Money

BUSINESS LIVE: UK inflation rate falls to 3.2%; Entain hit by new gambling rules; ASOS posts another big loss

Up next

‘World’s most advanced’ humanoid robot heads to Scotland: Ameca can mimic human speech and facial expression with eerie precision – and will be showcased to ‘demystify complex technologies’

Among the companies with reports and trading updates today are Entain, ASOS, Just Eat Takeaway, Antofagasta, Workspace Group, and Liontrust Asset Management.

Craft breweries under threat as insolvency figures rise

Craft breweries are under increasing threat as rising costs and lower demand push even more into insolvency.

The total number of business failures in the sector increased from 35 in 2022 to 52 in 2023, according to data from accountancy firm Price Bailey.

Louis Vuitton-owner LVMH hit as luxury falls out of fashion

He is known as ‘the wolf in cashmere’ after turning LVMH into a £333billion luxury goods powerhouse through a string of ruthless acquisitions that helped turbocharge growth.

And now Bernard Arnault – who has made himself the world’s richest man in the process with a fortune of £175billion – is setting the scene for his five children to take over the empire.