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Bodycare to shut remaining stores with loss of 444 jobs
Posted onAll remaining Bodycare stores are to close with the loss of 444 jobs after the health and beauty chain’s administrators failed to find a buyer for the shops. The business, which fell into administration earlier this month, was “no longer viable to continue” trading because of “the shortage of stock and significant costs” associated with…
Trump says US will not ‘waste our time’ helping Argentina if Milei loses
Posted onPresident Donald Trump has acknowledged that a $20bn (£15bn) US lifeline to help calm Argentina’s currency crisis is an attempt to sway elections this month in the South American nation. Welcoming Argentina’s libertarian leader Javier Milei to the White House, Trump warned that the US would not “waste our time” with helping Argentina if Milei’s…
Fuel profit margins still persistently high, says watchdog
Posted onDrivers could be paying more than they should for petrol and diesel after the UK’s competition watchdog said fuel profit margins remain at “persistently high levels” despite prices at the pump having fallen. The Competition and Markets Authority (CMA) also challenged retailers’ claims that this was a result of higher operating costs, and said competition…
Trump temporarily blocked from firing Fed governor Lisa Cook
Posted onA federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve governor Lisa Cook, who is part of the board responsible for setting US interest rates. The ruling is a win for the central bank in an unprecedented legal battle with the White House over the independence of the Fed. Last month, Trump…
