Markets MARKETS LIVE: London shares treading water 2017-06-27T12:46:56.000000000+01:00 Consumers and retail have been in focus after Debenhams revealed a less than impressive set of figures. Heineken to sell pubs to please competition watchdog 2017-06-27T11:48:36.000000000+01:00 The brewer, which already has 1,100 UK pubs, agreed to buy 1,895 Punch Taverns pubs in December but The Competition and Markets Authority said this would reduce competition. Debenhams shares slide after profit warning 2017-06-27T11:44:06.000000000+01:00 Debenhams said sales dropped, with unpredictable trading and a weaker clothing market hitting the company. News of tough times on the high street also dented M&S and Next shares. ‘Fat-fingered trader’ sends price of gold spiralling 2017-06-27T11:32:32.000000000+01:00 Traders said the sale had likely been a mistake as the price of gold dropped to $1,236 an ounce in the few hours after the market opened – its lowest in more than a month. MARKET REPORT: Capita boosted as assets arm is sold 2017-06-27T10:23:46.000000000+01:00 Capita saw £93.4m added to its value after the announcement it has sold the business to Australian financial services firm Link Administration Holdings for £888m. Carpetright profits collapse but turnaround plan working 2017-06-27T10:19:08.000000000+01:00 The group posted a 93 per cent slump in statutory profit before tax to £900,000 in the year to the end of April after an exceptional charge linked to the closure of underperforming stores. The Crown Estate's revenues hit record high 2017-06-27T09:06:41.000000000+01:00 The Crown Estate has reported its highest-ever earnings this year after it leased out new developments in central London. Its income rose 8.1 per cent to £328.8million in 2016/17. Investment giants in panic over report by watchdog 2017-06-27T08:59:57.000000000+01:00 It is understood that industry groups have met with Financial Conduct Authority chief executive Andrew Bailey 18 times since he took the job in July. The Italian government forced to rescue two more banks 2017-06-26T23:50:16.000000000+01:00 Two days after the ECB warned that Banca Popolare di Vicenza and Veneto Banca were likely to fail, taxpayers have been warned they may have to commit as much as £15bn. Venture capital trust behind Alexa Chung’s clothes range 2017-06-26T23:47:54.000000000+01:00 Pembroke VCT is ploughing over £1m into the model and designer’s business to help her take it global.