Tinsel in August and pre-Christmas sales: UK festive shopping starts earlier than ever Retail push months in advance means last-minute shoppers may risk missing out on gifts – and leads to demands for rules
‘A very British thing’: UK gets creative to try to keep Christmas card tradition alive As prices rise, more people are buying only for close relatives and friends, or getting out the glitter glue and making their own
Oxfam shop and office workers strike for first time Unite union says average wages have been cut by 21% in real terms since 2018
Games Workshop hands staff £2,500 bonus as half-year profits rise 12% Retailer says workers will share £7.5m bonus pool, with Christmas bonuses £1,000 larger than last year
Investment fund co-founded by Jacob Rees-Mogg to close after client withdraws £2bn – as it happened Live coverage of business, economics and financial markets as Somerset Capital says it will wind down after loss of major client
Frasers Group warns of ‘softening’ in global luxury market as sales fall Cost of living crisis partly responsible but total sales at Mike Ashley’s company rise
Peas on toast trump smashed avocados as UK cost of living bites, says Waitrose Britons return to comfort food like fish and chips, chicken kyiv and macaroni cheese as food prices rise at fastest rate since 1970s
‘Substantial volume’ of clothing tied to Uyghur forced labour entering EU, says study Calls for legislation after dozens of brands identified as being at risk of sourcing materials linked to China’s transfer programmes
China’s credit outlook cut to negative; Rupert Soames named CBI president; trading outages in London – as it happened Moody’s cuts its outlook on China’s credit rating, while trading in smaller stocks in London is hit by systems problems
Fierce supermarket competition in UK keeps lid on Christmas dinner costs Festive feast for four rises in price far below annual food inflation rate with sparkling wine and pudding cheaper than in 2022
Teens need malls. Malls need crowds. Why are they pushing kids away? Dozens of US shopping centers have put curfews in place, fearing unruly behavior. It’s counterproductive for everyone involved
Shoppers cut back on non-essential items to add to UK retail gloom Businesses bank on ‘last-minute flurry of festive frivolity’ after Black Friday fails to give November lift
Upmarket UK retailers ditch Christmas pud for panettone Selfridges hails Italian classic as ‘new undisputed champion of Christmas grub’ as demand soars
Supermarkets in England ‘blatantly disregarding’ rules over where they place crisps, sweets and fizzy drinks Survey found stores put foods high in fat, salt or sugar in prominent locations despite government regulations
Are young people poised to slam the brake on endless economic growth? The climate and cost of living crises make belief in expanding GDPs look as stale as last year’s mince pies. But when central governments rely on consumerism to shore up spending, it will be hard for ‘degrowth’ to gain any traction