Topshop owner Arcadia is to press ahead with store closures and rent cuts after two US landlords withdrew their opposition to the plans.

Sir Philip Green's retail group said the landlords had agreed to drop their challenges following "significant and constructive dialogue".

Following the withdrawal, Arcadia is free to move forward with its Company Voluntary Arrangements (CVAs) which were voted through by creditors in June.

As part of its restructuring plans, the company decided to push its US subsidiary into administration and close 11 Topshop and Topman stores in the market.

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Ian Grabiner, chief executive of Arcadia, said that all seven of the CVAs could now be implemented.

"On behalf of the board, I would like to thank all of our staff, customers and creditors for their loyal support during this tough period for retail businesses," he said.

"We can now look forward to implementing our strategy and delivering our growth plan for the group."

The shake-up of Arcadia's shopping empire also includes 23 store closures in the UK, putting around 1,000 jobs at risk.

A further 25 operating under the Miss Selfridge and Evans stores are also in the process of being shuttered, while landlords of some remaining shops will be paid a reduced rent bill.

Partners at accountancy giant Deloitte are set for a pay hike this year.

The firm's partners will receive their biggest payday in a decade after their total pay-out rose by 6% on last year.

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Deloitte's 669 equity partners are to be handed an average profit share of £882,000 for the year to May 31, up from £832,000 over the same period last year.

The company said it benefited from a one-off gain following the sale of an investment, declining provisioning charges and currency gains.

Distributable pre-tax profits grew to £617 million for the year as it was buoyed by the weakness in the pound.

Deloitte said UK revenues, which also included fees from its Swiss division, jumped 10.9% to £3.97 billion.

The firm's audit and risk advisory division saw revenues rise 8.1% to £1.1 billion, while its consulting revenues rose 9% to £952 million.

Meanwhile, financial advisory revenues increased 10.5% to £507 million while tax and legal reported a 17.8% revenue increase to £862 million.

A maternity brand which received a global bump from the so-called "Kate effect" when it was worn by the Duchess of Cambridge has warned that a no-deal Brexit threatens its international business.

British-based company Seraphine said there were "unacceptable risks" attached to a no-deal scenario which could scupper its efforts to become a global brand.

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Founder and chief executive Cecile Reinaud said: "A no-deal Brexit shows no consideration for growth businesses such as ours, successful exporters flying the flag across the world, who will be the first to suffer from border chaos and talent flight.

"The Government is making up policy on the hoof. No-deal is the perfect way to ensure UK SMEs lose their global standing."

Seraphine, which was founded in London in 2002, gained attention on the world stage in 2013 when the Duchess wore a dress by the brand for the first official portrait of Prince George.

She has since worn outfits from the label on various occasions, including last year's royal visit to Sweden.