Karen Millen is to hike shop prices by 5% this year as the retailer faces soaring costs following the collapse of the Brexit-hit pound, with the company also embarking on a strategic review.

Budget airline easyJet looks set to deepen half-year losses next week, as it grapples with Brexit-hit pound, costs linked to launching a new European base and drops in bookings to some cities following terrorist attacks.

Fashion firm Burberry has seen UK sales rocket as tourists flocking to London to take advantage of the Brexit-hit pound has sparked a luxury shopping spree.