Morrisons staff asked to invest thousands in their own company Exclusive: Some employees report feeling pressed by private equity owners to contribute to an ailing business
Hospitality sector: mini-budget judged a missed opportunity to help Freeze on alcohol duty welcomed, but lack of new measures to support struggling businesses disappoints
Shares in The Works surge after strong sales and return to profit Stationery, crafts and book retailer reports ‘encouraging’ recent trading and annual pre-tax profit of £10.2m
British retailers welcome planned return of VAT-free shopping for tourists Government to consult on long-called-for scheme which is likely to cost almost £1.3bn
Made.com plans to cut third of staff as it seeks emergency investment or buyer Furniture retailer is latest in a string of pandemic winners to see profits hit by cost of living crisis
Second rise this year at Lidl makes it best-paying UK supermarket Hourly rate to increase by between 10% and 14.5%, benefiting 23,500 employees
JD Sports ‘cautious’ over outlook amid inflation rise and strike threats Despite 8% rise in sales over past six weeks, retailer worries that energy costs will dampen consumer spending
Eco beauty company ‘appoints nature’ to its board of directors Exclusive: Faith In Nature to give non-executive director or ‘nature guardian’ voice in business strategy
HMV launches vinyl record label with first signing in over 20 years Album by Newcastle singer-songwriter India Arkin will be released by 1921 Records in October
JD Sports to pay former boss Peter Cowgill £5.5m golden goodbye Deal prevents Cowgill, who will also receive year’s salary and potential bonus, from setting up rival retailer
M&S raises staff pay for second time this year to help with living costs Retailer will give 4,500 workers £250 shopping voucher as part of £15m support package
From squash player to sportswear giant: Mike Ashley’s colourful retail career Mike Ashley is stepping down from Frasers Group board, but Sports Direct founder leaves lasting legacy
The only party not getting heartburn over GSK demerger is the lawyers The depressing outcome of the split is a legal challenge in the US over Zantac that will run on for years
Shares slide as UK retailers join households facing a grim winter Businesses from bars to shops are buckling under the strain of energy bills and damage to trade and staffing
Mike Ashley to step down from Frasers Group board Retail tycoon to remain as the controlling shareholder of Sports Direct and House of Fraser owner