The UK’s Groceries Code Adjudicator is investigating Amazon over alleged delays in payments to suppliers, suspecting a breach of the Groceries Supply Code of Practice. Amazon has pledged full cooperation. Meanwhile, corporate insolvencies in England and Wales rose 15% year‑on‑year in May, with 2,238 firms collapsing, and personal insolvencies up 5%. Additionally, UK public sector borrowing hit £17.7 billion in May—the second‑highest since records began. Meanwhile, retail sales plunged 2.7%, the steepest monthly drop since December 2023
The UK’s Groceries Code Adjudicator