The department store chain Beales is to close its last remaining shop, in Poole, for the second time as it blamed rising costs linked to Rachel Reeves’s budget for a failed rescue attempt. The 144-year-old retail institution, which first opened its doors in Bournemouth in 1881, collapsed into administration in January 2020, leading to the…
The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Mario Tama | Getty Images Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and Popeyes’ restaurants. Shares of the company rose roughly 3% in…
Pressing ahead with steep tariffs on Canada and Mexico risks exacerbating the US housing crisis and threatening the broader economy, dozens of congressional Democrats have warned Donald Trump. The US president, after threatening to hit imports from the US’s two biggest trading partners with a 25% tax, is weighing how to proceed after approving a…
One of the UK’s biggest providers of motor finance has warned it expects to set aside up to £165m in the first half of its financial year to cover possible legal and compensation costs as a result of the car loans commission scandal. Close Brothers said it had come up with the estimate after a…
A Sydney Harbour’s worth of extra water will be needed each year by the Coalition’s proposed nuclear reactors, according to federal government analysis that opens a new front in the political fight over Peter Dutton’s signature energy policy. After focusing most of their attacks on the economic arguments against nuclear, Labor will pivot on Thursday…
Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as…
Ursula von der Leyen (CDU, r), President of the European Commission, stands in the plenary chamber of the European Parliament. Philipp von Ditfurth | Picture Alliance | Getty Images The European Union plans to retaliate against the United States for new steel and aluminum tariffs, adding another element to rising global trade tensions. “Unjustified tariffs…
UK Steel: Trump has taken a sledgehammer to free trade The UK steel sector fears that Donald Trump’s new tariffs on steel will disrupt global trade, and lead to a surge of foreign steel into Britain – potentially hurting the domestic industry. Gareth Stace, director general of trade body UK Steel, says: “President Trump has…
The chief executive of Entain has left the business in a surprise move just five months after joining the owner of bookmakers Ladbrokes and Coral. Britain’s biggest bookmaker said Gavin Isaacs was leaving by mutual agreement, and with immediate effect. Entain’s share price fell by nearly 11% on the news. Isaacs, 60, an Australian lawyer…
A key snapped in the lock as my son and his young babysitter tried to open my front door. The babysitter searched online and called a locksmith quoting a £49 call-out charge. The locksmith claimed the key could not be extracted and insisted the entire locking mechanism had failed and would need to be repaired…
