China's manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter.
Speaking after he delivered the annual British Retail Consortium lecture, Tim Steiner said the reaction of Waitrose to Ocado's tie-up with Morrisons has been a �joke�.
The company sold its slots at the London airport to Easyjet for �20m, blaming an increase in airport charges. Flybe said it would continue all flights between the islands and other UK airports.
Halfords Group Plc (HFD), the U.K.'s biggest seller of bicycles, fell the most ever after announcing a surprise dividend reduction to boost investment in training workers, revamping stores and improving its Web business.
IMF chief Christine Lagarde has arrived at a court in Paris for questioning over a payout to a controversial tycoon during her time as finance minister.