Homebase has acquired collapsed retailer Bathstore, but at least 200 jobs at the bathroom specialist are still at risk.

Home and garden giant Homebase said it had acquired Bathstore's website and 44 stores, safeguarding around 150 jobs on the shopfloor and another 25 at head office.

Some 159 redundancies have already been made at Bathstore since BDO were appointed as administrators last month.

Now the future of another 200 jobs at those stores not included in the transaction has been thrown into doubt, with the remaining 91 stores set to close once display stock has been sold off.

READ MORE: Jobs at risk as Bathstore in administration

At the time of its administration, Bathstore employed 531 people and had 135 stores.

Its demise was blamed on several months of difficult trading, as well as the failure of talks to find a buyer.

Homebase has said it will roll out a number of Bathstore concessions into its stores over the coming 18 months.

Chief executive Damian McGloughlin said the acquisition "complements Homebase's reinvigorated range" and said the business had been working to reintroduce popular ranges.

"As a result of the hard work of the Homebase team, our turnaround is ahead of plan," he said.

"While we still have a significant amount of work to do, the customer response to our new ranges has been very encouraging and we are on track to break even this year against a loss of over £100 million last year."

Oil giant BP has announced plans to set up a biofuel joint venture with US agriculture firm Bunge.

Shares in BP lifted on Monday after it confirmed plans to form a stand-alone sugar cane ethanol business in Brazil with Bunge.

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The new venture, called BP Bunge Bioenergia, will have 11 biofuel mills in Brazil, with 32 million tonnes of crushing capacity per year.

BP said the move will grow its existing biofuels business by more than 50% as it looks to increase the amount of low-carbon fuel it produces.

Bunge said it will receive cash proceeds to $775 million (£620 million) as part of the agreement. Shares in BP increased by 1.2% to 524p following the announcement.

Sainsbury's has partnered with Deliveroo to trial pizza delivery from its stores, in a bid to take a slice of the fast-growing delivery market.

The scheme launched on Monday in five stores south of the Border, marking the first time a UK supermarket has offered hot takeaways through Deliveroo.

They will also be able to order snacks and drinks from Sainsbury's alongside their pizzas, with a wider range of products set to be added during the pilot.