The sporting goods group, which is majority owned by Mike Ashley, has increased its holding from 16% in the department store group.
Persimmon, the UK's second-largest housebuilder, increased pre-tax profits by 30 per cent in the first half from a year ago as new-build home sales remained unaffected by a broader housing market slowdown.
Former Chancellor George Osborne has urged the government to build high-speed rail lines across the north of England, from Liverpool to Hull.
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BHP Billiton Ltd. (bhplf, +0.48%) bowed to activist investors seeking a streamlining of its business by unveiling plans to sell its U.S.