FTSE LIVE: Fox hikes bid for Sky and Burberry UK sales knocked


FTSE LIVE: Shares slide as new round of Trump’s trade tariffs spooks investors; Fox hikes bid for Sky; Burberry UK sales knocked by weaker tourist demand

Rupert Murdoch’s 21st Century Fox has upped its bid for Sky to £14 a share, while Burberry said weak sales in the UK were offset by high tourist demand in Hong Kong.

Elsewhere today, Sainsbury’s confirmed boardroom grandee Martin Scicluna will become chairman in March 2019, and steer its proposed merger with Asda.  

 

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