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UK retail sales rise again in February

UK retail sales rise again in February

Retail sales rose in February, up by 0.4% on the previous month, official figures show. But sales at food stores saw the biggest fall since December 2016, the Office for National Statistics said. Separate data showed government borrowing fell to...

BBC, Thursday, 09:44
 
Persimmon homebuyers can withhold money until faults fixed

Persimmon homebuyers can withhold money until faults fixed

Persimmon, one of Britain’s biggest housebuilders, has responded to criticism about the quality of its homes by allowing homebuyers to withhold an average of £3,600 per home until all faults are fixed. The company has come under fire for paying out...

Guardian, Thursday, 09:34
 

Next flags possible Brexit bonus for shoppers as profits cool

Retail giant Next has said lower trade tariffs under a no-deal Brexit could save it up to £15 million and allow it to cut prices for shoppers. The chain said, while “seemingly” unlikely, if the UK government’s proposed tariffs were put into place it...

Scotsman, Thursday, 09:17
 
Next profits fall but boss says Brexit not affecting spending

Next profits fall but boss says Brexit not affecting spending

Next has reported a third year of falling profits after a “challenging” year in which there was a sharp deterioration in sales and profits at its high street chain. The retail giant made a pre-tax profit of £722.9m in the year to January, down from...

Guardian, Thursday, 08:47
 
Next's store sales and profits keep falling

Next's store sales and profits keep falling

Next says annual profits at its High Street stores have fallen by just over 20%, while online profits jumped by nearly 14%. Sales in its stores fell nearly 8% to £1.95bn, while online sales rose by 14.7% to £1.92bn. Overall, the company said group...

BBC, Thursday, 07:57
 
Senate panel to hold aviation safety hearing after two Boeing 737 Max crashes

Senate panel to hold aviation safety hearing after two Boeing 737 Max crashes

A US Senate committee plans a hearing on 27 March on aviation safety after two fatal Boeing 737 Max 8 aircraft crashes since October, and said it will also schedule a hearing with Boeing and other manufacturers, officials said on Wednesday. The...

Guardian, Thursday, 07:46
 
UK’s emergency plans for no-deal Brexit begin to be put into action

UK’s emergency plans for no-deal Brexit begin to be put into action

Kent county council has activated no-deal plans to keep its roads, hospitals and schools open, as the government considers pulling the trigger on national contingency measures involving 30 central departments and 5,000 staff. With the country placed...

Guardian, Thursday, 07:31
 
Lorraine Kelly is a theatrical artist, tax tribunal judge rules

Lorraine Kelly is a theatrical artist, tax tribunal judge rules

The breakfast TV presenter Lorraine Kelly is performing the role “of a friendly, chatty and fun personality” when she appears on ITV each morning and not simply appearing as herself, a tax tribunal judge has ruled. The presenter of the magazine show...

Guardian, Thursday, 07:31
 
Is Carpetright wrong over the right to claim compensation?

Is Carpetright wrong over the right to claim compensation?

I contracted Carpetright to carpet my new home. Fitters arrived last September and carpeted the bedrooms and landing adequately, but did a poor job on the stairs. The Croydon store organised two further appointments in November to inspect the stairs...

Guardian, Thursday, 07:31
 
Ted Baker profits down amid tough trading

Ted Baker profits down amid tough trading

Troubled fashion chain Ted Baker has seen a 26% fall in annual profits amid "very difficult trading conditions". The results come less than three weeks after the retailer's boss, Ray Kelvin, resigned in the wake of allegations of misconduct,...

BBC, Thursday, 07:25
 
Streaming accounts for more than half UK record label income

Streaming accounts for more than half UK record label income

Music streaming services generated more than half of the income earned by record labels in the UK last year, as CD sales continue to plummet. Subscription streaming platforms operated by Spotify, Amazon Music and Apple Music, made revenues of £468m in...

Guardian, Thursday, 00:13
 
'They took £150 from the till - was it really worth it?'

'They took £150 from the till - was it really worth it?'

Five minutes before closing time, Lilly was restocking milk when two masked men entered the shop where she worked, one with a Taser and one with a gun. They demanded money from the till, then panicked and tasered both Lilly and her colleague Mary....

BBC, Thursday, 00:11
 
Brexit: Toilet paper maker stockpiles in a case of no-deal

Brexit: Toilet paper maker stockpiles in a case of no-deal

One of the UK's major toilet tissue importers has been stockpiling to ensure it can maintain supplies in the event of a no-deal Brexit. German-owned Wepa has stockpiled an extra 600 tonnes of finished product, or about 3.5m rolls, in UK warehouses. UK...

BBC, Thursday, 00:11
 
Levi Strauss worth $6.5bn in stock market return

Levi Strauss worth $6.5bn in stock market return

Levi Strauss will be worth about $6.5bn (£5bn) when the denim-maker rejoins the stock market after 34 years away. Shares in the inventor of the blue jean have been priced at $17 each, just above the target range of $14-16. Levi's has sold $623m worth...

BBC, Wednesday, 23:41
 
Brexit: Sterling falls on no-deal worries

Brexit: Sterling falls on no-deal worries

The UK's request to delay Brexit drew more fire from business leaders, as the value of sterling fell on concern that leaving without a deal was more likely. The British Chambers of Commerce (BCC) said it was "unacceptable" business was no...

BBC, Wednesday, 22:32
 


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