Labour to crack down on ‘dodgy’ candy stores in push to revive high streets Party says American-style sweetshops – some under investigation for tax evasion – are ripping off public
Christmas Eve shopper numbers fall amid Sunday trading and cost-of-living crisis Footfall was nearly 7% lower than last week and more than a fifth down on 2022 levels
What does your choice of Christmas bauble say about you? Be it fish and chips or a cake mixer, mini versions of household favourites to eat, drink and do are now a festive bestseller
Chocolate treats for Christmas 2023 jump in price at UK supermarkets Fun-size packs of bars, Milk Tray and Quality Street up by at least 50% since 2022 as cocoa, sugar and packaging costs rise
UK retailers hope for last-minute sales rush before Christmas Online stores take biggest hit as overall takings this weekend likely to be 4.5% down on last year
Rail fares in England to rise 4.9%; UK economy on brink of recession; US PCE inflation slows – as it happened UK GDP fell by 0.1% in July-September, worse than first estimated, raising fears of a recession
Britons increasingly turning to food black market, experts say Exclusive: Goods such as meat, cheese and confectionery stolen in large amounts to be sold to people hit by high cost of living
Nike to axe hundreds of jobs in bid to save $2bn amid sales slump US sportswear brand announces job cuts and simplification of product ranges in ‘streamlining’ of operations
Harrods opens private members’ club in Shanghai costing £16,500 a year Private jet flights and rare whiskies on offer at 250-member club aimed at wealthy Chinese people
New pressure to cut interest rates as UK economy falters and US inflation dips Inflation fall to 3.2% fuels calls for Federal Reserve to cut rates sooner as UK GDP figures push economy towards recession
Ikea warns Red Sea attacks could disrupt supplies and deliveries Firm says it is weighing up options to secure product availability amid Yemeni rebel attacks on shipping
Less fun and games for UK toy shops at Christmas 2023 As struggling households cut the number of gifts retailers reckon 5m fewer toys will sell in this year’s traditional ‘golden quarter’
More than 100 container ships rerouted from Suez canal to avoid Houthi attacks Cape of Good Hope diversion adds 6,000 nautical miles and three or four weeks to delivery times and has driven up oil prices
UK inflation: which goods and services have changed most in price? From sugar to bread and transport to recreation, how the cost of everyday items varies
Asda owner faces rise in servicing £4bn debt, MPs told Group faces £30m rise in debt costs, Asda bosses tell MPs on business and trade committee