Thursday newspaper round-up: Gambling, Amazon, John Lewis

(Sharecast News) - More than 420,000 British gamblers lose at least £2,000 a year, according to a major report that warns losses on the most addictive products are "strongly skewed" towards deprived areas. The report lays bare the punishing losses incurred by the heaviest gamblers and raises "concern" at the low level of intervention by gambling companies to prevent them suffering harm. - Guardian Amazon shoppers in Britain can now add high-fashion purchases, such as a four-figure Peter Dundas evening gown or a Christopher Kane slingback heel, to their digital shopping baskets. The world's largest online retailer has launched its Luxury Stores at Amazon division in the UK, France, Germany, Italy and Spain, having opened a US version in 2020. - Guardian

A low-profile fund manager who made an investment return of more than 10,000pc is stepping down after 39 years. Simon Knott, who has managed the Rights & Issues investment trust since 1984, will step down as its investment manager on September 1. He will remain as a non-executive director. - Telegraph

John Lewis is targeting suburban locations and commuter towns in the South East as it pushes ahead with plans to build 10,000 rental homes despite warnings that the property market is cooling. The John Lewis Partnership, which also owns Waitrose, said it will build accommodation over supermarkets in Bromley and West Ealing in Greater London, as well as replacing a vacant John Lewis warehouse in Mill Lane, Reading. - Telegraph

Top Gun: Maverick has become the UK's top-grossing film at the box office less than two weeks after opening, displacing Doctor Strange in the Multiverse of Madness. Takings of the film, in which Tom Cruise reprises the role of the US Navy aviator Pete "Maverick" Mitchell he played in 1986, reached £41.3 million on Monday, just £388,000 ahead of Doctor Strange. - The Times