Bloomberg Canadian consumers remained resilient in December, even in the face of elevated inflation and rising interest rates. Receipts for retailers jumped 0.5% last month, according to an advance estimate released by Statistics Canada. That follows a 0.1% drop in November, which was led by lower sales of food and beverages, as well as building material and garden supplies. ...

  Bloomberg UK retail sales fell unexpectedly last month, finishing the worst year on record as a brutal cost-of-living squeeze pointed towards more pain ahead for the economy. A 6.1% drop in the volume of goods purchased in shops and online reported by the Office for National Statistics (ONS) was the sharpest since records started in 1989. A separate report ...

  Bloomberg London’s Heathrow airport was forced to cancel some departures on Monday amid thick fog and freezing temperatures. There may be “minor changes” to schedule as a result of poor visibility at the airport as well as across the southeast of England, a Heathrow spokesperson said. Airlines are working to rebook passengers on alternative services later in the day, ...