The FCA alleged on Monday that former fund manager Mr Woodford and his business had been providing unauthorised investment advice.

The high street chain said it has been buoyed by new openings, with the group expanding into more transport hubs and roadside locations.

The Confederation of British Industry warned that around 200,000 more Britons were on track to become unemployed.

It comes after the financial regulator provisionally fined Mr Woodford and banned him as a fund manager last year.

Last week, ministers laid out details for proposals which could ensure guaranteed hours for workers.

The board of Tate & Lyle have backed the move by a US competitor to take it into private hands.

The Cambridge-based firm has seen the value of its stock more than triple since the start of the year.

Around 90 stores are to close by the end of March next year, with the remainder set to shut by March 2028.

Bosses at Evoke, which also owns the 888 brand, said they have agreed a deal worth 52p per share.

The investment into its online grocery business came amid a raft of announcements at an Amazon event in Dartford.

Shares in the online trading company jumped early on Thursday as a result.

The company, which offers services including security and cleaning, said stronger sales were buoyed by new contracts and acquisitions.

Shares in the company, which also owns Boohoo and Pretty Little Thing, shot around 25% higher in early trading.

Forecasts predicted that global economic growth will slow to 2.8% this year, from 3.4% in 2025.

The appointment comes after current chief Alex Baldock revealed his plan to step down from the firm in March.

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

It comes five months after the FTSE 100 landlord told shareholders that longstanding boss Simon Carter was stepping down.

The Financial Reporting Council also handed one of the accounting firm’s most senior partners, Geraint Jones, a fine.

The Bank of England said in its Money and Credit report that 65,945 mortgage approvals for house purchases were recorded in April.