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Sky News
Surprise surge in retail sales suggests economy is growing – despite UK entering recession
Retail sales have grown significantly – far exceeding expectations – as consumer spending bounced back in January.The 3.4% increase in retail sales is more than double the 1.5% rise forecast by analysts – and suggests the economy is recovering. Not since April 2021 has there been a rise as large as the recovery from December …
Business
Euro News
Outrage as Commission accused of shelving water resilience plan
Business
Euro News
Run by toddlers, based in ancient Egypt: welcome to the bizarre world of shell companies
Business
Sky News
Fashion chain White Stuff explores sale amid takeover interest
The founders of White Stuff, the fashion retailer, are exploring a potential sale of the business they founded in 1985.Sky News has learnt that George Treves and Sean Thomas have engaged Rothschild, the investment bank, to field offers following the receipt of an unsolicited approach from a prospective buyer. Money latest: Biggest rise in average …
Business
Evening Standard
Budget will focus on economic growth, Hunt says amid reports of more tax cuts
Business
Business Live
Somerset printing firm rescued from administration, saving jobs
A Somerset printing firm has been rescued from administration, saving 16 jobs. Wincanton Digital Print collapsed after experiencing challenging trading conditions following the pandemic. Julie Palmer and Andrew Hook, partners at business recovery firm Begbies Traynor in Salisbury, were appointed joint administrators. The duo oversaw a pre-packaged sale to Wincanton Creative Print, part of Dorset-based …
Business
Euro News
European car imports held up in US over banned Chinese part
Business
Sky News
‘Undeniably grim’: Why there’s been an unprecedented fall in living standards
Let’s get the provisos out of the way first.The fact that the UK is technically in recession changes nothing fundamentally. The economy had been performing weakly for some time. Gross domestic product – the broadest measure of how much income we are all generating across the country – had been essentially flatlining since early 2022. …
Business
Sky News
Hunt looking to cut public sector spending to lower taxes, Sky News understands
Chancellor Jeremy Hunt is looking at cutting planned public sector spending in order to lower taxes, Sky News understands.The government has been hinting at further tax reductions in recent weeks ahead of the budget on 6 March – and as it seeks to make an attractive offer to voters before the next general election. But …
Business
Sky News
UK enters recession after steeper-than-expected fall in GDP
The UK economy has officially entered recession, figures show.A recession is defined as two consecutive three-month periods where the economy contracts rather than grows. A major measure of economic growth, gross domestic product (GDP) shrank 0.3% between October and December, the latest Office for National Statistics (ONS) data shows. It’s a steeper-than-expected fall, as economists …
Business
Euro News
Italian watchdog turns heat up on BAT and Amazon over tobacco ads
Business
Euro News
MEPs approve measures to tackle impersonation scams

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