Mike Ashley’s Frasers Group has become an investor in online retailer THG as part of a near-£100m fundraising to spin off the lossmaking technology arm Ingenuity. Frasers, which owns Sports Direct, Evans Cycles, the House of Fraser department stores, the luxury streetwear chain Flannels and multiple brands from Slazenger to Jack Wills, has made a…
Modbury, Devon Arguably in need of modernisation, this Grade II-listed three-storey townhouse is in the heart of town with five bedrooms and three bathrooms. A large entrance hall leads into a study, sitting room, kitchen and utility room. On the first floor there are two bedrooms, another study and a large family room at the…
A year since storms wreaked havoc on parts of rural Suffolk, where picturesque black and white cottages were among the properties flooded, some owners are still not back in their homes. Despite having thought they were fully insured, some of these house owners are badly out of pocket. The catch was in the small print…
The leaders of the world’s biggest green energy companies have promised more than £24bn of new private investment across Great Britain ahead of a meeting with the prime minister on Friday. Keir Starmer is expected to meet the green energy bosses on the sidelines of the first Council of Nations and Regions in Edinburgh to…
Labour’s general election manifesto said the government would introduce its workers’ rights package within its first 100 days. On Thursday, on day 97, it fulfilled that promise. Parliament will debate the newly published employment rights bill on Monday week. Even so, this is only one stage in a longer workplace reform journey taking more than one…
The answer to the question of what to do on HS2 (Nils Pratley on finance, 7 October) depends on the opportunity cost. Everything that can be done is affordable, but if the Treasury insists that the price of more for HS2 is child poverty, cold pensioners, unbuilt hospitals and more obstacles to compensation for victims…
A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024. Riccardo De Luca | Anadolu | Getty Images Summer trips to Europe are getting too hot for thousands of tourists. Delta Air Lines president Glen Hauenstein…
Ikea has said price cutting “remains a priority” after sales at its UK business fell last year as hard-pressed shoppers cut spending on furniture and home improvement. The Swedish group said UK sales fell nearly 7% to £2.3bn in the year to August as the number of items sold slipped back and it lowered prices.…
The French energy company EDF is reportedly in talks with investors to raise up to £4bn to finish the delayed Hinkley Point C project in Somerset, Britain’s first new nuclear reactors in a generation. The utilities company, owned by the French state, has approached investors to help cover the ballooning cost of constructing the nuclear…
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images United Airlines is plotting a 2025 international expansion that spans Senegal to Mongolia and Greenland to Palau, a bid to win over travelers who have already had their fill of…
