The Office for National Statistics said the total volume of retail sales is estimated to have fallen by 0.1% in November.
Business
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Business
Competition and Markets Authority to probe ABF’s deal to buy Hovis
by News Roomby News RoomIn August, Associated British Foods (ABF) struck a deal to buy the 135-year-old business from US private equity owner Endless.
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Business
FTSE 100 in the green after lower-than-expected US inflation figures
by News Roomby News RoomAnglo American edged up 0.4% after reporting that it was striving to wrap up the sale of its nickel business.
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The brand, which counts Ben Stokes, Jofra Archer and Stuart Broad among its investors, will shut its Southampton venue as a result.
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Business
‘Little Christmas cheer’ for Reeves as borrowing figures higher than forecast
by News Roomby News RoomPublic sector net debt, including the Bank of England, reached £2.93 trillion at the end of November, which is around 95.6% of gross domestic product (GDP) and 0.3 percentage points…
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Business
FTSE 100 Live 19 December: Retail sales below forecast, Japan hikes interest rate
by News Roomby News RoomONS senior statistician Hannah Finselbach said: “This year November’s Black Friday discounts did not boost sales as much as in some recent years, meaning that once we adjust for usual…
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Business
Firms could set own contactless card limits under changes planned by regulator
by News Roomby News RoomAs well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless transactions, or no more than five consecutive contactless…
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Several UK supermarkets, including Aldi and Morrisons, are slashing prices on festive vegetables to just 5p
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In a split vote, the Bank’s Monetary Policy Committee voted five to four to reduce interest rates.
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Trump Media & Technology will merge with privately-owned TAE Technologies