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      Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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july retail sales

  • FTSE 100 Live: Babcock boss exits; Retail sales fall in golden quarter

    Markets

    Good morning and welcome back to the City AM liveblog. Today is the final day of the World Economic Forum in Davos and what a ride it has been for capital markets. The FTSE 100 started Monday’s trading session at a cool 10,235.31 before shedding some points as Trump turned up pressure on his tariff [...]

    Whitfield will replace outgoing chair Andy Higginson.
  • Retail sales see July boost but firms warn of tough winter ahead

    Retail

    British retail sales rose more than expected in July, boosted by good weather and the UEFA Women’s Euros 2025 tournament. However, extensive revisions to previous months’ data have revealed a less volatile but ultimately slower growth picture for the year. The Office for National Statistics (ONS) today released its latest figures, showing that sales volumes [...]

    UK retail investors are eyeing emerging markets for potential higher returns amid tariff turmoil

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