Next has declared that it would back out from the race to acquire Topshop, which is part of Arcadia, as rival bidders offered a better offer.
* NS&I head expresses regret to savers after withdrawals Following withdrawals by the savers, NS&I boss Ian Ackerley in a letter apologized for falling customer service levels.
* Nissan says happy with Brexit deal Carmaker Nissan has expressed happiness over Brexit and said its Sunderland plant is secure because of the new trade deal between the UK and the EU.