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Mike Ashley’s Frasers Group acquires Knightsbridge-headquartered retailer after it went into administrationBusiness live – latest updatesThe owner of Sports Direct has bought Harvey Nichols out of administration after the upmarket department store chain warned it could run out of money if it did not find new funding.Mike Ashley’s Frasers Group said on Thursday it had bought the department store chain, which is headquartered at its store in Knightsbridge, for an undisclosed sum on the s

Exclusive: Campaigners voice concerns over rising costs of £11bn Essex to Kent road tunnelThe UK’s public spending watchdog has said it plans to investigate the Lower Thames Crossing, as campaigners voice concerns over the rising costs of one of the UK’s largest infrastructure projects.The head of the National Audit Office (NAO) said he anticipated the agency would “examine and report” on the planned £11bn road tunnel between Kent and Essex, and that work to monitor the project had alr