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Faarea MasudBusiness reporter Getty Images Boxing Day sales have seen a muted start as shoppers continued to shun bricks-and-mortar stores in favour of online. By 3pm, visits to UK high streets were down 1.5% on 2024, while shopping centres saw a 0.6% fall, according to data from MRI Software. MRI’s footfall data showed retail parks…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global dealmaking topped $4tn this year for the first time since the boom of 2021, as a record number of megadeals lifted investment banking fees to their second-highest level ever. A total of 68 deals…
A US judge has temporarily stopped the Trump administration from detaining British activist Imran Ahmed after he sued officials over an entry ban for alleged online censorship. The founder of the Center for Countering Digital Hate is among five people denied US visas after the state department accused them of seeking to “coerce” tech platforms…
Caitlin Klein,in Jersey, St Helierand Julia Gregory,in Jersey Chris Craddock/BBC Vinni Jones said the Grace Trust is there all year or people who are struggling A charity which supports vulnerable people in Jersey says it has “the Christmas spirit right through the year”. The Grace Trust which helps between 700 to 750 people a year…
Faarea Masud & Simon BrowningBBC News Getty Images The number of passengers passing through UK airports will be the most ever seen on any Christmas Eve since records began in 1972, the Civil Aviation Authority (CAA) said. It projects over 335,000 people will be flying in the UK on Wednesday, which is up 5% from…
BBC Yazz Gough uses the Re:dish Good Stuff social supermarket in the Reddish area of Stockport A customer of a social supermarket has said she “can afford a few extras for Christmas” thanks to the money she saves there on her weekly groceries. Yazz Gough, who goes to the Re:dish Good Stuff in the Reddish…
Katie RazzallCulture and Media Editor BBC Listen to this article Christmas is a time when families get together if they can – and, until this year, the Murdochs were no different. With members of the media dynasty spread across the globe, full family gatherings were rare, although in 2008, according to biographer Michael Wolff, the…
The US State Department said it would deny visas to five people, including a former EU commissioner, for seeking to “coerce” American social media platforms into suppressing viewpoints they oppose. “These radical activists and weaponized NGOs have advanced censorship crackdowns by foreign states – in each case targeting American speakers and American companies,” Secretary of…
Natalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in…
Kate WhannelPolitical reporter PA Media Farmers protested against the changes again at last month’s Budget Government proposals to tax inherited farmland have been watered down, with the planned threshold increasing from £1m to £2.5m. The climbdown follows months of protests by farmers and concern from some Labour backbenchers. At last year’s Budget, ministers said they…
