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Your three-minute digest
1 Majestic Wine raised a glass to the biggest Christmas in its 43-year history after more than 60,000 customers shopped with the chain for the first time. Total sales rose by 8.1 per cent in the eight weeks to Christmas Day, while sales of its more expensive fine wines increased by 13 per cent as customers traded up.
2 Denise Coates has maintained her position as one of Britain’s richest executives after receiving more than £270 million from her family’s gambling business. The joint chief executive of Bet365 collected total pay for the year to March of £270.7 million, a rise of 2.7 per cent on the previous year.
3 The American entertainment group that was backing a 21,500-capacity Sphere venue near the Olympic Park