Further digital growth at Future as UK leads the way

Future PLC has announced digital revenue growth of 24 per cent for its most recent financial quarter. Overall group revenues were down three per cent, although the UK outperformed this with revenues falling just one per cent. Furthermore, Future’s US operations remain on track for profitability in 2013, despite further …

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HMV sells its G-A-Y shares

Troubled retailer HMV has sold its shares in nightclub chain G-A-Y Limited, administrator Deloitte has confirmed. G-A-Y founder and fellow shareholder Jeremy Joseph has moved to acquire a majority shareholding. "We are pleased to have completed the sale of HMV’s shareholding in G-A-Y to the natural purchaser of this stake …

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