UK Economy
Sunglass Hut will open a new store at Cotswolds Designer Outlet in Tewkesbury as part of the centre's first-phase development. The international eyewear retailer plans to offer brands such as Ray-Ban, Gucci, Prada and Oakley. The outlet already boasts high occupancy with a range of fashion and sportswear brands.
Reported by AI
Billionaire Lakshmi Mittal, chairman of ArcelorMittal, is planning to relocate from the UK to Dubai amid rising taxes and policy uncertainty under the Labour government. This move follows recent reforms including hikes in inheritance and capital gains taxes. Other wealthy British Indians, such as tech entrepreneur Herman Narula, are also heading to the UAE.
October 22, 2025 06:26