Frasers Group Raises Hugo Boss Stake to 30%

Frasers Group has increased its Hugo Boss stake to 30.28%, triggering a mandatory bid under German rules. The £1.7bn offer expires on 27 July, but Hugo Boss recommends rejection.

North East Business Confidence Grows Amid Challenges

North East business confidence climbed 14 points since January, reaching a six-month high of 69% in May, as firms adapt to uncertainty with strategic cost-saving and inventory measures, according to Lloyds Business Barometer.

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