Child trust fund firms face review over efforts to find who owns £1.5bn worth of pots

In-store inflation rises to an annual 1.5% in August, according to a survey for the British Retail Consortium The pace of price rises in UK shops rose to its highest level in two years in August, a trade body index shows, with higher energy costs pushing up the price of food and AI chip demand making technology more expensive. In-store inflation stepped up to 1.5% year on year in August, up from 0.9% in July, led by prices for tinned and packaged food which increased by 2.5% against 1.1% in the prior month, according to data from the research company NIQ for the British Retail Consortium...

While many young people have found jobs and built careers, some have struggled to complete their courses The crisis in the youth employment market, with almost a million young people not in education, employment or training (Neet) across the UK, has placed fresh emphasis on ways of getting employees into the workforce. The government hopes to increase focus on technical and vocational learning in England from the age of 14. In parallel, there is an ambition to create thousands more apprenticeships...

FTC alleges in lawsuit that online retailer ‘secretly and systematically overcharged’ advertisers for years The US’s main trade regulator and 22 states sued Amazon on Monday, alleging the online retailer “secretly and systematically overcharged” advertisers on Amazon.com. The Federal Trade Commission (FTC) said these practices led to higher costs for customers on items like groceries and other essential goods that are sold on Amazon...