Business and Finance

Food prices have dropped for the first month in more than two years, according to an industry lobby group that says food inflation is now in single digits.

Boohoo has reported a plunge in revenues, saying that an anticipated recovery in group sales volumes proved weaker than expected in the first half of its financial year.

Employers must be clear with their staff about the use of workplace monitoring, the UK's privacy watchdog has warned.

Sir Jim Ratcliffe, the petrochemicals billionaire, is contemplating buying a minority stake in Manchester United Football Club rather than seeking full control, in an effort to end a nearly 10 months-long process to resolve the club's future ownership.

Water companies are making their case for a hike to annual household bills of up to £156 in the second half of the decade, to tackle challenges including shortages and sewage leaks.

Another suitor has entered the race to snap up The Body Shop, the British-based ethical cosmetics chain which has been put up for sale.

The sharp decline in house prices took a pause for breath last month, according to a closely-watched report.

Chancellor Jeremy Hunt has reiterated the government's commitments to make benefits sanctions harsher - while also committing to raising the national living wage above £11 an hour.

The chairman of the John Lewis Partnership will leave the business in 2025, it has been announced, just weeks after it warned of a two-year extension to its turnaround plan.

HS2 was touted as the UK's biggest infrastructure project, supposed to transform public transport between London, the Midlands and the North.