Getty Images Spotify founder Daniel Ek is planning to officially step down from the role of chief executive after two decades at the helm of the music streaming giant. The company said the 42-year-old would be replaced by his two deputies at the end of the year, while he remains on as executive chairman, setting…
Kevin PeacheyCost of living correspondent and Tommy LumbyBusiness data journalist Getty Images Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying,…
It has hoovered up brands including Joules, Fatface, Cath Kidson, and Made.com that have struggled in recent years, and employs more than 30,000 people across its businesses. Earlier this month, the retailer increased its full-year profit expectations to £1.2bn, with sales up 6.2% in the first quarter.
