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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

‘Financial wellbeing’ app targets low-wage workers with high-interest loans | Borrowing & debt

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Low-wage workers are being offered a controversial new type of high-interest loan of up to £25,000 through the “financial wellbeing” app Wagestream, a specialist...
Business

Most of Trump’s tariffs are illegal, federal court rules | Trump tariffs

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Donald Trump overstepped his presidential powers with most of his globe-rattling tariff policies, a federal appeals court in Washington DC ruled on Friday.US law...
Business

UK bank shares tumble after call for windfall tax on lenders in budget | Banking

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UK bank shares tumbled on Friday, cutting the combined stock market value of some of the biggest companies in the sector by more than...
Business

Peer asked British diplomat to help Ghana goldmine in which he held shares | Richard Dannatt

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A member of the House of Lords asked a senior British diplomat to help a Ghanaian goldmining venture in which he held shares, claiming...
Business

Federal Reserve governor Lisa Cook sues over Trump’s ‘illegal attempt’ to fire her | Business

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The Federal Reserve governor Lisa Cook has filed a lawsuit against Donald Trump over his “unprecedented and illegal attempt” to fire her, calling it...
Business

Property tax threat is slowing down housing market, say UK agents | Housing market

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Speculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate...
Business

Confidence in UK services sector falls amid rising costs and weak demand | Services sector

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Business confidence plunged this month across the UK’s services sector as mounting cost pressures and weak demand hit profits and undermined the outlook for...
Business

More pain for Reeves as government borrowing cost nears 27-year high | Government borrowing

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The cost of UK government borrowing has jumped to near a 27-year high, piling pressure on Rachel Reeves to reveal how she will tackle...
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