LATEST BUSINESS NEWS

Shoppers in central London

UK retail sales drop for fourth month in a row

A view of houses

Estimated £360m Covid rent debt crisis will escalate, warns charity

Power lines

Wholesale energy prices soar following National Grid fire

London skyline

Potential overhaul of traffic light system lifts airline stocks on London’s FTSE

A person using a laptop

Abu Dhabi and foundation linked to Ikea invest in full fibre broadband

An HMRC tax reminder advert

Tax gap was £35bn in 2019/20, says HMRC

Feet in flip flops on a beach

Teletext Holidays threatened with court action over refund failures

A Wickes store

Wickes beats profit targets as DIY demand stays strong

Houses under construction

Galliford Try managing supply chain issues amid return to profit

Asos

Asos pledges to cut total emissions in new net zero plan

Ulla Sandells serves customers at Toolstation in Bristol (Adam Gasson/PA)

Toolstation to open new distribution centre

Marks and Spencer

Marks & Spencer blames Brexit supply woes for French store closures

A John Lewis partner cleans a counter

John Lewis Partnership narrows losses despite £54m hit from redundancies

A Pets at Home store

Pets at Home announces plans to close on Boxing Day

BT logo

BT creating 1,000 new jobs in regional office move

A Co-op store

Co-op warns supply chain crisis will push up prices and put pressure on profits

Ryanair planes

Ryanair to create 5,000 jobs over five years

A cigarette

Philip Morris confirms majority of inhaler firm shareholders agree to takeover