Good morning. In the news today, The Times reports that Pepkor Europe, owner of Poundland, has refinanced its high-interest debts and untangled itself from Steinhoff, its scandal-ridden parent company, as it prepares for €4 billion sale or flotation next month.
Also in The Times, a surge in online shopping helped to lift retail sales last month, fuelling hopes that the economy will recover in the second half of the year.
Farfetch facing legal threat over losses
Walmart shrugs off trade war to complete five years of growth
Asos torn off a strip by shorters amid downgrade
Jack Wills stores shut in rent row
Tapestry brand weaves tangled web
Shoppers ease financial gloom in US
Housebuyers wary despite price slowdown
Why property investors are returning to Greece
