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.
(Updates prices at settle). * FTSE 100 down 1.4 pct. * ARM extends losses as Citi cuts estimates on China fears. * Airlines and travel firms down as Yemen air strikes begin.
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.
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.