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Tesco and M&S report strong Christmas food sales
Retail giants Tesco and Marks & Spencer both saw a bump in food sales over the vital Christmas period despite both mentioning a challenging economic backdrop. Tesco said sales in the UK were up 3.2% from last year and it had now notched up its highest market share in more than a decade. M&S said…
What are tariffs, how do they work and why is Trump using them?
Getty Images US President Donald Trump has introduced tariffs on goods reaching it from countries around the world. Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy. But he has also used the taxes to make other demands, and has…
Retail sales hit highest level since 2022
Retail 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…
Business rates changes will cost me £62,000
The owner of a small pub chain in the south east of England has said his costs will rise by £62,000 per year after changes announced in the Budget. Phil Thorley, who runs the Thorley Taverns pub group, said business rates – a tax on commercial properties – will rise for 17 of his 18…
