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News
Inflation

UK inflation rises to 2.5 percent in July

UK inflation rose to 2.5 percent in July, marking the first increase since November. The Office for National Statistics (ONS) said that the Consumer Priced Index...
universe group

UK unemployment falls to record low

According to newfigures from the Office for National Statistics (ONS), UK unemployment has hit the lowest figure in 40 years. Between April and June this year...

Homebase to close 42 stores, risking 15,000 jobs

Homebase has announced plans to close 42 stores by early 2019 resulting in 1,500 job losses. The amount of store closures is less than feared...
House of Fraser

Mike Ashley on House of Fraser: “will try to keep as...

Mike Ashley has vowed to keep most of the 59 House of Fraser stores he purchased last week in a £90 million deal.  The Sports...
royal mail

Royal Mail fined record £50m

Royal Mail (LON: RMG) has been fined a record £50 million for breaching competition laws. Ofcom, the communications watchdog, handed out its largest-ever fine on Tuesday...

Is a Debenhams/House of Fraser merger on the cards?

After Mike Ashley's £90 million purchase of House of Fraser on Friday, there has been much speculation over his plans for the department store. One...

Musk confirms Saudi offer to take Tesla private

Elon Musk has announced that Saudi Arabia’s sovereign wealth fund has made an offer to help make Tesla a private company. The Tesla founder wrote in...
Fusion Antibodies

Fusion Antibodies shares sink amid ‘slower than anticipated’ trading

Fusion Antibodies (LON:FAB) shares sank on Monday after the company update the market on trading for the financial year. Whilst results for the financial year...
Bain Capital

Bain Capital in ‘advanced talks’ over £1.2bn bid for Esure

Bain capital are in 'advanced talks' to take Esure (LON:ESUR) private, with a £1.2 billion bid on the table. Insurance firm Esure confirmed it had...
Train

Train fares expected to rise 2.5 percent in 2019

Train fares are expected to rise 2.5 percent in from 2019, according to economists.  This follows thousands of delays and cancellations over the course of...