut ties with individual suppliers. Boohoo has set a deadline of 5 March to stop getting work from outside labor after analyzing a report released last year.

Rolls-Royce will close plants for two weeks

• Last November, the company had informed the employees about the closure and had said the loss of these two weeks’ pay would be equally distributed over the year.

* Tesco asks Sunak to levy 1% sale tax on all online retailers

Ken Murphy, chief executive officer of Tesco, has asked Chancellor Sunak to levy sales tax on online retailers. The chief executives of 18 companies have written to Chancellor Rishi Sunak and called for a 1% sales tax to be levied on all online retailers.


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