The e-commerce company rejected a ‘highly preliminary’ 170p-a-share bid from Belerion Capital Group and King Street Capital Management but analysts think THG will continue to be a takeover target

Watches of Switzerland said sales over the last few months have remained ‘strong’ despite rising inflation, higher interest rates and a slump in the stock market

Prices rose at the fastest rate since 1982 in April as the energy price cap jumped and the price of fuel soared

Trouble at a major “stablecoin” called TerraUSD, combined with interest rate rise fears, has sparked “extreme fear across the crypto market”

Investors hoped bitcoin would protect them against inflation. Instead, it has halved in value as inflation has soared to a 30 year high.

The world’s biggest tourism company has predicted a return to profit this year for the first time since the onset of the pandemic

John Allan, chairman of Tesco and Barratt Developments, said the case for a one-off tax on energy company profits was now “overwhelming.”

Loeb’s Third Point Investors has been pushing for a break-up of Shell, calling its current business ‘confusing and unmanageable’

Richard Wilson grew Interactive Investor from a £30 million minnow to Britain’s second biggest retail investment platform, now being swallowed up by Abrdn: ‘You say ‘what a brilliant plan’ — it just happened’