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BREAKING
8h Harry to resume testimony as High Court hears phone hacking claims
13h PGA Tour and LIV Golf announce shock merger as legal battle ends
15h Bournemouth beach: Boat operations suspended after teen drownings
15h Londoners facing bus strikes ‘chaos’ as drivers announce new walkouts
15h Margaret Ferrier suspended from Commons for 30 days over Covid rules
6h PM says Ukraine dam attack would be ‘new low’ if Russia responsible
Leisure & Retail
Business

Cineworld to exit Chapter 11 in July but investors aim to stop wipeout

A court hearing on 28 June will determie if Cineworld can exit Chapter 11 in time for summer releases such as Barbie and Oppenheimer

Business

Marks & Spencer to bring back dividend payments as sales jump

Shares in M&S; jumped following the retailer’s latest update

Business

Greggs abandons sausage roll court fight as Westminster backs down

Greggs CEO Roisin Currie said: ‘we’ve reached a compromise’

Business

Boohoo plunges to £90m loss but shares surge as boss promises rebound

Josh Warner, market analyst at City Index, said: “What a rough year for Boohoo”

Business

TfL to license roundel and seat patterns worldwide with new tie-up

It said firms are especially “eager to collaborate” to launch Elizabeth Line-themed merchandise

Business

Cost of living is catching up with holiday plans

City comment: Homeowners remortgaging at starkly higher rates might be rethinking their trips to the Med.

Business

John Lewis staff back Sharon White to continue but revolt on past year

But staff of the partnership, which also owns Waitrose, said they “did not support last year’s performance”

Business

Asos losses swell and it sees UK sales fall 10%

Asos CEO José Antonio Ramos Calamonte said: “I am very confident of our return to sustainable profit.”

Business

Tim Martin blasts ‘lack of understanding’ by MPs on inflation

The JD Wetherspoon boss said a ‘lack of understanding’ among some senior politicians presented a ‘real threat’ to future prosperity

Business

Royal Warrant holders: Companies vie for majestic sales growth

There are around 800 Royal Warrant Holders, including firms in the fashion and food sectors

Business

Forget the GDP hit and enjoy the Coronation fun

City comment: They might look the same to economists, but a Coronation is a lot more fun than a train strike

Business

Paddy Power boss: New gambling rules impossible without tech reforms

Paddy Power parent Flutter’s UK revenues soared in the final months before the rules were announced

Business

Reports of Oxford Street’s demise have been greatly exaggerated

City comment: “London’s high street” is getting its mojo back

Business

Wagamama owner refutes activist investors with strong growth

However, it will also push forward the closures of 23 of its Frankie and Benny’s and Chiquito restaurants to the end of this month

Business

Struggling Superdry seeks fresh cash with share sale

CEO Julian Dunkerton will “significantly participate” in the sale

Business

Gambling firms must perform new checks to stop ‘unaffordable’ losses

The proposal, the result of a years-long review, includes “passive” checks for customers losing £125 a month and greater checks for those with losses in the thousands

Business

A Lidl in Knightsbridge? Discount supermarket eyes new London stores

Currently, Lidl’s Totternham Court Road shop is its only location within two-and-a-half miles of Charing Cross

Business

London-listed retailers set to expand UK store numbers in 2023

Dunelm and Watches of Switzerland Group are among a number of London-listed retailers planning to open more shops in 2023

Business

Landlord files winding-up order against cult spin class SoulCycle

Cadogan Estates asked the courts to close down the luxury fitness chain’s London arm

Business

Heineken sales fall as price hikes leave a bad taste

But higher prices meant that revenue still rose

Business

Online poker billionaire Scheinberg in talks to buy Hakkasan owner

Mark Scheinberg’s Mohari Hospitality is the leading bidder for Hakkasan owner Tao Group, according to reports.

Business

ASDA rolls out self-driving deliveries for 72,000 London households

If the trial is a success, ASDA may extend it across the nation

Business

Profits at ‘posh cinema’ Everyman jump while rivals struggle

Its success comes in stark contrast to lower-priced Cineworld’s recent stuggles

Small Business

London jeweller Vashi goes bust

Vashi has four jewellery stores in London

Business

Franco Manca owner Fulham Shore to be bought by Japanese firm Toridoll

The offer for the 11-year-old firm, named after restauranteur David Page’s father’s love of Fulham FC, represents a premium of approximately 34.8% from the share closing price yesterday