5 h. ago UK high street chaos as Brits cut back on food and clothes as 'cracks' begin to show

New data from the Office for National Statistics makes for grim reading for many involved with the UK's high street, as two specific areas of retail have seen a huge fall in sales

Events

3 d. ago US retail sales fall and Americans turn cautious after spending early this year to beat tariffs

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports

Economics

1 week ago Junk bond sales surge as companies try to beat fresh tariff uncertainty

Markets fear a new wave of volatility next month when a deadline for trade negotiations ends

Economics

3 w. ago Auto Trader shares fall 10% as it reveals dwindling retail sales

Auto Trader said Britain's new car market grew 3% over the last year, mainly driven by more sales for company fleet vehicles, but standard retail sales slipped 4%.

Politics

3 w. ago UK retail confidence plummets as sales fall; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial newsEU hopes for quick deal to resolve US trade war after Trump delays 50% tariffsToyota to move some GR Corolla production to UK from JapanOuch! Germany’s economy is on track for its worst performance in post-war history, a new report shows.The German Chamber of Commerce and Industry (DIHK) predicted this morning that Europe’s largest economy will contract by 0.3% this year, Reuters reports. That would be the third annual contraction in a row, although not as bad as the 0.5% fall in GDP which the DIHK predicted back in February.“A mood of cautious relief is spreading after the long weekend, amid hopes for more fruitful trade negotiations between the United States and its global partners. There are no post bank holiday blues for the London market, with the Footsie in striking distance of the record high reached in February. More positive vibes are pulsing about the outlook for the global economy, with hopes that more scores can b...

Economics

4 w. ago FTSE 100 Live 23 May: Food sales drive retail surprise, energy bills fall

Household energy bills will fall by 7% from July after the latest energy price cap was revealed by Ofgem today.

Society