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UK online retail spending rises 10.5% in March

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UK online retail spending rose 10.5% year on year in March as overall retail sales remained firm, according to figures cited by Parcelhero.

The delivery and retail analysis company said online sales values rose 2.4% from February, while total retail sales volumes increased 0.7% month on month. Over the first quarter, retail sales volumes were up 1.6% from the previous quarter.

The figures suggest a resilient consumer market at a time when there were concerns conflict involving Iran could weigh on household confidence and demand. The latest Office for National Statistics retail sales bulletin showed spending held up better than expected.

Some store-based categories also performed well. Textile, clothing and footwear retailers recorded a 1.2% rise in sales volumes as spring ranges reached shops.

David Jinks, head of consumer research at Parcelhero, said some of March’s strength was driven by fuel buying rather than broader discretionary spending.

“While there were understandable concerns that the Iran conflict, which started at the end of February, would impact consumer spending, ironically it helped drive up March’s result due to people stockpiling petrol. With automotive fuel sales stripped from the figures, March’s sales volumes were actually only 0.2% up overall.”

“What is in no doubt is that eCommerce did well. In terms of sales volumes, non-store retailers, the ONS category that is predominantly online sellers, reported volumes up 1.4% in March and 3.7% in Q1. March non-store sales volumes reached their highest level since February 2022.”

“The most spectacular results of all were for eCommerce sales values, the amount spent online. Online sales values rose by 2.4% in March over February and by 10.5% year on year, comparing March 2026 with March 2025.”

“Of course, monthly retail figures are notoriously volatile, which is why the ONS is increasingly concentrating on three-month figures. Q1 online sales values rose 2.5% compared with the previous quarter and, saving the best figures till last, 11.7% year on year against Q1 2025.”

“We’ll end with a snapshot of retail’s overall health. Total spend, the sum of in-store and online sales, rose 1.8% in March and online sales claimed 28.7% of the entire retail market. It will be fascinating to see if this surprisingly strong set of retail results holds up in April as the Iran conflict drags on.”

“Ultimately, however fickle or strong key retail periods of the year prove to be, stores with both a High Street and online offering are the most protected against unexpected events. Parcelhero’s new report, ‘2030: The High Street Fights Back?’, has just been launched as the sequel to its 2016 publication, ‘2030: The Death of the High Street’. The update examines the impact of eCommerce and events such as the pandemic on the High Street. It concludes that the High Street may not have reached a dead end by 2030 but, in this new age of retail, it will have arrived at its biggest crossroads,” Jinks said.

Online share

Beyond the monthly rise, the quarterly numbers suggest internet shopping continued to take a larger share of household spending. Online sales accounted for 28.7% of the total retail market in March.

That matters for retailers balancing store estates with digital operations. The data suggests consumers continued to direct a substantial share of spending online even as physical categories such as clothing improved.

The non-store category, used by the ONS to capture predominantly online sellers, reported sales volumes up 1.4% in March and 3.7% across the first quarter. March marked the highest level for non-store sales volumes since February 2022.

Mixed picture

The broader retail picture was less dramatic once fuel was excluded. Underlying sales volumes would have shown only a 0.2% monthly rise without the boost from automotive fuel purchases.

That highlights the tension within the numbers. Headline retail growth remained positive, but part of the increase appears to have come from precautionary buying linked to geopolitical uncertainty rather than a broad-based surge in discretionary consumer demand.

Even so, online spending values outpaced the rest of the market. First-quarter online sales values rose 2.5% from the previous quarter and were 11.7% higher than the same period a year earlier.

The contrast between sales values and sales volumes is also notable. Higher values can reflect consumers buying more items, spending more per purchase, or changes in product mix, while volume figures track the amount bought more directly.

For retailers, the data suggests digital channels remained a source of growth during a period of external uncertainty. It also underlines the uneven nature of consumer spending, with some sectors benefiting from seasonal demand and others from short-term reactions to international events.

March’s results combined several themes at once: a resilient headline retail market, a stronger showing for online spending, and a more modest underlying picture once fuel effects are removed. Online sales claimed 28.7% of the retail market.



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QuEra’s Libra fault-tolerant quantum computer due in 2028

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QuEra Computing has announced Libra, its first fault-tolerant quantum computer, and plans to make the system available on Amazon Braket in 2028.

It has also expanded its multi-year strategic collaboration with Amazon Web Services, with Libra becoming the first system covered by the broader agreement.

