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Next agrees £2.5m deal to acquire Russell & Bromley – but 33 stores at risk

The retailer will acquire the Russell & Bromley brand and three of its stores in Chelsea, Mayfair and Bluewater via a pre-pack administration

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The business has sold the windfarms to European renewable energy producer ERG

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Shares in the FTSE 250 firm slumped in morning trading after it warned on profits, blaming higher energy, wage and business rates costs

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The firm also topped the list of 22 online, retail and hospitality businesses in the tourism category

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Tech retailer recorded 3% revenue growth in UK and Ireland while Nordic sales jumped 12% over peak trading period

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Its new £60m facility follows the refinancing of debt with NatWest and the Welsh Government

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Food inflation reached 4.5% in December, with sugar and confectionery prices up 10.2%, behind the surprise rise in UK inflation to 3.4%

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The streaming platform cited its live sport investment among contributing factors to the sales surge