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Evening Standard
Discount retailer B&M’s UK sales dampened by rainy weather
Budget supermarket B&M has said wet weather helped dampen sales in recent months while the retailer continues to target shoppers who are seeing their incomes squeezed.B&M European Value Retail said it generated more than £1 billion in the UK between April and June.But like-for-like sales – which strips out the impact of shopping at newly …
Business
Sky News
All wastewater companies in England and Wales face investigation over sewage spills
The water regulator is now investigating every wastewater company in England and Wales over fears that some may not be meeting their obligation to minimise pollution.Ofwat announced it has opened enforcement cases into four more firms as part of its investigation into utilities’ management of wastewater treatment works. The investigations have been opened following a …
Business
Sky News
Euro 2024 beer price war helps grocery inflation fall below 2%
A rush of promotional activity to lure football fans to supermarkets has played a role in pushing grocery inflation to its lowest level since September 2021, according to industry data.Kantar Worldpanel – which tracks supermarket till prices, sales and market share – said its measure of grocery inflation slowed to 1.6% in the four weeks …
Business
Sky News
Rush for shares in Trump media firm as markets react to shooting
Shares in the company behind Donald Trump’s Truth Social platform have surged by a third amid a wider bounce on investor hopes he returns to the Oval Office.The Trump Media & Technology Group was one of the most actively traded stocks on Wall Street during Monday’s session. It was the first chance investors had to …
Business
Sky News
‘Just the beginning’: GMB launches legal action against Amazon as workers lose union vote
Amazon workers have failed to achieve enough support for union recognition in the UK, the results of a landmark ballot have shown.More than 3,000 workers at the company’s Coventry warehouse were asked if they wanted to be represented by the GMB union. But the union fell “agonisingly short” – 49.5% of the 2,600 workers who …
Business
Sky News
Hedge fund tycoon Marshall’s bid for Daily Telegraph in doubt
A takeover bid for The Daily Telegraph from Sir Paul Marshall, the hedge fund tycoon, is in growing doubt days before a deadline for offers for the influential broadsheet newspaper.Sky News understands that Sir Paul, a major shareholder in the television news channel GB News, has been considering in recent weeks whether to drop his …
Business
Sky News
Watchdog asks water companies to publish sewage data amid ‘dented’ confidence
Water companies have been asked by the information watchdog to proactively release data on the sewage they discharge into waterways.The UK information commissioner John Edwards wrote to the utility firms in England, Wales and Northern Ireland asking them to publish information on the number and duration of sewage outflows every month, instead of waiting for …
Business
Evening Standard
Burberry boss Akeroyd checks out of fashion giant after profit warning
Burberry announced the shock departure of its chief executive today, alongside a profit warning and the cancellation of its dividend amid a global sales slump. Jonathan Akeroyd is stepping down from the world-famous fashion house, known for its iconic check pattern, “with immediate effect”. He will be replaced by the American executive Joshua Schulman, who was CEO …
Business
Evening Standard
Recruiter Robert Walters cautions jobs market recovery unlikely before 2025
Recruiter Robert Walters has become the latest firm from the sector to reveal the impact of an ongoing global hiring slowdown and said a recovery was not likely until 2025.The group reported a 15% slump in gross profit to £84.8 million in the second quarter to June 30, leaving it with an 18% drop overall …
Business
Euro News
China crisis? China’s second-quarter GDP falls short of expectations
Business
Sky News
Activewear brand TALA lands £5m funding boost from top investors
TALA, the activewear brand founded by Grace Beverley, will this week unveil a £5m funding boost from a syndicate of leading investors, including one of the early backers of the womenswear label Me+Em.Sky News understands that TALA, which was founded by Ms Beverley in 2019 and now employs 45 people, has secured the seven-figure capital …
Business
Business Live
More than third of major airports raise drop-off fees
More than a third of major airports have raised drop-off fees for drivers in the past year, according to new research. The RAC, which carried out the study, said it is “bordering on the ridiculous” for drivers to pay up to £7 for “the briefest of stops”. Seven out of 20 airports analysed have raised …

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