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UK retailers face £440m rise in electricity costs in 2026

Policy levies and electricity network charges are driving higher bills, adding to retailers’ operating costs ahead of the UK government’s Budget.

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UK retailer M&S to recruit 11,000 Christmas staff

The recruits will work across food, clothing, and gifting departments, supporting customer service and store operations during the retailer’s “busiest” festive trading weeks.

Tesco raises 2026/27 profit guidance after H1 growth

Adjusted operating profit increased 6.5% to £1.78bn at actual rates, or 6.3% at constant rates.

Ikea commits approximately €130m to Romania

Around €125m will be directed towards expansion and development projects.

Weston family’s holding company agrees to buy Boots in $8.9bn deal

Under the deal, the Canadian holding company of the Weston family will take charge of Boots' core pharmacy and store estate across the UK and Ireland.