Littlewoods and Very.co.uk group Shop Direct has secured a £75 million equity injection from owners, the billionaire Barclay brothers, as it looks to cover a hefty payment protection insurance bill.
Consumers were unexpectedly cautious in their spending in October after showing sustained confidence in the face of Brexit uncertainty, official figures show.
Analysts have warned that the UK economy is “spluttering” and “slowing down” despite returning to growth in the third quarter of 2019.
The boss of Perth-based energy giant SSE has called on the Government to go “harder and faster” on wind power to achieve its net zero aims by 2050.
The “big four” supermarkets have seen a slow start to the crucial festive period despite shoppers already spending £17 million on mince pies and £3 million on Christmas puddings, figures show.
Shopping centre owner Landsec has plunged to a half-year loss after taking a £368 million hit on the value of its properties from woes in the retail sector.
National Lottery operator Camelot has reported record half-year results, boosted by sales for the £170 million EuroMillions prize won by a single UK player last month.
Vodafone has warned that the end of a long-running court battle with authorities in India could lead to the telecoms giant quitting the country.
The nation’s sweet tooth helped set Mr Kipling-maker Premier Foods on the road to recovery in the first half, with cake sales rising 8%.
Scottish beer firm Innis & Gunn yesterday committed to the future of Perth’s Inveralmond Brewery as it launched a crowdfunding campaign for a new Edinburgh production facility.