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Inside the UK’s ‘cash-only’ retail network used to launder millions

A series of police operations across England and Wales has uncovered a wide network of cash-only retail outlets linked to organised crime.

Latest news

Italy grants conditional clearance to JD.com’s acquisition of Ceconomy 

Ceconomy, which controls the MediaMarkt and Saturn retail chains, operates in Italy through the MediaWorld brand.  

UK retailers praise government unfair dismissal update

UK retailers welcome government updates to unfair dismissal rules, seeking clarity on other workforce regulations.

Best Buy lifts full-year 2025 outlook even as Q3 profit weakens

It forecasts adjusted earnings per share of $6.25 to $6.35, compared with previous guidance of $6.15 to $6.30.

Anta Sports weighs Puma bid as Chinese and Japanese rivals circle

Anta could partner with a private equity investor if it opts to advance a formal bid.

Halfords H1 2025 profit edges up as cycling demand recovers  

Group revenue increased 3.3% to £893.3m, representing like‑for‑like growth of 4.1%. 

Labelling rules for GB products in Northern Ireland

The rules apply to foods such as long-life milk, mixed ice creams, and products combining dairy with plant ingredients.

Debenhams Group turnaround delivers return to profitability in H1 2026

Debenhams Group has reported a return to profitability across all of its brands during the first half of its 2026 financial year (H1 2026), with improvements in adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) and reductions in statutory losses and net debt.

URBN announces record Q3 sales, income on diversified strategy

US fashion retailer Urban Outfitters, Inc. (URBN), which owns brands such as Anthropologie and Urban Outfitters, says its strong Q3 2025 show its diversified business model is boosting market share.