Retail sales jump 1.3% in November in boost to struggling high street
Earlier Black Friday deals helped push sales up
Atari hands $2m lifeline to struggling game studio Tinybuild
Atari will take $2 million worth of shares and CEO Alex Nichiporchik $10 million in a deal that should keep the studio afloat
Hipgnosis chair slams ‘ongoing failures’ amid contract error
It comes as the fund's losses widened to $63.7 million
Interest rates could be cut by March, City markets predict
But the Bank of England has been warning that rates may stay higher for longer than traders hope
Lidl doubles paid maternity leave to 28 weeks
The German chain called the move a “benchmark for others in the industry to follow”
Tortilla shares tumble as high street stores underperform
The business blamed “subdued consumer confidence impacting demand across the eating out market”
Hipgnosis fund delays results amid questions over song valuations
It said the independent valuation of the hits it owns was much higher than it had actually been able to sell them for
BoE policymaker: 'Clearer decline' in pay growth needed for rate cuts
Broadbent said the current stats on wage growth show a 'slightly muddy picture'
Facebook prize draws firm Good Life Plus to go public in £12.5m float
CEO Charlie Chadd said: “The aim is to make this a household name.”
UK to 'dodge winter recession' as survey shows private sector growth
But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer
House prices to fall faster in 2024 despite rate cut hope — Halifax
House prices across the UK are set to fall by between 2% and 4%
Naked Wines slashes costs after warning on risk of going bust
Executive chair Rowan Gormley said the business was starting to get things back on track.
Under-fire boss of Ladbrokes owner Entain takes off
A report last week claimed shareholders were unhappy with her leadership, dealmaking and private jet use
Sosandar targets 'affluent market towns' for first high-street stores
The firm reported record sales in November
CMA launches 'greenwashing' probe into Marmite and Lynx maker Unilever
The consumer goods giant came under fire last year for its focus on the 'purpose' of brands like Hellman's mayonnaise
Public thinks inflation will still be too high in 2028, BoE reveals
When asked what they expect the rate of inflation to be five years from now, respondents gave a median answer of 3.2%
Competition watchdog to probe OpenAI's Microsoft partnership
Last month, OpenAI shocked the AI world when it ousted its boss Sam Altman only to bring him back days later.
Average two-year fixed mortgage interest rate drops below 6%
The average rate soared to as high as 6.81% in July
City trading house IG Group picks ex-Betfair boss Corcoran as new CEO
He replaces June Felix, who left due to poor health in August
Warhammer firm Games Workshop pays £2,500 bonus, but shares tumble
The bonus is enough to build a fully armed two-foot tall Mars Pattern Warlord Titan, the most pricey model on the Warhammer website
Aldi ups London pay again to £13.55 an hour
Outside of London, staff will be paid £12 an hour