Bloomberg UK retail sales fell at the sharpest pace in eight months in August as a worsening cost-of-living crisis and plunging confidence forced consumers to cut back on spending. The 1.6% drop was more than three times the decline predicted by economists and reflects the squeeze on households from soaring energy bills and inflation near a 40-year high. All retail ...

Bloomberg SAS AB Chief Executive Officer Anko van der Werff said he’s confident the Scandinavian airline will emerge successfully from a Chapter 11 restructuring after winning clearance for a $700 million financing package and seeing a rebound in its own performance. Approval for the Apollo Global Management funding from a US bankruptcy judge is “the biggest and most important news” ...

  Bloomberg British Airways will scrap 100 flights from its London Heathrow base on Monday and re-time others as the airport, airlines and air traffic controllers work to minimise noise during Queen Elizabeth II’s state funeral. About 15% of Heathrow’s schedule will be altered, according to the hub, with flights halted for various durations through the day. There will be ...