Bloomberg Ryanair Holdings Plc said it’s ready to redeploy aircraft from Britain to more vibrant markets if the pound’s collapse, soaring inflation and higher interest rates begin to undermine travel demand there. The economic situation in Ryanair’s biggest market has become challenging following the turmoil unleashed by Prime Minister Liz Truss’s new fiscal policy, with concerns about the impact of ...

Bloomberg Next Plc issued its second profit warning this year due to soaring inflation and a devaluation of the pound which has undermined consumer confidence. The British clothing and housewares chain said that profit for the year will total £840 million ($905 million), compared with previous guidance of £860 million. Full-price sales in the second half are expected to drop ...

  Bloomberg A Hermes handbag fetched a record price for a Sotheby’s auction, latest evidence that rare luxury items are increasingly seen as stores of value by investors and wealthy buyers. The Himalaya Retourne Kelly 25 bag sold for €352,800 ($346,802) in a Paris auction, Sotheby’s said. The crocodile-skin handbag in mother-of-pearl white, reminiscent of a snowy mountain landscape, sold ...