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Fashion stakes

Asda’s new owners consider selling George business

George at Asda
George may find a new owner Asda’s new owners are said to be looking to spin-off the supermarket chain’s George fashion and homewares business. Mohsin and Zuber Issa, together with investmentRead More

Daily Business Live

Inflation spooks market; retail weakens; Commsworld update

Charles Quinn
REFRESH PAGE FOR UPDATES 4.30pm: Inflation spooks investors The FTSE 100 ended the session down 0.56% at 6,710.90 as investors digested a rise in inflation. Sterling fell 0.4% against the dollar toRead More

Relief extended

Businesses cheer as no rates to pay for next year

Kate Forbes delivering Scottish budget
Kate Forbes: extra support Shops, pubs, tourism and aviation businesses have been handed a huge lifeline after Finance Secretary, Kate Forbes confirmed they will pay no business rates for theRead More

Daily Business Live

Frasers sells French Connection stake; Boohoo Arcadia deal

French Connection
REFRESH PAGE FOR UPDATES: 9.30pm: Wall St’s winning streak The Dow Jones secured its longest daily winning streak since August as traders grew confident about Covid-19 stimulus. The index closedRead More

Level playing field call

Retailers urge Chancellor to shake-up tax system

Princes Street, Edinburgh
Retailers fear more closures without tax reform (pic: Terry Murden) Britain’s supermarket and other retail giants have called on Chancellor Rishi Sunak to introduce a level playing with online companiesRead More

Daily Business Live

Energy bills to rise as utility price cap ends; shops footfall steepens

gas, Ofgem, price caps
REFRESH PAGE FOR UPDATES 4.30pm: FTSE nudges lower The FTSE 100 recovered from a sharp mid-afternoon dip to close 14.39 points lower at 6,489.33. 4pm: Aggeko bid offer TDR CapitalRead More

Report on retail

Tax and rates reform would help revive ghost towns

empty shops in Glasgow
Empty and rundown shops are a blight on town centres (pic: Terry Murden) Radical changes to the tax and rates system and a ban on out of town retail parksRead More

Floristry

2012 torch relay producer joins Scots online florist

A brand marketing specialist who played a key role in the 2012 Olympics torch relays has joined Flowercard, a Scotland-based online florist and personalised gifting specialist. Deborah Hale, who wasRead More

Daily Business Live

Moonpig prices IPO; SSE divi pledge; Virgin Money update

Moonpig
REFRESH PAGE FOR UPDATES 4.30pm: London closes higher The FTSE 100 closed up 50.53 points at 6,516.65. 2.40pm: Phased reopening of schools Schools in Scotland will begin a phased reopeningRead More

Daily Business Live

ASOS buys TopShop; TSB returning to profit; Ryanair loss

TopShop Edinburgh
REFRESH PAGE FOR UPDATES 4.30pm: Index tracks higher The FTSE 100 remained in positive territory throughout the session and closed 58.96 points (0.92%) higher at 6,466.42. 2.50pm: Call to protectRead More