Retail sales fall across Great Britain as Black Friday effect fades; government borrowing hits four-year November low – business live Rolling coverage of the latest economic and financial news
‘Not clear’ who was behind FCDO hack, says minister, amid reports of China link – UK politics live Chris Bryant confirms October cyber-attack as the Sun names Storm 1849, a Chinese hacker group, as being responsible
WH Smith tries to recover bonuses from ex-bosses as watchdog investigates accounting error Retailer targets £7m in bonuses as FCA examines scandal in North American arm
Retail sales unexpectedly fall in Great Britain in run-up to Christmas Shoppers held back on Black Friday spending in November and budget uncertainty hit consumer confidence
UK borrowed more than expected in November amid pre-budget pressure ONS figures show public sector net borrowing was £11.7bn – £1.9bn less than in same month last year
Young people will suffer most from UK’s ageing population, Lords say House of Lords report says tools such as raising pension age and increasing immigration will not be adequate
UK’s roads and airports brace for busiest Christmas getaway on record Transport groups warn of unprecedented congestion as commuters, shoppers and holidaymakers travel at once
Trump’s $1,776 ‘warrior dividend’ repurposed from military housing aid President claims bonus the result of tariff revenue but stipend had already been approved in tax-and-spend bill
MPs to question Vodafone on ‘unjust’ treatment of store franchise owners Parliamentary scrutiny follows claims that commercial agreements put the mental health of shopkeepers at risk
PPE company linked to ex-Tory peer Michelle Mone goes into liquidation PPE Medpro owes government £148m for supplying unusable personal protective equipment during Covid-19 pandemic
Facebook tests charging users to share links in potential blow for news outlets News organisations fear move could hit newsrooms and other media publishers by stopping users sharing their content
BP opts for culture shock with new CEO appointment, but the timing is odd The decision to replace Murray Auchincloss with Woodside’s Meg O’Neill is puzzling on at least two counts
Megan Davies obituary Other lives: Highly regarded branch secretary of the Prospect union, singer, sports fan and lover of craft beer
‘We’ve future-proofed’: how UK’s biggest car factory upgraded for EV revolution Nissan builds in capability to go fully electric at Sunderland plant amid scaling back of transition targets across Europe
Meg O’Neill: ‘hard-nosed’ outsider who will head BP’s pivot away from green energy First female appointment to a major oil company has faced fierce resistance from climate activists as boss of Woodside