Business

Image copyright Getty Images Image caption Topshop is considered the jewel in Arcadia’s crown A crucial meeting to rescue Sir Philip Green’s Arcadia Group has been adjourned for a week after landlords initially rejected his plan. Landlords of the troubled group’s stores, which include Topshop and Miss Selfridge, were due to vote on a Company […]

Image copyright Reuters Mike Ashley’s retail empire Sports Direct is making its latest High Street expansion move with a £51.9m bid for Game Digital. Sports Direct said it will offer 30p a share for Game Digital under the cash bid, which was triggered after it upped its stake in the chain to 38.5%. But Sports

Image copyright Getty Images Image caption Experts say the government should be frank about the inter-dependence of civilian and military nuclear Energy bills in the UK are inflated partly because households are subsidising nuclear submarines, MPs have been told. Experts think one government motive for backing civilian nuclear power is to cross-subsidise the defence industry.

Image copyright Getty Images The ‘bad bank’ which runs loans granted by Northern Rock and Bradford & Bingley before their financial crisis bailouts has repaid its £48.7bn taxpayer loan. UK Asset Resolution had not expected to repay the crisis-era loan until the mid-2020s but has been able to do so more quickly by selling off

Image copyright Getty Images BMW and Jaguar Land Rover are to join forces on developing electric car technologies. The car giants said they would together to develop electric motors, transmissions and power electronics. Both firms have struggled to maintain profit margins amid falling car sales and higher costs as well as the need to invest

Image copyright Getty Images Jeweller Tiffany has seen worldwide sales fall by 3% to $1bn (£787m) in the first quarter, as it was hit by lower-spending tourists. Meanwhile like-for-like sales at the New York-based firm fell by 5%. The company also said it could be hit by tariff increases on its US exports to China,

Image caption Mr Leekha’s factory manufactures leather goods If you’ve bought a luxury leather handbag in Milan or Manhattan recently, chances are high that it was made in Sanjay Leekha’s three-storey factory in Faridabad on the outskirts of Delhi. But on Wednesday, the 33-year-old family-owned business – along with thousands of other Indian manufacturers –

Image copyright Backto60 Image caption Backto60 won the right to a judicial review into increases in the pension age for women Campaigners will head to the High Court on Wednesday for a judicial review into how the government raised the retirement age for women. Women born in the 1950s claim the rise is unfair because

Image copyright YouTube One of the UK’s top stockpickers has said he is “extremely sorry” after suspending trading in his largest fund. Neil Woodford stopped money going in or out of his Woodford Equity Income Fund on Tuesday after increasing numbers of investors asked for their money back. The move was “necessary to protect investors’

Image copyright Getty Images China has warned its citizens to “fully assess the risks” of travelling to the US given recent “shootings”, as tensions between the superpowers rise. The Ministry of Culture and Tourism warned of threats such as robbery and gun violence, state media said. China’s foreign ministry also said US law enforcement agencies