The Boston-based quantum computing company describes Libra as a megaquop-class machine, a term it uses for a system intended to carry out about one million reliable logical quantum operations. The machine is projected to offer more than 256 error-corrected logical qubits and a logical error rate of 10−6.

Fault-tolerant quantum computing is widely viewed as a key step beyond today’s error-prone systems because it is intended to support longer, more dependable calculations. QuEra says this could open a path to early commercial and research workflows in fields such as molecular simulation, materials discovery and optimisation, where classical computing methods can struggle as problems grow larger.

AWS link

Under the arrangement, AWS customers will be able to access Libra through Amazon Braket, the cloud group’s managed quantum computing service. AWS says Braket gives users a single environment to build and run quantum applications alongside existing classical infrastructure, including high-performance computing, artificial intelligence and machine learning services.

The tie-up extends a relationship that began in 2022, when QuEra’s Aquila system became available on Amazon Braket. Aquila is a 256-physical-qubit neutral-atom quantum computer, while QuEra’s Gemini system, which the company says has logical-qubit functions, is co-located with the ABCI-Q supercomputer in Japan.

Andy Ory, chief executive officer of QuEra Computing, said the company sees the announcement as part of a broader shift in the industry.

“Fault-tolerant quantum computing is moving from a scientific milestone to an engineering and deployment roadmap,” Ory said.

“We have executed this roadmap in the open, with peer-reviewed milestones and validated system advances. Libra brings fault-tolerant computing to the cloud at scale in 2028. It is an important step forward, and subsequent generations will scale even further, as we will reveal in our roadmap webinar later this month. We are inviting leaders to engage now so they can build the talent, use cases and workflows needed to be ready when these systems come online,” he said.

Research base

QuEra says every building block of the Libra architecture has already been validated in peer-reviewed research. It points to eight papers in Nature and Physical Review Letters by its teams and by researchers in the laboratories of its scientific founders at Harvard and MIT.

According to the company, the papers cover logical qubits, below-threshold error correction, transversal logical operations, fast decoding for real-time error correction, sustained operation of thousands of qubits with continuous atom reloading, and error-correcting codes intended to reduce the number of physical qubits needed for each logical qubit.

Neutral-atom quantum computing has drawn increasing attention as one of several technical approaches in the race to build practical quantum systems. QuEra’s strategy has focused on demonstrating error correction and then scaling towards fault tolerance, rather than only increasing raw qubit counts.

Amazon Web Services says the collaboration reflects its view that fault-tolerant quantum systems will become part of customers’ computing environments.

“We believe fault-tolerant quantum computing will become a foundational part of how customers solve their hardest computational problems on AWS. QuEra’s technology has demonstrated a clear path to that future. By bringing these capabilities to customers through Amazon Braket, they can combine QuEra’s fault-tolerant quantum processors with the scalable AWS HPC and AI services they already rely on,” said Eric Kessler, general manager of Amazon Braket at AWS.

Commercial pressure

QuEra is also using the announcement to urge potential users to prepare for fault-tolerant systems before they become commercially available. It plans to keep building successive in-house generations of fault-tolerant systems ahead of Libra’s release, both to refine the design and to give selected partners earlier access to working environments.

Yuval Boger, chief commercial officer of QuEra, said organisations that delay planning could lose time once the systems arrive.

“Waiting until 2028 to build a quantum strategy is a competitive risk,” Boger said.

“The algorithms that will harness fault-tolerant systems at this scale might not yet exist. Given that Libra will be available on the cloud in 2028 with a one-in-a-million error rate, the organizations that start co-developing now will be operational on day one, not catching up,” he said.

Industry analysts say the announcement marks an important moment for a field often criticised for setting ambitious targets without enough technical disclosure. QuEra’s emphasis on peer-reviewed milestones appears intended to distinguish its timetable from less transparent claims in the sector.

“QuEra’s plan to deliver fault-tolerant systems in 2028 represents a significant inflection point for the quantum computing industry. QuEra’s approach entails publishing every milestone, validating through peer review and now offering concrete QC end-user engagement paths. This disciplined and visible strategy is what aspiring QC end users in HPC centres and related government programs want to see before committing substantial resources to an emerging technology,” said Bob Sorensen, chief analyst for quantum computing at Hyperion Research.



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Bicester Village Itsu free sushi giveaway for World Day

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The restaurant is offering the first 30 customers who arrive wearing something pink the chance to claim a complimentary tuna and salmon sushi box, usually priced from £6.49.

