Sales at High Street retailer Next have had a big boost after an 11.4% increase from their Directory catalogue and internet business. However, full-price sales at Next Retail fell 7.4%, and it said it remained “cautious” about its outlook, given the current consumer environment. Next shares topped the FTSE 100 in early trading, rising more…
Summer Phoenix, sister of actors Joaquin Phoenix and River Phoenix, has divorced Oscar-winning actor Casey Affleck, brother of Ben Affleck. The couple reached an agreement just days after Phoenix officially filed for divorce on 31st July 2017. The couple split in March 2016, after 10 years of marriage. They are the parents of two boys,…
A couple locked in a bitter dispute with their neighbours over a small wall came home to find a huge green lorry trailer parked right outside their home. Sophia and Gwyn Hughes said the huge container blocks out sunlight and obscures the view when they look out of their window. The trailer was positioned at…
A Seoul court ordered Samsung Group heiress Lee Boo-jin to provide assets of 8.6 billion won ($7.64 million) to her estranged husband, Im Woo-jae in their divorce. Lee did receive sole custody of their son in the ruling. Im Woo-jae was dubbed “Mr. Cinderella” by media for his humble background before marrying Lee in 1999.…
Couples who divorce after only a brief marriage can no longer expect to have their assets split equally by default following an appeal court ruling. Energy trader Julie Sharp successfully challenged a ruling that her former husband was entitled to half of the fortune she built up during their four year marriage. She argued that…
Profits at Sports Direct have plummeted nearly 60%, which the firm said was largely due to the weaker pound. Pre-tax profit fell to £113.7m from £275.2m in 2016 because of “currency movements and increased depreciation charges”. Chief executive and the owner of Newcastle Football Club, Mike Ashley, said it had now taken steps to “minimise…
Several months since the Trade Union Act 2016 has come into force, Wrigley Claydon looks into some of the key changes. We have highlighted some of the key aspects of the Act, which are as follows: 1. Before companies and industrial action can take place, 50% of members need to vote 2. Trade Unions will…
Lloyds Banking Group has set aside another £1bn to cover the cost of insurance mis-selling and the treatment of mortgage customers. Another £700m will cover payment protection insurance (PPI) claims and £283m will be used to repay about 590,000 mortgage holders. The repayment to mortgage customers comes after they were charged from 2009 to 2016…
A Los Angeles Superior Court jury ruled that Michael Jackson’s estate owes producer Quincy Jones $9.4 million in royalties and production fees from Billie Jean, Thriller and more of the star’s biggest hits. The award was short of the $30 million the producer sought in the lawsuit filed nearly four years ago, but well above the approximately…
Lego have threatened to sue a removals firm over the figures painted on the side of their vans. It claims Kwik Stix are infringing their copyright with the design and have ordered it to be removed within 28 days. Lego is demanding Kwik Stix removes anything on the internet that displays the logo, and which…