WHSmith Sells Up - A Midweek Guide to Buying Pens, Paperclips, and an Entire Business

This week, a nostalgic chunk of British retail history looks set to pack its bags. WHSmith - purveyor of airport holiday reads, over-priced stationery, and the random temptation of reduced chocolate bars when you just want to pay for a pack of Bic pens - has agreed to sell its entire UK high street business to private equity firm Modella Capital for £76 million.