Labour’s workers’ rights plan risks “making people inadvertently poorer”, the boss of Currys has warned, amid growing nervousness among business leaders about the reforms.
Consumer goods giant Reckitt has suffered a £7bn share price slump after it lost a US legal case claiming its baby formula contributed to the death of a premature child.
LONDON (Reuters) -British electricals retailer Currys, which has resisted bid interest from two suitors, on Monday edged up its profit outlook after stronger-than-expected recent sales. On Friday, China-based online retailer JD.com said it would not make an offer for Currys, days after U.S. investor Elliott Advisors walked away. Shares in Currys, which fell 5% on Friday, were up 4.2% in early trading Monday.