Good morning. In the news today, The Times reports that the owner of Wework is preparing a huge cut to its $47 billion valuation, possibly more than half, to quell investor concerns about the scale of its losses and the vulnerability of its business model.
Also in The Times, Boohoo is on track to make more than £1 billion in sales for the first time after shoppers flocked to its website for cheap metallic bikinis and clingy summer dresses.
Mike Ashley’s Flannels debut ends hastily after protesters force shutdown
Boden chief Jill Easterbrook quits amid warning on profits
Halifax rejigs house price index
Profits boost for Redrow in record year
Monsoon to face legal challenge from British Land over company voluntary arrangement
Lululemon shares hit record as yogawear maker upgrades guidance
