Chalmers warns petrol stations as fuel excise cut endsJim Chalmers says the fuel excise cut was never meant to be permanent as the ACCC is told to watch petrol stations closely. The government also adds LinkedIn to its news bargaining incentive rules.4 min read
Inside M&S’s Oxford Street revamp, blueprint for £700m growthM&S chief Stuart Machin is using the revamped Oxford Street Pantheon store as a blueprint for a £700m growth push, while preparing to rebuild Marble Arch and overhaul food, fashion and logistics.7 min read
Peak District rebrand deal brings cash but sparks criticismPeak District bosses have defended a Skoda temporary rebrand deal that brought in funding for conservation work, after campaigners criticised the commercial partnership.7 min read
Papers: Chancellor warns supermarkets amid cost-of-living fearsSunday’s papers lead on cost-of-living warnings, social care fears, Nigel Farage, the Ceuta border crisis and fallout from Gianni Infantino’s failed World Cup stake plan.5 min read
Workers claim unpaid wages from Berkshire catering firmsThree workers say they are owed unpaid wages by catering firms linked to the same businesswoman, as Acas reports a rise in wage disputes.5 min read
Adani to pay no company tax despite $1bn Queensland coal revenueAdani will pay no company tax from its Queensland Carmichael mine despite nearly $1bn in revenue, after the operation recorded a $340.6m loss. Its Abbot Point port business also paid no company tax.3 min read
$2m crime novel deal collapses amid AI questionsJerry Falade’s debut crime novel deal has collapsed after agents said they could no longer verify how the manuscript evolved amid AI concerns.5 min read
Judge says £300m used-car boss was ousted in orchestrated investor planA High Court judge ruled that Peter Waddell was ousted from Big Motoring World under an orchestrated plan by Freshstream, while also finding he was properly dismissed for gross misconduct.3 min read
UK petrol prices hit 2022 high as diesel rises furtherUK petrol prices have hit their highest level since November 2022, with diesel also rising, as holiday travel demand adds pressure on households.3 min read
BP puts North Sea business up for saleBP is selling its North Sea business after a review of operations, ending 60 years of production there if completed. The unit employs about 1,100 people and could fetch about £2bn.3 min read
Sainsbury's to sell Argos for £120mSainsbury's has agreed to sell Argos for £120m to Swift Partners as it focuses on its core food business. Argos will keep operating in Sainsbury's shops.1 min read
South Korean shares surge after chip stock routSouth Korean shares surged on Friday, with the Kospi up almost 17% in afternoon trading as chip stocks rebounded after a three-day rout.2 min read