By Deirdre Hipwell at The Times

UBS is poised to land the lead role in advising the owners of Shop Direct on a possible sale or stock market listing of the retailer behind the Very and Littlewoods brands.

The Times understands that UBS has edged out Goldman Sachs to advise Sir David and Sir Frederick Barclay, the twin brothers who own Shop Direct.

Read the full article at times.co.uk