Aldi to launch online shopping site for fine wines by the case
Discount retail chain Aldi has revealed that it plans to introduce a new online shopping site for wine for home delivery or for collection from third party locations in early…
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Britain invites Chinese investors to bid for HS2 rail project
Chancellor of the Exchequer George Osborne has kick-started the bidding process for phase one of the UK governments HS2 rail project at an event in Chengdu, China, during his five day tour…
Water parasite hits United Utilities profits by £25 million
Water contaminated by a parasitic bug in Lancashire during August this year has resulted in UK water services company United Utilities having to pay out compensation to hundreds of thousands of…
BT commits to extending UK broadband to minimum speed of 5-10 Megabits per second
Telecoms giant BT announced on Tuesday that it aims to provide a new universal minimum broadband speed of 5-10 Megabits per second (Mbps) for every home and business in the UK,…
Poundland gets green light to acquire 99p Stores
British variety store chain Poundland has received formal clearance from the UK's Competition and Markets Authority (CMA) to acquire rival chain 99p Stores. Confirming its provisional findings, published in August, the CMS…
Back to school costs boosts UK retail sales in August
Retails sales in the UK increased during August 2015, partly due to sales of school uniforms and equipment, according to the Office for National statistics (ONS) seasonally adjusted Retail Sales, August 2015…
Kingfisher restructures to focus on trade specialists
Trade equipment and DIY retail company Kingfisher, the owner of B&Q and Screwfix stores, plans to extend the number of its UK Screwfix stores by 200, as part of its restructuring…
Great Portland Estates lets Rathbone Square office space to Facebook
London property investment and development company Great Portland Estates plc (GPE) has revealed that all of the office space in its development at Rathbone Square, W1 has been pre-let to social media company…
Bank of England’s Monetary Policy Committee votes to keep Bank Rate at 0.5%
UK central bank the Bank of England announced on Thursday that its Monetary Policy Committee (MPC) meeting, held on 9 September 2015, the committee voted by a majority of 8-1 to maintain…
Barratt Developments’ final results indicate demand for new homes outstrips supply
UK residential property development company Barratt Developments plc released its full year financial results on Wednesday, which reveal continued growth in demand for new homes in Britain. The company reported…
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