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Ex-BHS boss guilty over failure to provide pension data

Dominic Chappell, who was in charge of BHS when it went bust in 2016, has been found guilty on three charges of failing to provide information demanded by the Pensions Regulator.The watchdog accused him of neglecting or refusing to hand over information about BHS’s pension schemes.The schemes had 19,000 …

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May urges execs to lobby for City at Brexit summit

Theresa May has told top City executives they should “emphasise the benefits for Europe” of a Brexit trade deal that includes London’s financial centre. Downing Street released a statement after the PM and Chancellor Philip Hammond held talks with senior bosses of top institutions including Barclays, Goldman Sachs, Lloyds …

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Oil prices rise to hit four-year high of $70 a barrel

The price of oil has hit $70 a barrel for the first time since December 2014.Brent crude climbed after members of Opec, the cartel of 14 oil-producing nations that accounts for 40% of the world’s output, said it would continue to limit supplies. The RAC, the motoring group, has …

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Queen's bra fitter Rigby & Peller loses royal warrant

Media playback is unsupported on your device A company which supplied lingerie to the Queen has lost its royal warrant over a book which revealed details of royal bra fittings.Rigby & Peller, a luxury underwear firm founded in London, had held the royal warrant since 1960. It was withdrawn …

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Drake offers fans a stake in Virginia Black whiskey

Canadian rapper Drake is planning to sell stakes in his whiskey business, raising as much as $30m (£22.2m) to expand the company.The move comes over a year after the first sales of Virginia Black, which Drake started with the founder of DeLeon Tequila.The partners say the stock offering is …

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