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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden

US inflation sticks at 3.7%; UK recession fears linger despite August growth; Ikea to cut prices – as it happened

Economy United Kingdom United States Recession Swati Dhingra GDP Office for National Statistics Adam Cole Darren Morgan Inflation
The Dolphin Mall in Miami, Florida.
The Dolphin Mall in Miami, Florida. Photograph: Joe Raedle/Getty Images

Closing post

After a rather busy day of news, it’s time to wrap up.

Here are today’s main stories so far:

Updated

Wilko is back online!

Wilko’s new owner The Range has relaunched the brand’s website after buying it, plus Wilko’s brand and intellectual property, out of administration last month.

The site offers products across Garden &Outdoor, Decorating & DIY, Home & Furniture, Storage Solutions, Kitchen & Dining, Technology, Cleaning & Household, Pets & Wildlife, Stationery & Office, Kids & Toys and Health & Beauty.

Chief executive Alex Simpkin said it was important that the Wilko brand “had a future”.

“For 93 years, wilko has been a fixture of many British households, synonymous for its breadth of products offering great quality value.

“Using our online and digital expertise, our intention is to continue to offer the best of Wilko brands and products alongside a breadth of household brands to its loyal customers who we hope will be happy to see this trusted brand live on.”

More details here on Retail Gazette.

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