News

Stock shortages hurt Swedish fashion chain H&M as some shops are unable to meet demand

Today

H&M reported sales of £8.1bn for the first half between December and May, 3% lower year-on-year. Sales in western Europe were down by 5%.

Stelios eyes 'eyewatering' Easyjet price as US firm has its fourth bid for the budget airline rejected

Today

A source close to Sir Stelios Haji-Ioannou, who set the firm up in 1995 and still holds a 15% stake, suggested he would be willing to back a takeover deal if the price is right.

Tata Steel blasts plans to dilute rules protecting British firms from cheap Chinese imports

Today

Measures being introduced will cut by 51% the volume of steel that can be imported, tariff-free. That is less than the previously proposed 60% reduction.

ITV's last picture show: Britain's creative industries should be better protected, says ALEX BRUMMER

Today

There is a lack of clarity as to which of Andy Burnham's brains trust of economic advisers will emerge as most influential.

Waterstones hires Next chairman as it moves closer to listing on the London stock market

Today

The bookseller, which runs 320 shops in the UK including Blackwell's and Foyles, said it has appointed City veteran Michael Roney as chairman.

Foreign raiders must be stopped, warns key Burnham advisor Andy Haldane

Today

Andy Haldane, pictured, former chief economist at the Bank of England, warned Britain cannot afford the continued exodus of firms from the FTSE 100.

State pension could be taxed before being paid out under new plans

Today

The state pension may soon be taxed before it is paid out to beleaguered retirees under fresh Treasury plans, it has emerged.

Council tax could be ditched by Andy Burnham: What would new property levy look like and who would be hit?

Today

Andy Burnham is rumoured to be mulling over radical property tax reforms if he becomes Prime Minister. This is what you need to know.

How to squeeze the most out of your work pension

Today

Auto enrolment into work pensions takes the hassle out of saving for retirement, but you could be missing a trick or two by not looking any further than that.

Best cash Isa rates: Our pick of the five top deals

Today

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.

Isa reforms: Four experts explain why Rachel Reeves' new tax on investors won't work

Today

In one of Chancellor Rachel Reeves's last acts before she is set to leave Number 11, she unveiled the tax which will hit those who keep cash in their investment Isas.

Sky closes in on deal to buy ITV's broadcast and streaming business as owner Comcast looks to rival Netflix

Today

Lawyers are finalising a deal that would see ITV sell its TV channels and streaming service ITVX to Sky, which is owned by Comcast.

Is wealth-tax advocate Gary Stevenson set to become economic adviser for Labour under Burnham?

Today

Gary Stevenson, who authored Trading Game, has advocated in favour of a 2% annual tax on people in Britain with total assets exceeding £10m.

Retailers suffer worst run for more than 40 years as Starmer and Reeves leave High Street in crisis

Today

Retailers have suffered the biggest fall in sales for more than 40 years as the crisis gripping Britain's high streets intensifies

HMRC to reinforce snooping powers: Taxman could soon raid bank accounts to collect debts of less than £1,000

Today

New proposals by the tax office would allow it to take 'lower value debts' in instalments directly from people's bank accounts, without having to leave a £5,000 buffer.

Warning signs your solar panels could burst into flames in the heatwave - and the £12 gadget to protect your home from an inferno

Today

As temperatures soar, experts warn that the risk of fires caused by solar panels is rising - but there are steps homeowners can take to reduce the danger.

EasyJet rejects fourth takeover bid from US firm Castlelake - but raises hopes of deal being done

Today

EasyJet has rejected a fourth bid of £4.9billion from US firm Castlelake, but left the door open to further offers.

I was trapped with an unsellable flat. These are the mistakes I made - and what I had to do to finally shift it: ANNABEL FENWICK ELLIOTT

Today

Once upon a time, not so long ago, the rule was fairly simple when it came to property: buy in a good location, sit on it for a while, then sell it for a profit.

Rolls-Royces and Lamborghinis among £243million worth of uninsured and untaxed cars saved from the crusher last year

Today

When the police seize a car that's uninsured or is untaxed, it often results in the vehicle being sold at auction or crushed - and usually without the rightful keeper being informed.

Morgan unleashes its ultra-exclusive Midsummer Coupé: Just 10 built by Malvern carmaker and each costs north of £200,000

Today

This is the second Midsummer model from the Malvern-based manufacturer, following in the tyre tracks of the limited-run Midsummer Speedster debuted last year.

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