Prime

Amazon to pay $2.5bn in FTC settlement deal over Prime membership claims

Amazon has agreed to pay $2.5bn (£1.72bn) to settle allegations that it enrolled millions of consumers into Prime subscriptions without their consent and made it unnecessarily difficult to cancel. The settlement with the Federal Trade Commission (FTC) includes a $1bn (750m) civil penalty and $1.5bn (£1.712bn) in refunds to affected…

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All Amazon Fresh stores in UK to close

Amazon is set to close all Amazon Fresh stores in the UK, shuttering 14 stores under the Amazon Fresh brand and converting a further five to Whole Foods stores.  It comes as the group said it wanted to focus more on the online delivery sector, and expand the sale of…

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Amazon to invest £40bn as part of major UK expansion

Amazon has unveiled plans to invest £40bn in the UK over the next three years, which will see it build four new fulfilment centres and new delivery stations whilst creating thousands of jobs. As part of the investment it will also upgrade and expand its existing network of over 100…

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M&S MD welcomes EU-UK summit deal

Marks and Spencer’s managing director has welcomed the results of yesterday’s (19 May) EU-UK summit announcement, which will allow the EU to remove checks on food exports while adding £9bn to the UK economy.The agreement, ​​following a meeting between Prime Minister Keir Starmer and European Commission President Ursula von der…

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UK economy grows by more than expected 0.7% in Q1

The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between January and March, following a 0.1% rise the prior quarter. This was ahead of analysts’ expectations, who had forecast a growth of 0.6% for the period. According to the Office…

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Today’s news in brief-9/5/25

The UK and US have struck a “first-of-a-kind” trade deal, slashing tariffs for UK carmakers, steel, and farmers while maintaining a 10% levy on other goods. Car export tariffs will drop from 27.5% to 10%, benefiting Jaguar Land Rover, while steel and aluminium tariffs fall to zero. The deal includes…

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Today’s news in brief-11/2/25

Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its anticipated £50bn London Stock Exchange listing. The company had explored sites in Derby, Coventry, and other locations but confirmed no immediate need for a UK facility. The decision follows mounting…

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Amazon to offer 1,000 new UK apprenticeships

Amazon has announced that it is to offer more than 1,000 new apprenticeships in the UK in 2025. The Amazon apprenticeship programme will offer a wide range of opportunities across the country in Amazon businesses including Amazon Web Services (AWS), Prime Video, and Amazon Devices and Services. Recruitment is now…

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Today’s news in brief-6/2/25

Tesco is reportedly considering a takeover of over 100 Crown Post Office branches, potentially safeguarding them from closure as the state-owned Post Office reviews its directly managed network. Post Office chairman Nigel Railton informed MPs that Tesco expressed interest in acquiring the loss-making branches, part of a broader strategic review…

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Today’s news in brief-5/2/25

A Welsh fashion designer has taken Boohoo, and its affiliated brands PrettyLittleThing, Nasty Gal Limited, Misspap, and Debenhams, accusing it of copying her signature designs. Sonia Edwards claims that her designs, including a halter-neck bikini top, a rib organza mesh puff-sleeve top, a velvet ruched midi-skirt, a twist-front skirt, and…

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