City Of London

Primark Products in Demand Amid Budget Squeeze: The London Rush

Photographer: Emily Macinnes/Bloomberg
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The cost crunch many households are facing seems to be helping budget fashion chain Primark. Its sales recently topped expectations as shoppers were buying warm clothes and visited stores more often than last year when the omicron variant of Covid was deterring consumers from mixing in public. Meanwhile, the oil industry’s biggest party is properly returning to London this week.

Here’s the key business news from London this morning: