business / news / / The Guardian
Starbucks’s UK retail arm received a £13.7m corporation tax credit last year.
Starbucks UK received a £13.7m corporation tax credit despite increased sales and store openings.
KEY POINTS
- Losses widened to £41.3m, nearly matching the £40m paid in royalty and licence fees to its parent.
- Royalty fees were paid to Starbucks Emea, which paid $27m in corporation tax but unclear how much in UK.
- Starbucks UK required £90m in cash injections from its parent group to maintain liquidity amid financial pressures.
- The company faces rising costs, including a 35% increase in unroasted coffee prices since August 2025.
COMPANIES
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