BUSINESS LIVE: Shop price inflation eases; Sainsbury’s sales rise; Shoe Zone cuts profit forecast

The husband and wife team behind data group Preqin are set to join the ranks of Britain’s richest people after agreeing to sell to Blackrock for £2.55bn.

Mark and Lindy O’Hare, who own 80 per cent of the business through a family holding company, will make a £2bn windfall when the deal is completed.

The famous meme stock investor known as Roaring Kitty has been sued for allegedly orchestrating a “pump and dump” scheme involving an American video game retailer.

In a proposed class action lawsuit filed late last week, GameStop shareholder Martin Radev claimed that Keith Gill was trying to manipulate the stock for his own benefit.

Boeing has agreed to buy an aerospace supplier in a £3.7bn deal as it tries to contain its ongoing safety crisis.

The scandal-hit airline said the acquisition of Spirit AeroSystems was in the “best interests” of its passengers.

Borrowing costs rose across Europe yesterday after Marine Le Pen crushed Emmanuel Macron in the first round of parliamentary elections in France.

The yield on French 10-year government bonds – a key measure of how much it costs the state to borrow – hit 3.35 percent for the first time since November last year.