The box includes line-caught yellowfin tuna nigiri, omega-3 rich sashimi-grade Atlantic salmon nigiri, plus wasabi, pickled ginger and soy sauce.

READ MORE: Royal Mail slammed for ‘useless’ service in Oxfordshire town

Siobhan Connolly, head of food, said the giveaway aims to build on last year’s celebrations, which saw more than 40,000 customers visit.

She said: “We’ve got sushi on the brain every day, so naturally we wanted to celebrate World Sushi Day in a way our customers would love.

itsu prepares thousands of sushi rolls daily using fresh ingredients delivered each morning.





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Access PaySuite buys Ordo Open Banking infrastructure

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KAREN JOY BACUDO

Finance Editor

Access PaySuite has agreed to acquire Ordo’s Open Banking infrastructure, giving the payments arm of The Access Group ownership of its Open Banking payment rail.

The acquisition adds Open Banking to Access PaySuite’s existing card and Direct Debit services and gives it direct control of the payment acceptance layer across all three methods. Open Banking will be embedded across its platforms as a native feature, rather than offered through a third-party arrangement.

The move comes as Pay by Bank use continues to grow in the UK. Open Banking Limited said the system processed 351 million payments in 2025, up 57% year on year, with more than 16.5 million active users.

Access PaySuite said owning the infrastructure will allow it to combine payment initiation with real-time account data. It is positioning that combination as a way to expand beyond transaction processing into services tied to collections, affordability checks and financial support.

Broader use

In arrears management, live financial data can help housing associations identify hardship earlier, adjust recovery approaches and offer repayment plans during contact with tenants or customers. For affordability assessments, verified account data can replace self-reported figures at the point of application.

The same framework could also support hardship planning by enabling earlier intervention before accounts worsen. In each case, the model relies on linking payment activity with account information at the point a decision is made.

The transaction also paves the way for Variable Recurring Payments (VRP), a real-time alternative to Direct Debit. Access PaySuite said the method gives payers greater control over authorisation while allowing merchants and service providers to collect funds more quickly and with more flexibility.

Control of the infrastructure is also likely to have operational effects within the payments business. The rail can reduce acceptance costs, shorten settlement times and provide more detailed reconciliation data.

These changes matter because many software providers in payments still depend on external partners for parts of Open Banking connectivity. By bringing the infrastructure in-house, Access PaySuite is seeking tighter integration between payment collection and its customers’ software systems.

Regulatory step

The acquisition also sits alongside Access PaySuite’s pursuit of Financial Conduct Authority permissions for Payment Initiation Services and Account Information Services. Those permissions would allow it to provide regulated Open Banking functions directly rather than through another licensed provider.

“This acquisition isn’t about adding a payment method. It’s about what we build with it. We’re embedding Open Banking natively across our platforms, and the bigger opportunity is blending payments with financial intelligence to tackle genuinely hard problems. That’s where payments stop being a utility and start driving real outcomes – more revenue recovered, lower cost to serve, and better financial lives for the people on the other end of every transaction,” said Giulio Montemagno, Managing Director, Access PaySuite.

“Underpinning this is Access PaySuite’s pursuit of FCA permissions for Payment Initiation and Account Information Services. These are not just regulatory milestones, but what makes the next generation of outcomes possible. Together, they open an entirely new class of solution: intelligence embedded directly at the point of need. The UK’s National Payments Vision puts Open Banking at the centre of how payments should evolve. Access PaySuite intends to be at the front of that wave.”

Access PaySuite is the payments division of The Access Group. This business software provider says it serves more than 160,000 small and mid-sized organisations across Europe, the US and Asia-Pacific. The group’s software is used in both commercial and non-profit sectors, giving the payments arm a large installed base into which Open Banking services can be introduced.

For the wider market, the deal reflects a continuing shift in Open Banking from a standalone payment option to a component within sector-specific software. Rather than competing only on checkout conversion, providers are increasingly using bank payment tools and account data to support credit decisions, debt collection and customer support processes.

The trend is particularly visible in sectors where recurring payments, arrears and affordability checks are closely linked, including housing, utilities and other service-heavy industries. Access PaySuite said the combination of payment initiation and account information can be used directly at the point where a customer needs to pay, seek support or be assessed for repayment terms.

Open Banking will sit alongside cards and Direct Debit within a single platform.



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