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Estée Lauder sues Jo Malone over use of her name on Zara fragrance

Cosmetics firm takes legal action against London-born perfumer who sold brand and rights to her name in 1999

Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn

UK companies struggling to hire young people amid cost pressures, MPs told

Business lobby groups say firms less likely to take on staff with few qualifications or who have gaps in their CVs

Ending UK customs relief on low-value imports could push up prices, BCC says

Business group warns of harm to small firms and trade as it calls for phased end to ‘de minimis’ exemptions

Supermarkets hit by falling demand for nitrite-cured bacon due to cancer fears

Sales of products made the traditional way dropped 7% in three months to 25 January while nitrite-free sales rose 20%

UK supermarket chain Iceland drops trademark dispute with Iceland

Company promises ‘rapprochement discount’ for shoppers from country after decade-long action in EU court

£25 for a cookie? What the baffling luxury bakery boom tells us about Britain

Amid a cost of living crisis, pricey patisserie is all the rage – and not just in London. Our reporter goes on a crawl to find out if a tart can really be worth £45

Surprise jump in UK grocery inflation makes interest rate cut less probable

ECB says Middle East war could cause higher inflationary pressure and warns of potential ‘sharp drop in output’

Young fashion fans help UK charity shops thrive on struggling UK high streets

Sales beat wider retail sector last year thanks to customers inspired by websites such as Vinted, industry body says

Sainsbury’s to cut 300 jobs as it restructures tech team and Argos deliveries

Head office job losses part of plan for more separation between supermarket and Argos businesses

Hornby sells slot car racing brand Scalextric for £20m

Purbeck Capital Partners seals deal with model railway maker for toy racing car business and IP rights

Ocado failing to deliver on its potential as one of UK’s great technology hopes

Firm’s automated warehouses are struggling to compete against swift deliveries from stores by bike riders

Plan to pedestrianise London’s Oxford Street given official go-ahead

Sadiq Khan promises to create ‘world-leading urban space’, with remaining traffic removed this summer

Ocado to cut 1,000 jobs in £150m cost-saving drive

Retail technology business to reduce about 5% of global workforce, with two-thirds of job losses affecting UK

John Lewis scraps £500m deal to build 1,000 rental homes

Retailer said ‘fundamental shift in economic conditions’ made it hard for financial partner Aberdeen to raise funds

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  • Lucy Powell agrees Ed Miliband would be ‘good’ as Andy Burnham’s chancellor
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  • Ministers urged to curb energy costs as Great British homes face 13% bill surge
  • ‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
  • Spirit airlines is dead and a bus travel boom looks likely – but will Greyhounds ever be cool again?
  • Ed Miliband as chancellor would benefit every part of the UK – and the bond markets
  • When it comes to taxing the super rich, there’s no need to reinvent the wheel
  • Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’
  • Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy
  • Will Andy Burnham ‘go big’ in expanding the role of the state?
  • Lost your crypto access code? Be wary, there‘s a scam for that too
  • Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them
  • Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?
  • The AI bubble has further to run despite the looming crash
  • Trump threatens 100% tariff on European countries that impose digital tax
  • Here’s what to do if your StubHub World Cup resale ticket is canceled
  • Parents booking air-conditioned hotels to keep babies safe in UK heatwave
  • Reporter urges US supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
  • ‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
  • ‘Make people dream’: how to build an economy for the common good
  • ITV shelves rugby in-game adverts after brands pour cash into World Cup instead
  • Revolut pushes new recruits into office in shift from ‘remote-first’ policy
  • First major hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war

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