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Sky News
Body Shop’s remaining stores saved after rescue deal struck
More than 100 Body Shop stores have been saved from closure after a deal was struck to rescue one of Britain’s best known high street chains.The well-known retailer was bought out of administration by a consortium led by “Cosmetics King” Mike Jatania. The millionaire tycoon’s investment firm Aurea announced the completion of the acquisition on …
Business
Sky News
Aston Martin F1 team value soars as investors rev up stakes
The Aston Martin Formula One team is to set a new valuation benchmark by selling a large stake to two of the world’s most prominent investment funds.Sky News can exclusively reveal that HPS Investment Partners, a US-based firm which manages roughly $115bn (£87.6bn) in assets, and Accel, one of the giants of the Silicon Valley …
Business
Business Live
Government must fix ‘antiquated’ business rates, firms and CBI urge
The Confederation of British Industry (CBI) and firms have called on the government to overhaul the “antiquated” business rates system, which they argue is stifling productivity and growth. A panel comprising representatives from retail and manufacturing sectors convened to devise proposals aimed at enhancing the existing system, with the goal of stimulating investment and turbocharging …
Business
Evening Standard
Global stock markets slump as concerns over US economy linger
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The world’s top stock indices continued on a downward trend on Friday as concerns over the US economy persist following the release …
Business
Evening Standard
Ireland’s competition watchdog to investigate Ticketmaster Oasis ticket sales
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Ireland’s competition watchdog has launched an investigation into Ticketmaster over Oasis ticket sales.The Competition and Consumer Protection Commission (CCPC) said it will …
Business
Evening Standard
Ruling over Covid insurance claims a win for thousands of businesses – lawyers
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Insurers’ failed appeals against a “landmark” ruling over a £16 million Covid-19 pandemic-losses claim brought by London’s ExCel centre could allow thousands …
Business
Evening Standard
Dunelm seeks to shrug off challenging market conditions with sales rise
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Furnishings and homeware retailer Dunelm is set to reveal improved sales despite a challenging backdrop for shoppers over the past year.The Leicester-based …
Business
Evening Standard
Average UK house price hits two-year high amid ‘positive summer’ for market
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The average UK house price hit a two-year high in August, up 0.3 per cent on the previous month, according to new …
Business
Sky News
Fears of US recession ease as job creation ticks up
A stronger performance for job creation in the United States appears to have eased financial market fears of a US recession.Closely-watched employment data showed that 142,000 net new jobs were created in the world’s largest economy last month. While that was below forecasts of 160,000, it represented a significant recovery on a downwardly revised total …
Business
Business Live
Welsh Government on track to miss its new social housing target
The Welsh Government is forecast to fall short of its target of 20,000 new social homes in the current Senedd term by around 20% unless it provides additional finance, according to a report from watchdog Audit Wales. The target, set out in the Welsh Government’s 2021-26 programme for government, covers new properties delivered by housing …
Business
Evening Standard
John Lewis brings back ‘never knowingly undersold’ pledge after two years
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.John Lewis has said it will bring back its ‘never knowingly undersold’ price pledge in a major U-turn, two years after ditching …
Business
Evening Standard
Investment bosses praise Labour’s potential scrapping of British ISA
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Labour’s potential plan to abandon the new British ISA has been welcomed by investment bosses who argue it was “doomed to fail”, …

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