Today's business and finance round up 23rd May 2022
Retail sales jump in April thanks to alcohol and cigarettes
23rd May 2022
Bite-sized business news from the UK and beyond
Good morning Hooray! This is the final five-day working week before the two Platinum Jubilee bank holidays next week.
Today's stories
- Retail sales jump in April thanks to alcohol and cigarettes
- British banking app pioneer eyes American listing
ECONOMY
Retail sales jump in April thanks to alcohol and cigarettes
Other stories to keep you in the loop
- Plans to keep passengers moving and shelves stocked as rail strike looms
- UK should expect high fuel bills for at least 18 months, E.ON boss says
- Shares in THG soar as multibillion-pound bidding war looms for online beauty retailer
- Nationwide profits rocket as it tells struggling members “talk to us”
- Fat Face eyes hunt for new buyer after recruiting bankers
- Russia halts gas supplies to Finland as payments row with the west escalates
FINTECH
British banking app pioneer eyes American listing
Stat of the day
According to the new Sunday Times Rich List, the UK now has a record 177 billionaires with a combined wealth of £653bn, a 9% increase on 2021
Interesting links from around the web
- The 7 habits of highly effective investors
- Why are Apple Watches rectangles instead of circles?
- The death of 'mandatory fun' in the office
