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Asda withdraws Slimzone meals amid row with Slimming World

Asda withdraws Slimzone meals amid row with Slimming World

Image copyright Asda The supermarket chain Asda has withdrawn a range of slimming meals after a disagreement with weight loss organisation Slimming World. Asda launched a range of 12 meals this year, marketing them as counting as “free” foods under Slimming World’s categorisation. Free foods mean a dieter can eat as many as they want. […]

MPs debate £1,200 cap on insurance costs for young drivers

MPs debate £1,200 cap on insurance costs for young drivers

Image copyright PA MPs are debating whether car insurance costs for young people between the ages of 18 and 25 should be capped at £1,200 a year. It follows an online petition that was signed by 185,000 people. So-called e-petitions that attract more than 100,000 signatures automatically trigger a debate in Parliament. It comes on […]

Vodafone deal creates India mobile giant

Vodafone deal creates India mobile giant

Image copyright Getty Images UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India’s third-largest network, to create the country’s largest operator. The combined company will have almost 400 million customers, accounting for 35% of the market share, the firms said in a statement. The announcement ends months of speculation over an […]

Rail industry promises 6,400 extra trains

Rail industry promises 6,400 extra trains

Image copyright Thinkstock Investment in the UK rail network means that 6,400 more train services will be running each week by 2021, according to industry figures. The Rail Delivery Group (RDG) said about £50bn was being spent on the network, which would result in an 11% rise in the number of weekday services. The RDG […]

What a £1 coin could have made since 1983

What a £1 coin could have made since 1983

Investing a £1 coin when it entered circulation in 1983 could have seen its real value grow more than tenfold, according to an investment firm. The current £1 coin will be discontinued this year, as a 12-sided coin enters circulation on 28 March. Asset manager M&G has calculated that, if left in a piggy bank, […]

Homes cost more than seven times income

Homes cost more than seven times income

Image copyright Getty Images Working people typically face house prices of more than seven times their annual earnings as affordability is increasingly stretched. The typical property cost 7.6 times average annual earnings of employees in England and Wales, the Office for National Statistics (ONS) said. The aftermath of the financial crisis saw affordability levels plateau. […]

BA owner IAG launches new long-haul airline Level

BA owner IAG launches new long-haul airline Level

Image copyright IAG The owner of British Airways is launching a new long-haul budget airline based in Barcelona. IAG said the new airline, Level, would initially fly to Los Angeles, Oakland, Buenos Aires and Punta Cana in the Dominican Republic from June. The airline will use Iberia crew and two new Airbus A330 planes. Willie […]

Bob Diamond in deal to buy stockbroker Panmure Gordon

Bob Diamond in deal to buy stockbroker Panmure Gordon

Image copyright Getty Images Image caption Bob Diamond resigned from Barclays in 2012 Bob Diamond has joined forces with the Qatari royal family to buy Panmure Gordon, the loss-making stockbroker and investment bank. The former Barclays chief executive has made the offer through his Atlas Merchant Capital vehicle and QInvest, the Qataris’ investment arm. QInvest […]

Housebuilder Berkeley shrugs off Brexit vote to hit profit targets

Housebuilder Berkeley shrugs off Brexit vote to hit profit targets

Image copyright Getty Images Housebuilder Berkeley Group has said it expects profits at be at the top end of forecasts this year, as it signalled the housing market in London and the South East had “stabilised”. In the seven months since the Brexit referendum result, Berkeley said new home sales had fallen by 16%. But […]

Comma comeuppance: When rogue punctuation proves costly

Comma comeuppance: When rogue punctuation proves costly

Image copyright Getty Images A US dairy faces an overtime bill of about $10m (£8m), after a group of truck drivers won a pay dispute that hinged on some punctuation. An appeal court sided with the drivers, saying the lack of a comma in the state of Maine’s overtime laws made the regulations too ambiguous. […]