© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Cost of UK borrowing falls as Sunak poised to become PM – business live

UK bond prices strengthen as nomination deadline for Conservative leadership looms; China’s economy grows faster than expected but lags official target

Shares in online fashion retailer Asos have risen by as much as 4% in early trade after confirmation over the weekend that billionaire retail tycoon Mike Ashley has built up a 5% stake in the company.

Ashley’s sportswear and fashion business – Frasers Group – informed Asos on Friday that it had increased its holding in the company, making it Asos’s fourth-largest investor.

Frasers Group has a long history (over twenty years) of making strategic investments to develop relationships and partnerships with other retailers, suppliers and brands, including by way of acquisitions of shares, options, contracts for difference and other financial instruments.

Continue reading…

Related posts

Anti-strike law could be brought forward as government tries to end disputes

AEA3

$17bn of global assets linked to 35 Russians with alleged ties to Putin

AEA3

Lisa Nandy backs Keir Starmer over Labour reshuffle rift

AEA3

Pin It on Pinterest

Share This