Travelodge boss resigns amid criticism over handling of assaults; oil price tops $93 a barrel – business live

Joanna Boydell has quit as budget hotel chain scrambles to improve safety Meanwhile, the UK’s sports fashion retailer JD Sports has slashed its profit forecasts as cost-of-living pressures, fuelled by the US war on Iran, weighed on sales of trainers. JD Sports, which sells a range of sports brands including Nike and Adidas, said widespread inflation had hit shoppers’ wallets, resulting in falling sales across important markets such as the US, where it struggled to quickly shift trainers and…