The London Rush

UK Retail Sales Jump as Drivers Stock Up on Petrol and Diesel

Fuel demand boosts retail sales; Mondi cuts jobs as Iran war takes toll
Shoppers on Oxford Street in London.Photographer: Jason Alden/Bloomberg
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Morning, I’m Jacob Reid from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories.

Some good news to end the week. UK retail sales jumped by 0.7% in March, according to the ONS, defying economists’ expectations that they would stagnate.