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Hammerson sells £1.5bn stake in Bicester Village owner to private equity firm

Property company will use some of proceeds with LVMH-backed investor L Catterton to pay down debt

John Lewis trials repair service in partnership with Timpson Group

Five stores will offer to alter, clean or mend clothes in service marketed as a way to help prevent waste

This old thing? How UK customers are clamouring for ‘trashed-look’ vintage clothing

Store owners say marks and holes add character to pieces and make them more appealing to discerning buyers

Indonesians who paid thousands to work on UK farm sacked within weeks

Exclusive: Several sent home for slow fruit picking face debts as watchdog investigates alleged illegal fees

Global IT outage shows dangers of cashless society, campaigners say

Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out

Stronger, stinkier, softer: how Britain fell in love with cheese beyond cheddar

From halloumi to provoleta to comté, sales of overseas cheeses are up as UK tastes turn to the exotic

From trains to retail, how CrowdStrike outage caused havoc across industries

Transport, hospitals, television stations, sports clubs and financial systems among the sectors hit

Windows global IT outage: what we know so far

Outage linked to Windows operating system hits banks, airlines, rail services and supermarkets

British retail sales slump by more than forecast amid chilly weather

Drop of 1.2% in June comes as households rein in spending during cost of living crisis

Pret a Manger customers left fuming over end of ‘free drinks’

Chain calls time on five-a-day coffee subscription it launched in UK after Covid pandemic

Body Shop nears rescue deal with group led by British cosmetics tycoon

Mike Jatania’s Auréa heading consortium in exclusive talks with administrators for UK chain

Amazon workers in Coventry lose union recognition ballot by handful of votes

TUC insists fight will go on after GMB fails to secure right to represent retailer’s staff by just 29 votes

UK grocery inflation falls to 1.6%; Fed chair Powell hints at US rate cuts – as it happened

Live, rolling coverage of business economics and financial markets as Kantar data shows pressure easing on UK shoppers, and the Fed hints at nearer term rate cuts

Ocado shares jump as it narrows losses and boosts technology business

Revenues from tech arm, which sells robots to retailers, climbed by nearly 22% in six months to June

Falling inflation, football and fake tan fuel UK retail spending

Sales at supermarkets rise as consumer confidence improves, only slightly dampened by wet weather

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  • Crude oil exports from strait of Hormuz largely return to pre-war levels
  • Naomi Campbell wins legal challenge over charity trustee ban
  • Peta claimed victory when fashion stopped using fur – so why are they back hijacking catwalks?
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  • Bedford rail crash: train sped up after red light warning, say investigators
  • Ukraine persists with Russian oil refinery strikes in defiance of Trump
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  • Britain’s scaffolding should be a source of national pride – instead we’re struggling to recruit workers
  • Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’
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  • Billions of dollars, none of it taxed: ATO reveals the tech giants paying zero income tax
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  • Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
  • Government must stop dithering over energy bill support for the vulnerable
  • New UK gas and oil projects are a ‘no-brainer’, says EDF boss
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  • Energy bills: what to do as prices head for £2,000 a year, from switching deals to insulating
  • We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
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