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      Bank of England to hold interest rates as oil price surge threatens UK economy

      Bank of England building on Threadneedle Street, London, showcasing its historic architecture and financial significance

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      Inside the untapped commercial potential of the Tour de France

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consumers

  • Forget Oasis, dynamic pricing could be coming for your weekly shop

    Opinion

    The rise of big data means dynamic pricing is easier to implement. Paul Ormerod asks what this could mean for consumers's everyday shopping.

    Supermarket basket filled with fresh produce, dairy products, and essentials, reflecting current shopping trends and consu...
  • Service sector profits continue long decline

    Markets

    Profitability in the UK’s service sector declined for the seventeenth consecutive rolling quarter, according to new data, with businesses reporting few signs of improvement on the horizon.  The Confederation of British Industry’s (CBI) latest survey on the service sector showed that rising costs put businesses’ bottom line under pressure.  A weighted balance of -28 per [...]

    Square Mile bespoke tailor Tom James sues former employee
  • Budget uncertainty has gone but odds have been stacked against business

    Business

    If Rachel Reeves thought certainty would cure the UK economy’s growth problem, she was wrong. She’s just pitted consumers against retailers. This data-heavy week has reflected that uncertainty over the Budget has not been cured by policy which heaps pressure on business. We’ve had inflation rising, debt compounded, inheritance tax receipts soaring, farmers protesting, the [...]

    UK retail sales slumped in May as tax hikes and economic uncertainty hit

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  • As it happened: Stocks jump as oil drops below $100; Trump in tariff blitz

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