Global Counsel went bust in February amid the fallout from the scandal surrounding Lord Mandelson’s historical links to Jeffrey Epstein.

The group said it had begun the process of reclaiming the US tariffs after the Supreme Court ruled Donald Trump have overstepped his powers.

The retailer said full-year profits were now expected to fall to between £90 million and £105 million.

The ONS said public sector borrowing was estimated to have dropped £19.8 billion to a lower-than-expected £132 billion in the year to March.

The household goods giant firm said if oil prices remain at 110 US dollars a barrel throughout 2026, costs could rise by up to £150 million.

The retailer said the Middle East conflict was partly to blame for lower shopper confidence and is also pushing up costs.

The ONS said the rate of UK unemployment dropped sharply to 4.9% in the three months to February, down from 5.2% in the three months to January.

The housebuilder said it had seen a slowdown in new inquiries and visitor levels since its last update in March.

The group is set to begin rolling out changes to letter deliveries next month that will see second-class post scrapped on Saturdays.

Cornwall Insight said its prediction for Ofgem’s cap from July to September now stands at £1,837 for a typical dual fuel household.

The Somerset-based group said UK retail and online like-for-like sales jumped 13.7% higher in its final six months.

FTSE 250-listed Evoke is in discussions over a 50p-a-share approach made by the Greek lottery and gaming group.

The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the Iran war.

Brent crude fell more than 10% to just under 89 US dollars a barrel in afternoon trading as Iranian authorities said the strait has fully reopened.

The Insolvency Service said the number of company insolvencies rose 7% month-on-month in March to 2,022.

The ONS said gross domestic product grew by 0.5% month-on-month in February following upwardly revised growth of 0.1% in January.

The office landlord said it was bracing for a ‘substantial step down’ in 2026-27 earnings.

Just Eat Takeaway’s owner Prosus is selling its stake in Delivery Hero to appease EU competition concerns.

Royal Mail has been locked in talks with the staff union over how to roll out changes that will see second class post delivered every other weekday.