The crisis-hit firm has clashed with its shareholder Boohoo throughout the week over how the business should be run.

The FTSE 100 fell 0.76%, down 57.15 points to 7,502.03, with banks and housebuilders among the biggest fallers.

Rishi Sunak said ‘we are going to get through this’ as he doubled down on his mission to halve inflation.

The move is set to deepen the mortgage crisis as borrowing costs are hiked up for the 13th time in a row.

Economists agree that the Bank is likely to raise interest rates on Thursday, and that more hikes are on the horizon.

The troubled make-up business hit back at what it described as a coup and insisted it was on the road to recovery.

Britain’s biggest building society said it was extending its branch promise as in-person banking remains popular with its members.

Claims reached a record high in 2022 as pet owners faced expensive vet bills, the Association of British Insurers said.

The FTSE 100 moved 19.17 points lower, or 0.25%, closing at 7,569.31.

Some analysts are expecting UK interest rates to rise by another 0.25 percentage points on Thursday, and say there could be more hikes on the horizon.

CAB Payments confirmed plans to list its shares on the London Stock Exchange amid ‘confidence in the UK’.

The boss of the pubs group said he is optimistic about the future amid hopes that tourism will rebound and cost pressures will ease.

The UK’s biggest listed companies lack employee representation and gender diversity at executive board level, Women on Boards found.

The Treasury Committee asked the Financial Conduct Authority (FCA) how much it knew about the allegations and what action it has taken.

People are losing ‘life-changing sums every day’ through social media, the British bank said.

London’s FTSE 100 edged higher on Tuesday, helped up by gains for mining stocks following a boost in oil prices.

Britain’s second and third biggest supermarkets collectively breached the order more than 30 times, the CMA found.

Jonathan Haskel, writing in The Scotsman, spoke of the ‘difficult judgments’ the Bank has to make to bring inflation down to its 2% target.

The FTSE 100 closed just 8.33 points higher, or 0.11%, to 7,570.69.

The firm has appointed joint administrators at Interpath Advisory after failing to secure funding in recent weeks.