Good morning. In today’s news – June 9 – The Times reports that retail sales fall by the biggest margin in 24 years, according to a survey by the British Retail Consortium and KPMG.
Also in The Times, loss-making office space provider WeWork is seeking to raise billions of dollars in debt before its anticipated stock market debut.
Deutsche Bank commits to City after cutting 18,000 jobs
Primark mourns loss of founder Arthur Ryan, a fast-fashion trendsetter
Rumours of job cuts leave Asos looking threadbare
Tycoon hungry for expansion as his Ivy empire spreads
SocGen court ruling hits Naouri’s efforts to reshape Casino
New blow for investors as Gavin Woodhouse hotel deal collapses
Jack Wills appoints advisers to assess all options – including sale