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British retail sales jump as online jewellery firms offer surprise Christmas sparkle

Sales volume rise of 0.4% in December confounds forecasts as new survey shows sharp rebound in consumer confidence

‘I’m picking winners’: UK business secretary takes activist approach to economic growth

AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regions

Friday briefing: What the mood at Davos can tell us about a changing world order

In today’s newsletter: As global tensions rise, this year’s Davos gathering reveals a world struggling to adapt to shifting power dynamics and the erosion of old certainties

Campaigner launches £1.5bn legal action in UK against Apple over wallet’s ‘hidden fees’

James Daley says anti-competitive behaviour led to additional charges that have pushed up costs for millions

UK savers urged to move fast for the best deals paying up to 4.5%

Despite the recent interest rate cut, many fixed-rate bond or easy-access account rates have held up longer than expected

The Australian dollar is (oddly) rising – what does ‘sell America’ sentiment have to do with it?

So much for the ‘Trump trade’ – investors are moving money out of US assets amid tariff disputes, attacks on the Federal Reserve and concerns over government debt levels

Trump sues JPMorgan Chase and Jamie Dimon for at least $5bn

US president alleges JP Morgan stopped offering him banking services in wake of January 6 attack

JP Morgan chief Jamie Dimon took home $43m pay last year

Bank hails Dimon’s ‘exemplary leadership’ as package for one of corporate America’s best-paid bosses rose 10%

Get out of Greenland mode and stand up for yourself, Zelenskyy tells Europe

Ukraine president accuses EU leaders of waiting for direction from Donald Trump in blistering speech at Davos

Former FTX crypto executive Caroline Ellison released from federal custody

Ellison testified against Sam Bankman-Fried, FTX’s founder and her ex-partner who was sentenced to 25 years in prison

Gordon Ramsay says tax changes will make restaurants ‘lambs to the slaughter’

Celebrity chef warns UK government’s plans for higher business rates from April ‘simply will not work’

Trump claims world ‘richer, safer’ than year ago at launch of his ‘board of peace’

US president holds signing ceremony at World Economic Forum amid concerns new body seeks to replace UN

‘We have to stand together’: Minnesota economic blackout organizers push to take demonstrations nationwide

Minnesotans urged not to work, shop or go to school as part of protests against ICE and the death of Renee Nicole Good

Ubisoft cancels projects and announces restructure in fight to stay competitive

Video game publisher to cancel Prince of Persia remake and close studios after several difficult years

Senators urge Ford to disclose suspected lobbying over Trump’s climate rollbacks

Sheldon Whitehouse adds auto giant to investigation after US president claimed CEO requests changes to regulations

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  • Every Briton should stockpile water and food supplies, government advises
  • US judge orders Trump to sit for deposition in $10bn lawsuit against BBC
  • Race to rearm: Telford gun hall brings tank barrel production back to the UK
  • Revealed: billionaire Reform donor was in business with foundation linked to Iranian regime
  • ‘No indications’ PHP code flaw has led to government systems being hacked, cyber security official says – as it happened
  • Cyprus police investigate financial and tax affairs of ex-Chelsea owner Roman Abramovich
  • Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill
  • Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
  • Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – as it happened
  • Marine life in Gulf of Mexico has still not fully recovered from 2010 BP oil spill
  • Tax online sales more heavily to save high streets, Burnham urged
  • Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals
  • Oil prices jump to five-month high as attacks threaten global supply
  • Too little, too late: Trump takes on gas prices as fuel costs hamper his midterm hopes
  • Sainsbury’s expects challenging run-up to Christmas as households feel squeeze
  • Maritime and port workers: how is the Middle East conflict affecting you?
  • Big pharma accused of ‘free-riding on nature’ as global fund attracts just $7,000
  • French borrowing costs overtake US amid budget turmoil
  • You be the chancellor: play our budget game to see if you can balance the books
  • Waitrose opens first new supermarket in eight years in north London
  • Tesla beats earnings projections after Musk floats SpaceX merger plan
  • Energy secretary leaning towards rejecting Rosebank oilfield
  • Jackdaw approval is a step towards a grownup North Sea policy
  • Booking.com under investigation by EU regulators over fake listings and scams
  • Total UK government debt hits £3tn for first time while inflation jumps to highest in nearly a year – as it happened
  • Cost-of-living crisis? You wouldn’t know it by looking at these companies’ profits
  • Double blow to Healey as inflation rises to 3.5% and monthly deficit hits £24bn
  • French borrowing costs hit 24-year high as civil unrest and budget fears spook markets
  • Bereaved civil service families could face ‘unjust’ tax bills due to pension scheme delays
  • Stratford International on track to get cross-Channel trains in budget boost

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