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Argos was a bad buy – but Sainsbury’s doesn’t need to sell at a silly price

Talks to sell the retailer to China’s JD.com are over, but they highlight that a sale on respectable terms should be possible

Late-November budget may affect Christmas shopping, says Aldi boss

Discount supermarket’s UK boss says potential budget measures may weigh on consumer spending decisions

Car seats being sold online in UK that risk lives of children, Which? finds

Consumer group says uncertified car seats that put lives of children in danger are being sold by leading online retailers

Sainsbury’s talks to sell Argos to Chinese retailer JD.com collapse

Supermarket confirms it is no longer in discussions to sell the retail business it bought for £1.1bn in 2016

Sainsbury’s recalls two own-brand hummus varieties over E coli fears

FSA says items could contain shiga toxin-producing Stec strain and have been recalled as a precaution

Business rates rise would put hundreds of big shops at risk, say UK retailers

Concern for ‘anchor tenants’ as trade body warns that stores could put up prices or cut jobs to protect profits

MPs raise concerns over Asda’s link to app offering high-interest loans to staff

Retailer’s owner has stake in Wagestream, which offers workers loans of up to £25,000

US economic picture weakens as jobless claims and inflation both rise – as it happened

Economists say trade war is driving up prices, as US inflation picks up in August

Sotheby’s losses more than double to $248m as art market slumps

Sotheby’s also takes hit from hefty severance costs, despite its headcount only dropping by 24 employees

Losses at John Lewis and Waitrose owner almost triple to £88m

Partnership blames restructuring costs plus tax rises and new packaging rules but expects full-year profit to grow

Primark owner’s boss warns Reeves not to give consumer sentiment ‘another great whack’ in budget

George Weston, CEO at ABF, also said food price inflation had peaked and would now start to ease

Weleda allegedly supplied cream used on prisoners in Dachau by SS doctor

Study claims Swiss firm provided Nazi concentration camp with anti-frostbite product used in tests in early 1940s

UK retail sales rise but stores fear tax worries could hit festive period

Warm weather and interest rate cut lift sales in August, as food, drink and computers perform strongly

Pret a Manger to take on supermarkets by trialling meal deals

Format to be tested in last quarter of year after chain’s value cut by a third amid ‘intense strains’ on hospitality industry

Are US fashion brands at risk of growing anti-American backlash over Trump policies?

Concerns over such sentiment outside US rise after Levi’s says UK sales could be hit by president’s decisions

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  • Oil price hits lowest since early March despite doubts over how quickly strait of Hormuz will reopen – business live
  • US student debt repayment system is being overhauled – here’s what to know
  • Thames Water nationalisation moves closer as government ‘objects to rescue deal’
  • Bank of Japan raises interest rates to 31-year high … of 1%
  • Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover
  • RBA interest rates: Reserve Bank holds official cash rate at 4.35%
  • EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss
  • Starmer vows new sanctions on Russia and nuclear energy support for Ukraine
  • Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough
  • Canada eliminates human rights watchdog that oversees companies operating abroad
  • City & Guilds bosses awarded themselves millions in bonuses, investigation finds
  • Backlash against ‘short-termist’ UK plans to weaken EV sales targets
  • Wall Street and European markets hit record highs and oil price falls to three-month low after US-Iran peace deal – as it happened
  • EU trade deficit with China reaches record €1bn a day, data shows
  • Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens
  • Spielberg’s Disclosure Day opens strongly at box office as Obsession, Backrooms – and Michael – smash records
  • Settler products from occupied Palestine sold to Europe as Israeli, investigation finds
  • US and UK central banks expected to keep interest rates on hold amid Iran peace deal
  • UK’s oldest Indian restaurant takes crown estate to court over threatened eviction
  • Listen to manufacturers and unions: high electricity prices are killing industry
  • From Bloomsbury to Whitehall: new play reimagines life of John Maynard Keynes
  • Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent
  • Investment fraud in UK soared to more than £220m lost last year, trade body says
  • Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX
  • Australia’s Sigma drops out of talks to buy UK’s Boots
  • A £350 swimming pool fee ruined our easyJet holiday
  • GB News critics want to limit free speech to ‘liberal, Islington consensus’, Grade says
  • Britain ‘faces deindustrialisation’ without relief from high energy prices, survey warns
  • Macron frames Évian G7 agenda in hope Trump will stay for whole summit
  • Me, worry? For US small businesses, Trump’s tariffs are now a non-issue

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