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Clubcard branding is seen inside a branch of a Tesco Extra supermarket in London

Tesco braces for post-Christmas hangover with more deals

Britain's biggest retailer Tesco said it would focus on offering customers better value deals in January as it does not believe inflation has peaked, preparing for a tough 2023 after shoppers defied the cost of living crisis and spent big at Christmas.
Another soft reading on US inflation could give the Federal Reserve room to slow its pace of interest rate hikes and further boost equities

Stocks mostly up before key US inflation data

Global stock markets mostly rose Thursday before data that is widely expected to show another softening of US consumer inflation, giving the Federal Reserve room to slow its interest rate hikes.
Logo of food and clothes' retailer Marks and Spencer is seen at a branch in London

Wine and sequins help UK's M&S sparkle at Christmas

British retailer Marks & Spencer reported strong Christmas sales, with demand for turkeys and sparkling wine delivering its highest ever share of the food market and sequin-decorated partywear boosting its clothing sales.
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