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One in 10 adults owns second home, says think tank

One in 10 adults owns second home, says think tank

Image caption The number of landlords has risen significantly since 2002 As many as 5.2 million UK adults – or one in 10 – have bought or inherited a second home, according to research. Think tank the Resolution Foundation said the number of multiple home owners grew by 30% between 2002 and 2014. That figure […]

McDonald’s could face first UK strikes

McDonald’s could face first UK strikes

Image copyright Getty Images Image caption Global fast-food giant McDonald’s could face its first UK worker strikes Fast-food company McDonald’s could face its first staff strike in the UK, after workers at two stores backed a call for industrial action. Employees at McDonald’s restaurants in Cambridge and Crayford, near London, voted overwhelmingly for a strike. […]

Visits to UK rise amid fall in pound

Visits to UK rise amid fall in pound

Media caption“I couldn’t believe how cheap it was” The number of visitors to the UK rose to 3.5 million in June, up 7% from the same month last year, according to official figures. The number of visitors from North America shot up by 34%. While in the UK, the visitors spent £2.2bn, a rise of […]

Trump ‘scraps infrastructure council plan’

Trump ‘scraps infrastructure council plan’

Image copyright Getty Images Image caption Donald Trump talked about expediting infrastructure projects earlier this week President Trump is scrapping plans for a business panel on infrastructure, according to US media reports. A White House official said the infrastructure panel, which was still being formed, would not go ahead. The decision comes after two other […]

Topshop bosses out of fashion in Arcadia shake-up

Topshop bosses out of fashion in Arcadia shake-up

Image copyright Getty Images Topshop is the jewel in the crown of billionaire Sir Philip Green’s retail empire. But with the chain losing its sheen amid tough competition there are fresh attempts to keep it ahead of the game. In the latest shake-up at Sir Philip’s parent company Arcadia, Topshop’s creative boss Kate Phelan is […]

DIY firms Homebase and B&Q suffer sales slump

DIY firms Homebase and B&Q suffer sales slump

Image copyright PA The UK’s two biggest DIY chains, B&Q and Homebase, have both reported a slide in sales this summer. B&Q said sales at its established stores fell 5% in the three months to July amid a drop in demand for garden furniture and other summer products. The fall dragged shares in B&Q owner […]

Asda sales grow again after three-year slump

Asda sales grow again after three-year slump

Image copyright Getty Images Supermarket chain Asda has reported its first quarterly like-for-like sales growth for three years. Sales rose 1.8% in the second quarter after a bumper Easter, helped by price cuts and more customers shopping at its stores. Removing the benefit of Easter from the results, Asda’s like-for-like sales were 0.7% higher. Asda, […]

Daily Stormer: Cloudflare drops neo-Nazi site

Daily Stormer: Cloudflare drops neo-Nazi site

Media caption The Daily Stormer has been a source of significant controversy in recent days A neo-Nazi site that disparaged a woman who died during protests in Charlottesville has faced another wave of rejection by web companies. The Daily Stormer’s account with Cloudflare – which protects websites from distributed denial of service (DDoS) attacks – […]

Apple boss Tim Cook joins Donald Trump condemnation

Apple boss Tim Cook joins Donald Trump condemnation

Image copyright Getty Images Apple chief executive Tim Cook has become the latest boss to criticise President Donald Trump over his response to the white nationalist rallies in Virginia. Mr Cook said he did not agree there was a “moral equivalence” between white supremacists and “those who oppose them”. Mr Trump has disbanded two business […]

UK retail sales growth continues in July

UK retail sales growth continues in July

Image copyright Reuters UK retail sales increased in July as stronger spending on food offset a fall in the purchase of other goods, according to official figures. The volume of sales grew by 0.3% compared with June, the Office for National Statistics (ONS) said. However, the figure for June’s retail sales growth was revised down […]

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