Shares in transport firms were plunged into reverse today after blue-chip firm Stagecoach warned `

Stagecoach shares went into reverse today after the transport company warned of downward pressure on profits in its rail division.

Takeover speculation surrounding England kit maker Umbro took a new twist today after sportswear retailer JJB Sports took a 10% stake.

A job Sam Allardyce has described as a “massive challenge” may soon be made a little easier after reclusive billionaire Mike Ashley’s projected takeover moved closer to completion.