B&Q owner Kingfisher urges Reeves to rethink tax rises for retailers Government accused of increasing retailers’ NI contributions and business rates but aiming to cut tax for big tech
Britons cutting back on spending as confidence in economy falls, survey shows Most feel financially secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement
Morrisons to cut 300 jobs as it shuts convenience stores, cafes and counters Supermarket chain said it was mitigating extra cost amid rise in employer national insurance contributions
Asda cuts prices on 1,500 products in effort to halt sales slide Supermarket to ‘invest in lowering prices across rest of year and beyond’ as it intensifies price war with rivals
US-EU trade war could cost Ireland more than €18bn, says report Report co-authored by Irish government also finds tariffs could cause job losses and relocation of US multinationals
Heathrow closure: what are your rights if your flight has been cancelled? Up to 291,000 passengers have had journeys disrupted by the London airport’s power outage
Coalition and Greens urge Labor to introduce powers to break up Coles and Woolworths duopoly Parties call for intervention after ACCC report found Australian grocers among most profitable in world amid cost-of-living crisis
Aldi’s expanding profit margins mightn’t sit well with fans ACCC finds the German ‘hard discounter’ has, like Coles and Woolworths, lifted post-pandemic margins to shoppers’ detriment
ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world A 441-page report calls for 20 recommendations, including greater transparency around prices, special offers and ‘shrinkflation’
The Body Shop’s suppliers to receive no more than a quarter of £219m owed Administrators say unsecured creditors also including landlords and charities will get only between 16% and 27%
Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum site
Rate of UK shop closures expected to rise after budget tax changes – report More than 12,800 stores shut in 2024, down on 2023, but extra costs expected to take toll this year, study suggests
Why does Asda terrify stock market investors? Markets could be overreacting to supermarket price war fears as Tesco, Sainsbury’s and M&S shares slide
AI and US tariffs expected to fuel fresh surge in secondhand fashion sales Use of hi-tech search tools enables shoppers to find items they want, while trade war pushes up prices of new clothes
Ikea to open Oxford Street store in May after 18-month delay Swedish furniture retailer’s arrival is seen as crucial to hopes of reviving the London shopping street