Sports Direct chairman Keith Hellawell has insisted that Mike Ashley should not be called to appear before parliament to answer questions about the collapse of USC.
Worries about the financial stability have prompted the Bank of England to look into how fund managers would cope with a sudden withdrawal of money.
SuperGroup, the parent company of young fashion brand Superdry, will today announce a range of measures to deliver �sustainable, long-term growth� including bringing its US licence in-house, bolstering its board and a collaboration with actor Idris Elba.
(Close): A jump in oil prices following news of airstrikes by Saudi Arabia on rebel targets in Yemen sent the UK stock market down by 1.4%.
Shell announced today that a further 250 jobs in the North Sea were to be terminated, and remaining staff face changes in existing shift patterns.