The Competition and Markets Authority (CMA) is planning a formal competition investigation into e-commerce giant Amazon, the Financial Times reported on Thursday, citing three unidentified people familiar with the situation.
The CMA has been analysing Amazon's business for months, the newspaper said, adding regulator was focusing on how the online retailer uses the data it collects on its platform.
The competition watchdog has also scrutinised how Amazon decides which merchants appear in the crucial 'buy box' - the white panel to the right-hand side of a product where buyers click to add the item to their cart, the report added.
Amazon did not immediately respond to a request for comment on Thursday.
A probe into the company may focus on whether Amazon favours merchants that also use its logistics and delivery services when deciding who has access to the buy box and to its Prime customers, the newspaper said, citing the sources. The timing and scope of the probe were still being worked on, it said.
The investigation was likely to cover similar ground to probes under way in the European Union, according to the report.
Brussels has two open probes into Amazon - one that is looking at how the company is using data to advance its own products to the potential detriment of rivals, and another which is looking at the criteria for the use of the buy box.
A single UK-wide scheme deposit return scheme (DRS) would be far more successful, efficient and effective, retailer body the Federation of Independent Retailers (the Fed) has stated, expressing surprise and some concerns over Welsh government’s decision to press ahead with its own deposit return scheme for bottles and cans and not to join a UK-wide DRS.
The Fed’s National President Mo Razzaq has further warned that this decision by Wales - coupled with its intention to include glass in its scheme - would cause unnecessary confusion. He commented: “While we applaud Wales’s desire to make its deposit return scheme a success, we would prefer to see one single scheme for the UK.
“Interoperability across the UK is vital, so that anyone buying a drinks can in England will have the confidence that they can return it in Wales.”
Razzaq added, “A single UK-wide scheme would be far more successful, efficient and effective, enabling shoppers to understand and embrace DRS as quickly as possible.”
In a written statement yesterday, the Welsh government confirmed that it “was not able to proceed with the joint process.
It had always maintained that glass would be part of its deposit return scheme. Earlier this month, the UK government confirmed that it would not include glass in the scheme.
Deputy First Minister Huw Irranca-Davies, who has responsibility for climate change, confirmed Wales’s deposit return scheme “supports the transition to reuse for all drinks containers including those made from glass.”
Through DRS, consumers will pay an additional 20p when they purchase a drink in a single-use container. This is redeemed when they take the container back to a return point operator.
Razzaq added: “The Fed has always been very supportive of a UK-wide DRS as we believe it has huge potential to boost recycling and curb litter – two issues that impact on the environment and people’s quality of life.”
Welsh member Vince Malone added: “This is a concerning development, as Fed members believe a Welsh DRS scheme can only work effectively if it has a UK scale and is aligned with the rest of the country.”
According to Keep Britain Tidy’s National Litter Survey, by volume, drinks containers make up 75 per cent of the litter found on streets. Estimates suggest that more than eight billion drinks containers are wasted across the UK each year.
Retail insolvencies remained flat in the lead up to the Budget, shows a recent report, though experts feel that a wave of distress is expected following the Chancellor’s increase in employers’ National Insurance contributions and National Minimum Wage.
Today’s company insolvency statistics show retail trade insolvencies fell slightly from 2,101 in the 12 months to September 2023, to 2,089 in the 12 months to September 2024, and were flat month-on-month (137 in August 2024 to 138 in September 2024).
Gordon Thomson, restructuring partner at leading audit, tax and consulting firm RSM UK, said, “While retail insolvencies were flat in the lead up to the Budget, a wave of distress is expected following the Chancellor’s increase in employers’ National Insurance contributions and National Minimum Wage, due to the vast number of people employed in the industry.
"The current statistics may be the calm before the storm as additional costs put further pressure on retailers’ already-stretched margins, leading to an increased rate of insolvencies in Q1 2025.
“Consumer confidence has been shaky in the lead up to the Budget, and it’s crucial this returns to avoid a disappointing Black Friday and Golden Quarter. Confidence is needed to drive a boost in consumer spending and to the overall UK economy, which saw meagre growth of 0.1% in the last quarter.
“The retail sector is also grappling with increased crime rates, which not only has a devastating impact on margins but also on staff morale. The government’s promises to tackle shoplifting are more important than ever during this festive period, but that alone won’t be enough to revive the sector.
"Retailers will be holding on to see how the next few months perform, but further support is needed to avoid more having to close their doors for good.”
Today, on The National Lottery’s 30th birthday, operator Allwyn is announcing that, through selling tickets, National Lottery retailers have helped players raise a landmark £50 billion for Good Causes since 1994 – funding an incredible 700,000 individual projects across the UK.
Allwyn is also announcing that National Lottery retailers have now earned over £8 billion in sales commission since the first draw on Saturday 19 November 1994.
