Holiday Inn owner InterContinental Hotels has reported a 25 per cent hike in half-year profits to $375 million (£308 million) as it said UK revenues were boosted by demand from Cricket World Cup fans.

The group said UK revenues per available room rose 2% in the six months to June 30, with a 2% lift also in the second quarter.

It said strong international demand drove a 4% rise in second quarter revenues per available room (Revpar) in London and a 1% lift across the country, benefiting from the Cricket World Cup.

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But Revpar for the US - its biggest market - was flat in the first half after a 0.7% fall in the second quarter as it came up against tough comparatives from a year earlier, when demand for hotel rooms was sent soaring due to hurricane disruption.

Online retail giant Boohoo confirmed it has made an offer to buy high street brands Karen Millen and Coast from Icelandic bank owners Kaupthing, but said the bid "may or may not result in agreement of a transaction".

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Executives at Boohoo said the online business of the brands would "represent highly complementary additions to its scalable multi-brand platform and extend the group's offer as part of its vision to lead the fashion e-commerce market globally".

David Wild, chief executive of Domino's Pizza, and chairman Stephen Hemsley have both announced they plan to quit the company, the takeaway business has revealed.

Mr Wild will continue in the role until a new head is in place and Mr Hemsley said he will oversee the recruitment process but will leave once a new chairman is appointed.

Mr Wild and Mr Hemsley's decision to quit after five years and 11 years respectively comes as Domino's revealed a long-running dispute with franchisees remains ongoing and will lead to delays in new store openings.

Domino's also revealed sales in the six months to June 30 grew 3.5% to £295.6 million, but pre-tax profits werer down 27% to £30.5 million.

The company's preferred underlying pre-tax profits were down 7.4% at £42.3 million, although sales in the UK and Ireland were up 5.5%.