Retail sales drop in July as rain dampens demand
Retail sales fell by 1.2% following the poor weather with clothing sales proving a washout.
Energy bills predicted to drop in October
Ofgem is poised to announce a small cut in its price cap next week, a consultancy firm forecasts.
Wilko staff have grounds for hope, says GMB union as bidders circle
The GMB says there has been interest in firms buying “at least parts” of the homeware retailer.
Evergrande: China property giant files for US bankruptcy protection
The move comes as fears grow over problems in the world’s second largest economy.
Buckingham Group construction company on brink of collapse
Buckingham Group, which has worked on HS2 and at Anfield, blames “extreme inflation” for losses.
Housing Benefit freeze leaves renters ‘£200 short’ every month
People on housing benefit say there are hardly any homes available to rent at prices they can afford.
After McDonald’s, Burger King India drops tomatoes from its menu
Prices of essentials like tomatoes have skyrocketed in India in recent months.
Cash, cars and homes seized in $735m Singapore anti-money laundering raids
The operation was part of one of the city-state’s biggest ever anti-money laundering investigations.
I had to let almost all my staff go – bakery owner
Lac Hincu says despite the popularity of her business in Rugby, she had to downsize to survive.
Inflation slows to 6.8% but flights and hotels keep prices high
Lower energy prices are behind the slowdown but price rises in other areas mean some expect more interest rate hikes.