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Mike Ashely’s Frasers Group has snapped up The Mall in Luton in a £58m deal as the retail giant expresses its “confidence in the future of the UK high street”. The Mall in Luton spans 900,000 sq. ft of space and is home to more than 150 retailers including Primark, TK Maxx, and H&M. It [...]
AO World swung back into profit on reduced costs and better margins as the firm said it made a 17 per cent loss in revenue in its annual results. The white goods retailer said revenue decreased by 16.8 per cent to £1.1bn compared to £1.3bn in the same period last year ending 31 March, as [...]
The boss of Frasers Group, Michael Murray, has described the business rates regime as a “disaster” and urged the government to overhaul the system.
E-commerce retailers which were bolstered by Brits stuck at home during the pandemic are now going bust, a new report shows, as the cost of living crisis continues to eat away at businesses. The number of insolvencies of UK e-commerce businesses rose 71 per cent to 529 in the past year, up from 309 in [...]
England have named their squad for this summer’s Women’s Ashes series. Lauren Filer and Danielle Gibson could make their debuts for England in a series which has seen well over 70,000 tickets sold. The Women’s Ashes sees England and Australia compete in one Test, three International Twenty20 matches and three One-Day Internationals. The likes of [...]
Former Australian Open winner Aryna Sabalenka made it four out of four Grand Slam semi-final appearances this year after the Belarusian toppled Qinwen Zheng yesterday at Flushing Meadows. On track for her first ever US Open title, Sabalenka beat her Chinese opponent 6-1 6-4 in Arthur Ashe Stadium to reach the final four in New [...]
Australian cricket legend Shane Warne has died of a suspected heart attack, aged 52, according to multiple reports from Australia.
Miner BHP has cut forecasted growth in China and reported profits down by 37 per cent last year, but CEO Mike Henry remained optimistic this morning
Our financial services spread opportunities throughout the UK. We have to build on their success to put our country at the forefront, and make it a good place where to live for everyone, writes Chris Hayward
Southampton have confirmed a takeover deal led by Serbian-born cable television mogul Dragan Solak in a deal thought to be worth £100m. Solak is the lead investor of Sport Republic, who have purchased the shareholding of the club held by current owner Gao Jisheng (80%). They will work in partnership with Katharina Liebherr, who retains [...]
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