In addition to changing the face of communities up and down the UK, more than 7,400 millionaires have been created and over £95 billion awarded in prizes since the launch of The National Lottery in 1994.
Over 570 dedicated independent National Lottery retailers have been selling The National Lottery since launch – including Brian McLister, owner of McLister’s Store in Ballycastle, and Raj Patel, owner of News Bit in Bushey.
Through selling National Lottery tickets to players, Raj’s store has raised over £700,000 for National Lottery Good Causes since 1994, while Brian’s store has raised over £650,000.
“I feel proud that we’ve been able to make a difference,” said Brian McLister, owner of McLister’s Store in Ballycastle. “We’ve always strived to serve our local community and to help wherever we can. It’s great to be able to see the benefit of National Lottery funding in your area. Our local museum has been completely regenerated thanks to the funding they’ve received. It feels good to know that we’ve helped in some way.”
Raj Patel, owner of News Bit in Bushey, added: “Whenever I hear that over £30 million is raised every week for Good Causes, it makes me happy that by selling tickets and Scratchcards in my store, I’m helping in some way.”
Allwyn has been running some special games and draws to celebrate three decades of The National Lottery, including:
Last Saturday’s (9 Nov) special Lotto £15 million "Must Be Won" draw which saw a millionaire made and the jackpot roll down to boost all the lower prize tiers.
A EuroMillions 100 European Millionaire Maker draw on Saturday 22 November which will see 100 prizes of £1 million (or €1 million) guaranteed to be won in a single night.
A special 30th birthday Scratchcard that hit stores in the lead up to the birthday and offers the best chance of winning £30 on a game, as well seven top prizes of £300,000.
Brian McLister
Allwyn’s Interim Retail Director, James Dunbar, said: “By selling billions of tickets, and continuing to be the majority sales channel, it’s hard to ignore just how central National Lottery retailers have been in helping players raise £50 billion for Good Causes since 1994. They’ve now earned over £8 billion in sales commission along the way, which further demonstrates the incredible impact of The National Lottery on the UK over the last 30 years. We would like to thank retailers for their amazing commitment and support over the last three decades.”
Three decades of National Lottery funding has created an unparalleled legacy: powering athletic excellence, protecting cultural treasures, advancing artistic achievement and strengthening communities nationwide.
Running alongside the major initiatives are the hundreds of thousands of grants – usually for £10,000 or less – which help small projects to make an amazing difference in their areas.
Since funding began in 1994, UK athletes have won more than 1,000 Olympic and Paralympic medals. The National Lottery has funded the making of more than 600 films which have won an incredible 551 awards, including 16 Oscars, 128 BAFTAs and 34 Cannes awards. Popular attractions and notable landmarks across the UK such as the Eden Project, the Giant’s Causeway, the Kelpies, the Angel of the North and Wembley and the Principality Stadium have all received support from The National Lottery.
Nearly half of Brits (44%) say they would prefer a G&T to a cup of tea when getting together with friends, according to a new survey by spirits major Bacardi Limited.
The UK consumer survey was conducted as part of the sixth annual Bacardi Cocktail Trends Report which anticipates the key trends redefining global cocktail culture and the spirits business in 2025.
Cocktail culture in the UK is continuing its growth trajectory with nearly half (48%) of all Gen Z consumers (aged 18-29 years old) surveyed saying they would prefer to celebrate a special moment with a cocktail instead of Champagne.
The same group also has a growing interest in cocktails over beer and wine. In the UK, 35 per cent of Gen Z respondents said that compared to last year they are more likely to drink a cocktail than beer and 29 per cent said the same about wine.
“As a family-owned company that’s been around for over 160 years, Bacardi has a strong track record of identifying trends in what and where people are drinking,” says Steve Young, business unit director for Bacardi in the UK & Ireland.
“It’s how we ensure our portfolio of premium spirit brands, including Bacardí rum, Bombay Sapphire gin, Grey Goose vodka and Patrón tequila, are the drinks enjoyed by each new generation of consumers.”
Commenting on the UK’s top 10 cocktails for 2025, Davide Zanardo, head of advocacy for Bacardi in the UK & Ireland, said: “The G&T tops our poll for 2025 so perhaps it’s not surprising it’s now rivalling the cup of tea as the country’s national drink. The love that Brits have for Bombay Sapphire has made the iconic blue bottle a feature in bars, stores and homes across the UK.
“In 2025, the tequila trend will be unstoppable with the Margarita shooting up the rankings of the most popular cocktails in the UK, rising eight places from number 13 in 2024 to fifth in 2025. Agave is what everyone in the industry is talking about and that’s reflected in the demand for ultra-premium tequilas like PATRÓN.”
