AO World says inflationary pressures are easing, as it returns to profit

Electrical goods retailer reports pre-tax profits of £8m in year to end of March after big restructure

‘It has lost its appeal’: Canary Wharf faces an uncertain future

London’s docklands financial district is facing the loss of major firms such as HSBC and its owners are having to innovate to stem the exodus

Cost-cutting measure in home city comes as supermarket grapples with rising cost of servicing its £7.5bn debt

Like-for-like sales up 9.8% in quarter and supermarket says it has put more than £60m into cutting prices of basics

Rise in demand also down to brands launching no- and low-alcohol products with more ‘authentic’ taste

Drivers paying more for petrol and diesel than before Covid because of weakened competition, says CMA

Promotion is designed to help parents who are struggling to afford clothes amid cost of living crisis

Gerry Murphy to start on 1 September after Allan stepped down following allegations of inappropriate behaviour

Group has submitted planning application for projects in west and south-east London in face of criticism

Upbeat figures from discounter and fashion chain follow similar updates from Next and Primark

Adam Zax’s unhurried fly-on-the-wall documentary captures the gentle rhythms and flow of life in a Massachusetts bookstore

Announcement will add to recent speculation that owner Walgreens is preparing to put firm up for sale again

MPs would have done better to wait until CMA had opined on supermarket prices – they would have known where to focus

David Potts was one of several executives of major grocers being quizzed by MPs over accusations of profiteering

British Retail Consortium says figure eased to 8.4% in June from 9% in May