UK economy grows but experts warn of challenging months ahead
UK economy grew 0.4% between April and June, meeting expectations but prompting warnings that temporary factors like sports events and summer weather drove gains that may not sustain.
Sports Direct owner Mike Ashley buys Harvey Nichols
Mike Ashley’s Frasers Group has acquired luxury department store Harvey Nichols from administration for approximately £40m, taking control of its UK operations while franchise agreements for overseas stores continue.
Water customers are not a ‘blank cheque’, Burnham tells suppliers
The prime minister criticized water companies for raising bills excessively, as regulators approved an additional £3.4 billion in spending on infrastructure and repairs across multiple firms.
Fox won’t renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says
Fox CEO Lachlan Murdoch announced the network will not renegotiate its NFL media rights deal until closer to 2030, when the current contract’s opt-out clause takes effect.
Why airlines are warning over lithium-ion batteries
Airlines are intensifying warnings about lithium-ion batteries on flights after a passenger’s power bank caught fire mid-flight, highlighting growing safety concerns in the aviation industry.
Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein’s growth has stalled in the U.S. and Europe after tariff exemptions ended and the company raised prices to offset higher costs, threatening its IPO prospects.