As Sainsbury agrees to sell Argos for £120m, we ask people if they still shop there, and what the new owners can do to compete with big online retailers like Amazon.
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What do people want from Argos?BBC Business
Rolling coverage of the latest economic and financial news Back in the UK housing markets, annual price inflation slowed to its lowest rate in more than two and a half years. The 0.1% year-on-year rise in prices is the slowest since November 2023, Lloyds’ house price report shows. “More broadly, average house prices have remained relatively stable for almost two years, moving within a narrow range over that period and sitting just +0.5% higher than they were in November 2024. That trend has persisted even as buyers and sellers have faced a more uncertain economic backdrop this year. “Affordability remains a challenge for many would -be buyers and, following recent events in the Middle East, mortgage rates have edged higher again after easing earlier in the summer".” Continue reading...
The Japanese owner of Joseph, the 60 year-old British fashion brand, has drafted in City advisers to help examine a potential sale of the label.
The airline industry wants passengers to be careful when travelling with lithium ion batteries.