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Keir Starmer to make Iceland boss Richard Walker a Labour peer

Appointment marks a rapid political transformation for a former Tory donor and potential candidate for MP

Fir real: expert tips on picking the perfect Christmas tree for the best price in the UK

Millions of real trees are sold each year, and costs vary widely – we ask experts how to find good deals

HMRC warns Christmas side-hustle sellers over tax on festive earnings

Crafters, artisans and others told to declare income if above £1,000 trading allowance in tax year

‘Tough market conditions’ hit UK half-year retail sales at Frasers Group

Owner of Sports Direct chain says consumer confidence ‘very subdued’ with sales at sports division down 5.8%

Dryrobe wins trademark case against rival waterproof changing coat D-Robe

Favourite with cold water swimmers wins court case in London forcing brand to stop selling infringing items

‘I’m rapt!’: meatball chants but no mania as New Zealand assembles for first Ikea store

Overnight camping was banned and motorists were told to plan their journey as New Zealand finally joined the flatpack family

Help to cut baby formula costs could save parents up to £500, Starmer says

Ministers accept watchdog’s recommendations on how to help people avoid spending more on formula than needed

Nike, Superdry and Lacoste ads banned in UK over ‘misleading’ green claims

Advertising watchdog says all three firms misled shoppers by using term ‘sustainable’ in paid-for Google adverts

Costco sues Trump administration over sweeping emergency tariff powers

The wholesale giant claims the White House misused emergency authority and warns importers could lose refunds even if duties are ruled unlawful

Mall-going but budget-constrained: gen-z shoppers shape the future of retail

Malls are popular with zoomers, but they show less brand loyalty and are happy to settle for ‘dupes’ over the real thing

UK refrains from hitting high street on Black Friday as fears grow over economy

Data comes as KPMG highlights soft consumer spending as one factor likely to hold back growth in 2026

Bakery chain Gail’s plans to open 40 more outlets as sales soar

Sales rose to £278m in last finanical year but profit margins were hit by increasing staff and energy costs

Harrods warehouse staff underpaid by thousands of pounds after agency error

Pay mistake is latest setback to image of exclusive Qatar-owned London retailer after a series of crises

Asda hits out at government for ‘killing confidence’ among consumers

But supermarket blames ‘self-inflicted’ IT problems that left gaps on shelves for 3.7% drop in sales

UK retailers urge faster end to tax break on low-value imported goods

Primark, Currys and Boohoo criticise government for waiting until 2029 to phase out exemption on customs duty

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  • The case for Labour to introduce a wealth tax has never been stronger
  • ‘Open season’ on ABC as FCC moves up public comment process for renewals
  • ‘We eat and drink risk’: higher costs bring curtain down on more UK music festivals
  • Public control of water and energy at heart of Burnham agenda, sources say
  • How doing a wash while you watch the World Cup at 2am could cut energy bills
  • Jessie J’s triumphant return puts lucrative Chinese market in spotlight
  • US justice department approves $111bn merger of Paramount and Warner Bros Discovery
  • How much money did Elon Musk make in SpaceX’s stock market debut?
  • Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened
  • SpaceX makes largest ever stock market debut, making Elon Musk world’s first trillionaire
  • The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply
  • US consumer sentiment improves in June due to easing gas prices
  • Oil prices plummet as Trump claims he is close to US-Iran deal
  • Can Starmer’s late-night World Cup openings help Britain’s struggling pubs?
  • Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget
  • Barclays to buy GoHenry kids’ debit card and money app
  • Can you really travel the world for free? A travel points expert shares her secrets
  • After SpaceX’s huge IPO, Americans’ financial future will be bound to AI
  • Paddy Power owner Flutter to scrap listing on London Stock Exchange
  • Has the US really carried out a secret mission to get oil through Hormuz?
  • UK economy shrank by 0.1% in April as Iran war held back growth
  • 20 ways Taylor Swift remade pop culture in her image
  • Diane Keaton’s nail clippers for $960: what’s behind the new boom in celebrity estate auctions?
  • Trump claims US and Iran on verge of signing peace agreement, but Tehran says no final decision made
  • Record number of young people fear long-term unemployment
  • SpaceX heads for record $1.78tn float amid fears it is overvalued
  • Middle East war is hurting eurozone economy, warns ECB, after announcing first interest rate rise since 2023 – as it happened
  • Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer
  • Global growth is slowing to lowest level since pandemic, says World Bank
  • BT boss takes home £5.6m as pay and bonus package more than doubles

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