Reliance buys UK toy store Hamleys

The Mukesh Ambani-led Reliance Industries has acquired iconic British toy maker Hamleys for nearly 68 million pounds in an all-cash deal

Mukesh Ambani buys UK toy store Hamleys

Asia's richest man Mukesh Ambani has bought British toy store Hamleys from its Chinese owners for $88 million

This month sees the first anniversary of Open Banking, a set of reforms aimed at increasing competition in the UK’s banking sector and providing more choice for consumers. 

UK shares jumped to their highest in almost a month on Tuesday amid hopes of a US-China trade deal and as supermarket chain Tesco led a revival in retailers after upbeat sales data that helped offset Morrisons’ disappointing holiday update.

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