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Frasers Group plc (FRAS), formerly Sports Direct International plc, is a British retailing group. Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide.[3] The company owns many sporting brands and trades predominantly under the SportsDirect.com brand. Other retailers owned by the company include House of Fraser, Flannels, USC and Lillywhites. The company operates under low margins.
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Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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