No quick fix to stronger sales, says Asda boss Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer. Source
Gold price hits $3,000 as trade tensions mount Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war. Source
Rachel Reeves insists changes to welfare needed Labour MPs have been expressing unease about the proposed cuts to welfare, ahead of announcements next week. Source