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UK retail spending rose at lowest pace for 7 months in December
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK retail spending rose at the lowest pace for seven months in December and below the rate of inflation, pointing to a “drab” Christmas period for retailers as consumers continued to feel the impact of…
US and Asia stocks slide as AI jitters persist
A burst of solid business news in the US was supposed to calm markets, which have been in retreat in recent weeks. But strong sales at artificial intelligence (AI) chip giant Nvidia and the world’s largest retailer Walmart, better-than-expected hiring in September, and even a pickup in home sales have so far done little to…
Throw the parcel at the back door – Evri couriers tell of pressure to earn a decent wage
Zoe Conway and Kirstie BrewerBBC Panorama Watch Panorama’s undercover filming: “You’ll make no money my friend unless you get all your parcels out. Get them all out.” When Becky ordered a Barbie doll for her daughter, she got a notification from delivery firm Evri saying it had arrived. There was just one problem: it was…
