B&Q boss urges Reeves to end tax breaks that favour online Chinese rivals

<p>Plea about ‘de minimis’ rule, which has underpinned the rise of the online specialists Shein and Temu</p><p>Rachel Reeves must intervene to assist British retailers by ending an imports tax break that favours Chinese online rivals and rethinking plans for higher levies on large stores, the boss of the DIY chain B&amp;Q has said.</p><p>The outspoken plea comes as the government faces growing pressure over its management of the economy after the Bank of England said when it cut interest rates on Thursday that tax rises were <a href="https://www.theguardian.com/business/2025/aug/07/bank-of-england-cuts-interest-rates-quarter-point-4">contributing to rising inflation</a> and unemployment.</p> <a href="https://www.theguardian.com/business/2025/aug/11/bq-boss-urges-reeves-end-tax-breaks-online-chinese-rivals">Continue reading...</a>