Ocado shops for successor to co-founder Steiner | Mark Kleinman blog

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• Kane-backed Seat Unique scores £20m funding boost to accelerate growth

  A premium ticketing and hospitality platform backed by Harry Kane, the England captain, has secured £20m in new funding to help accelerate its international expansion.

• Asda losses grow to almost £1bn as it fends off Aldi

  Asda slumped deeper into the red last year, according to accounts showing hits from price cuts to lure back shoppers and one-off costs.

• A Bank of England rate hike is still possible despite easing inflation outlook

  Announcing its latest interest rates decision the morning after a thrilling England World Cup win, the Bank of England continues to put its foot on the ball.

• Unemployment rate falls but private sector wage growth suffers

  There has been an unexpected dip in the UK's unemployment rate in official figures also showing new recruits in payrolled work at their lowest level for five years and private sector basic pay awards struggling.

• Oil price hovers just above pre-war levels but future is uncertain