US-China trade talks to resume; UK jobs market ‘weakening’ as payrolls tumble – business live

Rolling coverage of the latest economic and financial newsElsewhere in UK retail, Mark Ashley’s Frasers Group has confirmed that it is in the race to buy Revolution Beauty and is considering a cash-only offer for the struggling beauty firm, which put itself up for sale last month.Revolution Beauty said on Monday that Frasers is “one of a number of parties conducting due diligence as part of the formal sale process announced on 21 May”. Frasers put out a statement today, confirming its participation in the sale process, but adding that there can be no certainty that an offer will be made. Continue reading...

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Innovation takes a backseat at small companies as tariffs become a full-time preoccupation

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