Spending on clothing and furniture is boosting UK retail sales more than expected

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. UK retail sales rebounded much stronger than expected as consumers grew more confident amid easing inflation, delivering good news about the economy ahead of the election. The amount of goods purchased rose 2.9 percent between … Read more

Deutsche’s private bank cuts spending on external consultants by 70%

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Deutsche Bank has cut spending on external consultants at its private bank by 70 percent as the division tries to become more profitable after a badly failed IT project last year. Under the private bank’s … Read more

Martin Lewis is warning holidaymakers not to rule when spending money abroad

MARTIN Lewis has warned holidaymakers of a simple rule to follow when spending money abroad. The money expert returned to screens last night in a summer special of the Martin Lewis Money Show, revealing how holidaymakers can avoid extra charges. Martin Lewis advised travelers to always pay in foreign currency when using a bank or … Read more