UK retailers are embarking on the Black Friday shopping phenomenon with analysts predicting record sales. Consultants Experian and online retail group IMRG are forecasting online purchases will hit �1.07bn, the first time they have passed �1bn in one day.
It was meant to be the “deal of the century” for Barclays but instead the lender has been penalised and embarrassed by a �1.9 billion transaction with a group of controversial clients.
Paul Polman, chairman of Unilever, will be attending Paris climate talks with other business leaders. Photograph: Ruben Sprich/Reuters.
Four senior partners at accountancy firm KPMG have been arrested over suspected tax evasion. Jon D'Arcy, Eamonn Donaghy, Arthur O'Brien and Paul Hollway were detained at KPMG's office in Belfast, Northern Ireland.
Slater & Gordon's share price has collapsed again, plunging as much as 38 per cent in the first half-hour of trading on Friday.