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Frasers Group PLC Shares News & Articles

FTSE opens lower on Friday as Aviva agrees to buy Direct Line for £3.6 billion

London stocks opened mostly lower on Friday as house prices reach a record high, while Prime Minister Keir Starmer sets out his plan to improve UK growth.Starmer made living standards a key target as he outlined his 'next phase' on Thursday, saying he wanted to see real household disposable income rise by the next election.But in an interview with BBC Breakfast, Starmer said: 'I want people to...

Boohoo accuses Frasers of acting in ‘commercial self-interest’ as battle continues

Frasers stake is a 'conflict of interest'Board representation calls rejectedKamani has 'no intention' of making offerStruggling online fashion group Boohoo (BOO:AIM) has accused Mike Ashley's Frasers (FRAS) of using its stake in the Debenhams-to-Karen Millen owner and other retailers to promote its own 'commercial self-interest'.The defiant comments came as Boohoo hit back at Frasers' demands...

Artemis Alpha and Aurora are the latest investment trusts with the urge to merge

Record year for trust mergersCombination to create £353 million vehicleKartik Kumar to join PhoenixArtemis Alpha Trust (ATS) has agreed to be taken over by UK All Companies sector rival Aurora Investment Trust (ARR) as the record year for investment trust mergers continues.Sub-scale, underperforming funds are combining with larger rivals to remedy wide discounts to NAV (net asset value) and...
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