News Powered By AI
News Powered By AI
Water companies in England and Wales have been provisionally approved to increase customer bills by an extra £3.4bn over coming years to address infrastructure pressures and environmental challenges.
Frasers Group, owner of Sports Direct, has acquired luxury department store Harvey Nichols, which appointed administrators in June after facing sustained trading challenges.
Federal data released this week shows inflation slowing to a 3.4% annual rate, though prices remain elevated across groceries and fuel. Meanwhile, wage growth has cooled and retail sales declined in July, presenting mixed signals about the economy’s trajectory.
Housing investors report their lowest confidence levels in at least three years, citing elevated interest rates, rising insurance and home costs, and geopolitical concerns as primary obstacles to market activity.
Savers Value Village launches ThriftIQ, an AI-powered pricing platform deployed across 58 pilot stores, to optimize product pricing and improve consistency in its thrift operations.
Argos, the British retail chain with over 50 years of history, is undergoing ownership changes as its new proprietors chart plans for expansion including standalone store openings to compete in a challenging retail environment.
