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Retail sales in Great Britain fall despite heatwave increasing food and drink demand | Retail industry

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Retail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink.The...
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UK economy on ‘firmer footing’ amid rising services sector activity and consumer confidence – business live | Business

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Introduction: Retail sales fall despite World Cup and hot weather boosting drinks tradeGood morning, and welcome to our rolling coverage of business, the financial...
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Business

Roman Abramovich under investigation in Jersey over corruption and money-laundering claims | Roman Abramovich

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The former Chelsea football club owner Roman Abramovich is the subject of a criminal investigation by the Jersey authorities over allegations of corruption and...
Business

Postal traffic into US plunges by more than 80% after Trump ends exemption | US news

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Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United...
Business

Shein UK accused of moving ‘vast bulk of income’ to Singapore to cut British tax | Shein

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Shein’s UK arm has been accused of transferring the “vast bulk of income” to its Singaporean parent in order to cut its British tax...
Business

EU fines Google nearly €3bn for ‘abusing’ dominant position in ad tech | Google

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European Union regulators on Friday hit Google with a €2.95bn ($3.5bn) fine for breaching the bloc’s competition rules by favoring its own digital advertising...
Business

US added just 22,000 jobs in August, continuing slowdown amid Trump tariffs | US unemployment and employment data

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The US jobs market stalled over the summer, adding just 22,000 jobs in August and continuing a slowdown in the labor market as businesses...
Business

UK businesses cut jobs at fastest pace in four years over summer, Bank of England finds | Economics

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UK businesses cut jobs at the fastest pace in four years over the summer, according to a Bank of England survey highlighting the impact...
Business

Lloyds to warn 3,000 staff they face sack for ‘underperformance’ | Lloyds Banking Group

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Lloyds Banking Group is to warn 3,000 staff that they are at risk of being sacked for underperformance, as part of a management overhaul...
Business

Rachel Reeves’s autumn budget will take place on 26 November | Budget 2025

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Rachel Reeves acknowledged that the UK economy is “not working well enough for working people” as she announced that her second budget will take...
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