JD Sports shares slump 14% after profit warning
Lower sales in UK and North America after mild weather and discounting by rivals offset by 3.5% rise in Europe
Lidl warns of price rises and HMV of job cuts amid backlash over UK budget
HMV owner says budget is ‘bad news’ while UK boss of Lidl says product inflation ‘inevitable’ despite returning to profit
Australian National University’s word of the year is a portmanteau for cost-of-living rage
‘Colesworth’ – combining the supermarket duopoly’s names – beat ‘breaking’, inspired by Rachael Gunn’s controversial Paris Olympics performance
Retailers deserve a break – but they shouldn’t look to the chancellor for one
A letter by 79 firms voicing ‘significant concerns’ over the budget is likely to do little more than irritate Rachel Reeves
Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey
Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs
HarperCollins to allow tech firms to use its books to train AI models
Some nonfiction backlist titles will be used to train artificial intelligence with authors’ permission
Bank of England governor says budget measures could cost jobs, and argues for ‘gradual’ interest rate cuts – as it happened
Rolling coverage of the latest economic and financial news
UK retailers warn Reeves of £7bn hit from budget tax rises
Increase in national insurance contributions and national living wage will add to costs, says BRC
Mulberry cuts a quarter of HQ staff after sales slump and bigger losses
CEO says he will launch review to make company ‘leaner, more agile’ and the firm will ‘renew its relevance’
Asos accused of rewarding ‘spectacular failure’ as CEO gets £300k rise amid losses
Retailer’s share price has crashed amid post-Covid high street recovery and competition from Shein and others
Black Friday turning into Black Fraud Day, says UK cybersecurity chief
Criminals using AI to trick shoppers as data shows more than £11.5m lost to fraud during festive period last year
UK minister promises to force companies to end subscription traps
Legislation will be drafted to ensure consumers find it easy to exit unwanted signups and to get a refund
Tesco’s £25 champagne beats Moët & Chandon in festive taste test
Supermarket fizz bursts the prestigious French label’s bubble in blind tastings by consumer group Which?
Realism arrives at Burberry after fashion (and share buyback) mistakes
After stunning collapse in profits, chief executive aims to ‘course correct’ and ‘celebrate heritage’
Ben & Jerry’s says Unilever tried to block pro-Palestinian statements
Ice-cream brand takes legal action against parent company which it claims threatened to dismantle board