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Business

  • Mark Kleinman: Frasers’ touchiness shows importance of Harvey Nicks swoop for Ashley

    August 21, 2026

    Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Touched a raw nerve? Michael Murray, the chief executive of Frasers Group, was forthright in comments to City AM last month when it was put to him that some luxury brands had expressed concerns about Harvey Nichols [...]

  • Consumer confidence extends upward streak in boost to Burnham and Healey

    August 21, 2026

    Consumer confidence rose for the fourth straight month in August in a sign that Brits are buying into the government’s push to tackle the cost of living, a leading survey has suggested. GfK’s consumer confidence index rose to -14 this month, up three points from the net score last month.  Consumer confidence has been rising [...]

  • Rayevka can carry Nunthorpe back to France

    August 20, 2026

    WITH the rain that has fallen at York and dry conditions forecast for the rest of the meeting, the ground could ride tacky on Friday. That’s likely to place emphasis on stamina and the conditions should suit French raider RAYEVKA in the day’s big race, the Group One Nunthorpe Stakes (3.35pm). Francis-Henri Graffard’s four-year-old is a [...]

  • Prince Harry braces for eye watering legal bill after Daily Mail defeat

    August 20, 2026

    The litigation costs Prince Harry and a group of six other household names will have to pay the Daily Mail’s publisher are set to be decided on Friday after the group lost their high-profile phone-hacking case. The celebrity group waged a long-running legal battle against Associated Newspapers over allegations of illegal information gathering and phone [...]

  • Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover

    August 20, 2026

    Frasers Group has offered to secure the pay of personal shoppers and stylists at Harvey Nichols after Mike Ashley’s retail empire bought the luxury department store. The Sports Direct and Flannels owner will make “goodwill payments” to a number of personal shoppers and stylists who were left owing money when Harvey Nichols collapsed. Frasers snapped [...]

  • Budget supermarket Iceland’s sneaky jab at Big Four management consultants

    August 20, 2026

    Supermarket chain Iceland has shared a subtle dig at management consultants on its website. There is a tongue and cheek reference to a £16m spend on external consultancy firms which include Big Four giant PwC, during a turbulent era for the business in the early 2000s. The retailer, known for selling frozen food, published a [...]

  • Exclusive: Plans for city-based, private equity-backed athletics league revealed

    August 20, 2026

    An audacious new athletics league that will see city franchises, road running and stakes sold to competitors is seeking funding to the tune of seven figures ahead of a 2027 launch, City AM can reveal. Former runner Florian Lussy is spearheading the as yet unnamed project – under his R-evo Ventures firm – which will [...]

  • Healey told tax rises for fiscal remedy are ‘not required’

    August 20, 2026

    Chancellor John Healey does not have to raise taxes to offer the UK economy “immediate remedial action” at the Budget, a top City economist has said.  Panmure Liberum economist Simon French, who formerly worked at the Treasury, said the fiscal outlook for the government would be “broadly in the same position” as in the beginning [...]

  • Amazon says it buys books in bulk to ‘improve products’

    August 20, 2026

    Amazon has said it buys books through commercial channels to develop its products after an investigation traced a bulk order of rare books to a facility where workers reportedly destroy and scan physical copies. “Amazon purchases books through commercial channels to help develop and improve the products and services our customers use,” an Amazon spokesperson [...]

  • Are cars really the problem? London cyclists, it’s time to look within our ranks

    August 20, 2026

    Have vigilante cyclists shouting at cars been waging the wrong war? Mauricio Alencar says it's time for cyclists to look within their own ranks.

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