Good morning. In the news today, June 17, The Times reports that the new owner of cafe chain Patisserie Valerie has unveiled plans to rejuvenate its fortunes after it was sold at a knockdown price after a £94 million fraud tipped it into insolvency.
Also in The Times, Cheshire-based bar and restaurant group The Alchemist is targeting international expansion after forecast revenues this year of £50 million.
UK growth tipped to slow as firms run down Brexit stockpiles (The Guardian)
Pet supply retailer Chewy fetches 60% pop in debut (Financial Times)
Lloyds sells out of Philip Green’s Arcadia group (Financial Times)
US landlords file legal challenge to Philip Green’s Arcadia (Financial Times)
Court cases raise prospect of claims spreading across private sector (Financial Times)
Mother of fashion labels gives a lesson in looking abroad (The Times)
Superdrug finds beauty in charcoal (The Times)
