The UK competition watchdog today hit 10 retailers and two tobacco manufacturers with fines totalling £225m (€255.9m) for "unlawful practices" in pricing of cigarettes, cigars and rolling tobacco.

More than 1,000 retailers in the UK have signed up for a new contactless-payment system being launched this autumn, it was announced today.

The UK’s biggest off-licence business changed hands today after being sold to a team of private equity investors.

THE list of casualties on the British high street lengthened yesterday when the operator of the Kookai retail chain in Britain was placed into administration.

Musgrave and the Co-op were today reported to be the leading contenders in the auction of convenience store business Londis.