Rightmove has rejected a takeover approach valued at £5.6bn by Australian rival, REA Group.

The offer by REA, which is backed by Rupert Murdoch’s News Corp, was described by Rightmove as “wholly opportunistic”

Pension Insurance Corporation (PIC) has reported a “strong” H1, with record numbers of pensions insured and policyholder pension payments made, despite new business being down on last year, according to its half-year results

Fever-Tree has seen a minimal increase in its revenue in the first half of the year, leading the drinks brand to drop its forecasted revenue for the full year to between 4-5%