Profits at Newcastle United owner Mike Ashley's Sports Direct have 'plunged' 33.5%.
The company made £145.3 million pounds in the first half of this year (2016)
The retailer says that's due to the 'collapse in sterling'
In a letter to the Hartlepool MP Iain Wright, Mike Ashley has invited MPs to a live TV debate at his Sports Direct headquarters.Read the full story ›
The retailer said the purpose of the open day is to "enable the board to engage in an open discussion about the business".Read the full story ›
A group of high profile investors are calling for a review of how Sports Direct is run.Read the full story ›
Unite union is holding a 'Dick Turpin' style protest in Chesterfield over work practices at retail giant Sports Direct.
Protests will be held tomorrow against the role employment agencies are playing in "shameful" work practices at retail giant Sports DirectRead the full story ›
Newcastle United owner Mike Ashley has failed in a bid to overturn a fine from the Scottish FA over his influence at Rangers.Read the full story ›
Newcastle United owner and businessman Mike Ashley has been called to answer questions by MPs investigating the collapse of BHS.
According to ITV News Business Editor Joel Hills, the MPs want to find out why a rescue bid by his company Sports Direct failed.
I'm told that MPs are also recalling Paul Budge, Finance Director of Sir Philip Green's Arcadia, to clarify evidence he gave to them.
Also recalled: Lord Anthony Grabiner, the Arcadia Chairman. Eddie Parladorio, a director at Dominic Chappell's Retail Acquisitions.
At least 10 witnesses will be asked to appear on June 28 and 29 to answer MPs questions.
Ashley appeared before MPs earlier this week to answer questions about working practices at Sports Direct.
On Tuesday he said to the Business Select Committee that he '100%' wanted to buy BHS,which failed to find a buyer putting 550 employees at risk across its 11 North East stores.
Mr Ashley said 'I'm not a saint, but you could have made a success of that business.'
Newcastle United's Mike Ashley admitted his Sport Direct company may have outgrown him during a Business Select Committee today (June 7).Read the full story ›
Mike Ashley has said a fine of 15-minutes' pay for every minute employees were late on a shift is "not fair".
He said the practice had changed but confirmed workers were still not paid for working past their allotted hours.
Mike Ashley says @sportsdirectuk used to fine staff 15 minutes pay for every 1 minute they were late. "That's not fair" says Ashley.
Mike Ashley says suggestion workers were publicly humiliated over tannoy system for not working hard enough is "bit of a myth".