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Liberty has confirmed rumours it is talking to potential buyers after receiving approaches to take over the 134-year-old luxury department store group. "At this stage, it is too early for the board to determine whether or not these discussions will result in any formal offer being made for the comp
Read moreThe pound suffered its biggest one-day fall for more than a year yesterday amid the prospect of a hung Parliament and growing fears that this will prevent swift and decisive action being taken over Britain's public finances. Sterling crashed by more than four cents at one stage against the US dolla
Read moreSatnav group Trafficmaster is still heading higher after growing pre-tax profit by 43% in the first six months of 2009 to £3.4m on revenue up 6% to £28.9m. 'We expect to continue to encounter tough market conditions, but we believe we are well placed to meet expectations for the year,' chief execut
Read moreLondon's top stocks are expected to open slightly lower on what is another relatively busy day on the company news front. Traders expects Footsie to drop 6 points early on. British Airways said it will further cut capacity, parking a total of 22 aircraft during winter 2010, as it swung to a loss in
Read moreLuxury department store Liberty is to undergo a review to identify ways the business can expand in the UK and abroad. The firm, which operates an iconic store off London's Regent Street, made the announcement after a report in the Sunday Telegraph said it will this week appoint M&A specialists Cave
Read moreRegent Street retailer Liberty has exchanged contracts to surrender the lease on its Liberty of London shop on Knightsbridge's Sloane Street following an unsolicited offer from a European fashion brand. "We received a fabulous offer for our Sloane Street lease completely out of the blue," said chai
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