Danone to cut 7% off wholesale price of powdered Aptamil baby formula An investigation by the UK’s competition watchdog found the company had raised prices by 25% in two years
Former Post Office chief hands back CBE as Horizon scandal intensifies Paula Vennells was CEO during crisis, with more than 100 potential victims coming forward since TV drama
George Osborne’s family firm breaches Covid loan terms as profits slump 98% Fabric and wallpaper company Osborne & Little blames higher costs and poor sales in UK and Europe
Eurozone unemployment hits joint record low; UK election could prompt bond turmoil – as it happened Eurozone jobless rate has slipped back to record low of 6.4%, while BlackRock fears promises of looser fiscal policy could hit UK bond prices
Boohoo considers closing UK factory it set up to improve workers’ treatment Online fashion retailer wants to ensure efficiency at sites including Leicester as its sales fall
Festive retail sales struggle as Britons spend more on going out and holidays Christmas parties, Netflix and cinema releases such as Wonka attract spending in December
Readers reply: is there any evidence that playing Christmas music in shops improves sales? The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical concepts
‘Remarksable’: M&S set to be bright spark of festive retail season amid discount war JD is licking its wounds as Asos, Boohoo and others take the axe to prices, but Sainsbury’s and Tesco may buck the trend
Too mild for fleeces? There’s more to JD Sports’ profit warning than that Against a trading backdrop that wasn’t obviously unhelpful, overpricing may hold the key to poor Christmas sales
Value of JD Sports plummets by £1.8bn after profit warning ‘Mild weather and heavy discounting’ drag down pre-Christmas trade, with 23% wiped off shares
Dutch flower growers call for delays to UK post-Brexit border checks Trade association says exporters are not ready and warns of disruption for Valentine’s Day and Mother’s Day
UK mortgage approvals pick up, credit card borrowing doubles – as it happened Consumer borrowing hits a near-seven-year high in November, according to Bank of England
Next warns Red Sea attacks could hit sales in year ahead Retailer updates profit forecast after bumper Christmas sales but says shipping issues could affect deliveries in 2024
I thought I could beat capitalism with some out-of-date onion bhajis. I was wrong When a supermarket product recall came for something I actually had in my fridge, I expected much more fanfare, writes Zoe Williams
UK shoppers spent £13.7bn on groceries in run-up to Christmas Consumers buy more items – including plenty of parsnips and sprouts – to beat last year’s spend by 7%