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Retail sales hit highest level since 2022
Posted onRetail sales volumes have risen for the fourth month in a row, driven by consumers buying gold online and new tech gadgets. Monthly sales rose by 0.5% in September 2025, new figures from the Office for National Statistics (ONS) show, defying an expected decrease of -0.2%. “Although food stores saw very little growth, good weather…
UK economy grew by 0.3% in November, beating forecasts
Posted onRachel ClunBusiness reporter Getty Images UK car manufacturing recovered in November The UK economy grew by a faster-than-expected 0.3% in November after car production rebounded and the services sector got a boost. Growth was driven by an increase in industrial output, the Office for National Statistics (ONS) said, helped by the return to production at…
Making the budgets add up as Holyrood election looms
Posted onBut, Roy added, the Treasury and the Department of Work and Pensions are coming back to perceived unaffordability of Westminster’s welfare budget, so we can expect new approaches to cuts and reduced entitlement. If that goes ahead, Holyrood will find itself facing further cuts in block grant.
Landmark global shipping deal abandoned under US threats
Posted onA landmark deal to cut global shipping emissions has been abandoned after Saudi Arabia and the US succeeded in ending the talks. More than 100 countries had gathered in London to approve a deal first agreed in April, which would have seen shipping become the world’s first industry to adopt internationally mandated targets to reduce…
Frank founder Charlie Javice sentenced for JPMorgan fraud
Posted onCharlie Javice, the entrepreneur convicted this year for defrauding JPMorgan Chase when the bank bought her student loan start-up, was sentenced on Monday to more than seven years in prison. In March, a jury found Ms Javice guilty of bank, wire and securities fraud, as well as conspiracy to commit fraud, for giving JPMorgan fake…
