Plumb Center parent Wolseley today announced a £43m deal to sell its Bristol-based building tools and equipment firm Brandon Hire.

Struggling retailer JJB Sports is mulling over a possible private equity-backed takeover bid for its health and fitness arm, it was reported today.

UK electrical goods group Alba today agreed to offload household brands including Breville and Dirt Devil in a £51.5m (€75m) deal.