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Chancellor Rachel Reeves announces review of import threshold after concerns about Temu and Shein raised at Spring Fair 2025
UK Chancellor Rachel Reeves has announced a formal review of the "de minimis" threshold—a tax rule allowing imports valued under £135 to enter the UK without customs duties. This significant policy review directly targets Chinese e-commerce platforms such as Temu and Shein, which have been scrutinised for exploiting this loophole to undercut British retailers through ultra-low pricing strategies.
The announcement follows crucial industry discussions that took place earlier this year at Spring Fair 2025, where the threat from Chinese online marketplaces was prominently addressed through open dialogue with major stakeholders, including Temu representatives.
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In an increasingly connected world, international expansion is no longer a distant ambition—it's an essential strategy for businesses looking to scale. Advances in technology, shifting consumer behavi ... -
The Spring Fair 2025 session featuring legendary fashion icon Jeff Banks offered an inspiring glimpse into the evolving world of fashion, branding, and business strategy. As a pioneer with decades of ...
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