Next says Middle East conflict could raise clothing prices by up to 10% Retailer says higher fuel and factory costs may hit supply chains and lead to ‘significant increase in prices’
Co-op boss quits after year marked by cyber-attack and claims of ‘toxic’ culture Shirine Khoury-Haq denies exit linked to allegations about behaviour at retail and funerals group as it sinks to £125m loss
UK consumer confidence has ‘collapsed’ during Iran war, retail industry says BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears
HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete prices
‘You can feel it’: South Yorkshire revival gathers pace as new industries move in From steel to screen, podcasts to defence, Sheffield’s economy is diversifying amid a wave of new investment
Starmer adviser urges ministers to look at profits cap for energy and petrol firms PM’s ‘cost of living champion’ calls for consideration of temporary measure to prevent profiteering from Iran war
Moma brand recalls porridge products over possible mice contamination Customers told not to eat affected pot and sachet products and to return them to place of purchase for refund
‘We can create hype’: H&M’s UK boss on its commitment to the high street As the chain marks 50th anniversary in Britain, Karen O’Rourke explains what makes it stand out against cut-price rivals
Shrinkflation takes a bite out of Easter eggs as shoppers pay more for less The price of popular branded eggs has risen by over 40% in some cases while some have also shrunk in size
UK petrol retailers claim ‘inflammatory language’ of ministers led to staff abuse Trade body attends meeting with Rachel Reeves, hours after saying it was pulling out over suggestions of price gouging
Bleak economic data shows UK plc in trouble well before Middle East crisis Zero GDP growth in January will not help Rachel Reeves claim she has put UK in position to weather oil price storm
Keeping it simple was always the answer for John Lewis Remedy for partnership’s post-Covid woes was the old-fashioned one of basic shopkeeping and cutting costs
John Lewis pays first annual staff bonus in four years as profits rise Payment of 2% at employee-owned partnership follows sales increase to £13.4bn
Estée Lauder sues Jo Malone over use of her name on Zara fragrance Cosmetics firm takes legal action against London-born perfumer who sold brand and rights to her name in 1999
Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn