Headline News
Frasers backs N Brown takeover as it ups pursuit of Mulberry
Mike Ashley’s Frasers Group confirmed it was backing the £191m takeover of N Brown on Friday, as it continued its pursuit of luxury handbag brand Mulberry.
3i Group picks bankers to sell pet food maker MPM - report
Listed private equity firm 3i Group has reportedly picked bankers to sell the pet food manufacturer behind leading brands such as Applaws.
BP considering sale of minority stake in offshore wind business - report
BP is reportedly considering selling a minority stake in its offshore wind business, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewables.
Boohoo launches strategic review as CEO steps down
The boss of Boohoo Group is to step down, the struggling retailer announced on Friday, as it posted a slump in half-year sales and launched a review of the business that could potentially see it broken up.
Future CEO Steinberg to step down next year, shares tumble
Future said on Friday that chief executive Jon Steinberg plans to step down from the board later next year to relocate back to the US with his family, sending shares in the media group tumbling.
China's economic growth slows in third quarter
China’s faltering economic growth slowed in the last quarter, official data released on Friday showed, although the slowdown was not as steep as feared.
UK retail sales beat expectations - ONS
UK retail sales ticked higher in September, beating expectations, as consumers splashed out on technology, official data showed on Friday.