Top 10 UK cocktails for 2025 are:
1. Gin & Tonic
2. Piña Colada
3. Mojito
4. Rum & Coke
5. Margarita
6. Passionfruit / Pornstar Martini
7. Vodka & Lemonade
8. Irish Coffee
9. Daiquiri
10. Gin & Lemonade
Globally, the five macro-trends defined by the 2025 Bacardi Cocktail Trends Report are:
1: Premium Fans. Fandoms are redefining premium entertainment as they invest in immersive experiences that embrace hospitality add-ons and bespoke travel packages, and next year’s highly anticipated Oasis reunion is only going to fuel this trend. Brands and venues are responding to this demand with offers that include luxury hotels for “gig-tripping” packages and sports bars curating exclusive cocktail experiences. The synergy between fandom and premium spirits at live events is helping to shape the future of entertainment.
2: In-The-Know Imbibing. Cocktail culture is evolving from spectacle to substance, as IYKYK – i.e. If You Know You Know – experiences take centre stage. Mixologists will transform into designers, educators and opinion leaders, using their craft to create a more meaningful connection with every person that walks into their bar. In fact, 61 percent of UK respondents to the Bacardi Consumer Survey are concerned that drinks created by AI will miss the emotional and artistic finesse of bartenders.
3: New Cocktail Frontiers. Digital fatigue and a growing desire for cultural exploration mean people are craving real, multi-sensory engagement—in fact, UK respondents to the Bacardi survey ranked cocktails that provide a multi-sensory experience as a key reason for paying more. This shift is transforming how people enjoy drinks and where they enjoy them. 2025 will see the rise of immersive venues which cater to early evening, sensory-rich cocktail moments.
4: Culinary Connoisseurs. The line between food and drink is blurring as mixologists experiment with kitchen staples like milk, oil, and brine to create a new wave of gastro-inspired drinking experiences. Nearly three-quarters (70%) of bartenders draw inspiration from the culinary arts when creating cocktails, according to the Bacardi Global Brand Ambassador Survey. This trend aligns with consumer interest in savoury and herbaceous flavours, which grew by 20% and 15% respectively in 2024.
5: The Future Spirit. As brands evolve to align with the values of next-gen consumers, 2025 will see a push for inclusivity and a drive for positive change. A strong focus on community building and education will see support for organizations that improve the hospitality landscape. The Bacardi Global Brand Ambassador Survey underscores the industry's motivation for deeper connection with 62% of respondents expressing interest in more professional networking opportunities in 2025.
Thousands of British farmers today (19) are set to march to Parliament Square to protest against the end of an inheritance tax exemption that has helped family farms pass down the generations, saying the move will threaten food production.
First unveiled in chancellor Rachel Reeves’s Budget, the plans to impose inheritance tax on farms worth more than £1m have sparked fury among rural communities, who have contested the government’s assertion that small family farms will not be impacted by the changes.
Opposition to the so-called "tractor tax" is one part of a wider backlash against Reeves's financial plans. Farmers say the change will threaten the viability of family farms, which often have tight profit margins, and that their children will have to sell land to cover the tax bill, raising the risk that food production will suffer.
The National Farmers’ Union (NFU) has organised an event in which 1,800 of its members will meet with local MPs at Westminster to voice their anger on Tuesday, as thousands are also separately expected to stage a demonstration in Whitehall. Protest organisers say that while this event will be peaceful and include children driving toy tractors, rallies could escalate in the future if the government refuses to budge.
In an interview with BBC News, Tom Bradshaw, president of the NFU, said that farmers felt particularly aggrieved because last year, when Steve Reed was shadow environment secretary, he said Labour was not planning to change agricultural property relief (the inheritance tax exemption). He said farmers only started hearing rumours that the government was going to go back on this about a week before the budget.
He said he did not accept the government’s claims that most farms will not be affected by the change. Instead, he said, “75 per cent of the commercial farms in the United Kingdom will be within the scope of this policy change.”
Bradshaw also said farmers were willing to work with the government to produce a better version of the policy. He explained: "This policy is ill thought through. There’s still a 20 per cent benefit for the uber-wealthy to invest in agricultural land, and with the changes they’ve made to pensions, they’ve now incentivised people to rip money out of pensions and invest in up to £1m of agricultural land.
"That is not going to deliver for food security. It’s absolutely nonsensical. It’s not joined up. There’s no thought about the impact on food production or the families that produce this country’s food.
"Let’s sit down [with the government]. Give us the question. Tell us what the exam question is. We will work with you. If you want to stop people using land as a tax dodge, let’s work out the policy that does that. But this policy is not the answer."
The government argues that tax exemptions have led to wealthy non-farmers seizing agricultural land and pricing out genuine young farmers, and point to Budget funding of £5bn to help farmers produce food.