‘Tough market conditions’ hit UK half-year retail sales at Frasers Group Owner of Sports Direct chain says consumer confidence ‘very subdued’ with sales at sports division down 5.8%
Versace creative director leaves shortly after fashion house’s $1.4bn sale to Prada Dario Vitale exits after one season, having taken the helm from Donatella Versace
Dryrobe wins trademark case against rival waterproof changing coat D-Robe Favourite with cold water swimmers wins court case in London forcing brand to stop selling infringing items
Budget uncertainty triggers plunge in UK construction activity; Trustpilot shares slump after short-seller claims – as it happened Rolling coverage of the latest economic and financial news
Rachel Reeves will not be investigated over pre-budget briefing, FCA says Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials
What has gone wrong at Zipcar – and is UK car-sharing market dead? Vehicle hire firms have struggled to succeed in London but other European countries offer examples to follow
Crypto investor gives £9m to Reform UK as donations exceed those to Tories Christopher Harborne’s record gift revealed in Electoral Commission figures prompts renewed calls for cap on political donations
UK’s small brewers call for chancellor to think again on business rates Trade group tells Rachel Reeves her property tax changes threaten the survival of community pubs
Water plant that caused Tunbridge Wells supply failure was given risk notice in 2024 Watchdog investigating South East Water contamination issue had previously warned of potential health danger
Record numbers becoming billionaires through inheritance, UBS report finds Swiss bank says bequests made 91 people billionaires, while overall number jumped from 2,682 in 2024 to 2,919 this year
Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials Co-founders’ acquisition of Venture Global shares before key permit granted draws scrutiny as pair deny wrongdoing
Households face higher energy bills as £28bn grid upgrade gets go-ahead Plan to improve gas networks and rewire electricity systems across Great Britain likely to add £30 to average annual bill
‘People had forgotten about it’: onboard the 7am Manchester-London train service saved from axe Passengers welcome climbdown and say plan to turn Avanti West Coast service into ‘ghost train’ made no sense
Refinancing is delayed at Thames Water. If Ofwat is playing hard, it should keep going Discussions are ‘taking longer than expected’, which may mean regulator is tearing chunks out of creditors’ proposal
‘I’m rapt!’: meatball chants but no mania as New Zealand assembles for first Ikea store Overnight camping was banned and motorists were told to plan their journey as New Zealand finally joined the flatpack family