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Starbucks to close some US and UK stores
Starbucks will cut about 900 jobs and close its worst performing stores in the US as well as some in the UK as part of a cost-saving restructure, the coffee chain said. Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and…
Paramount launches rival bid for Warner Bros Discovery
Natalie ShermanBusiness reporter Warner Brothers Discovery Warner Brothers Discovery is owner of HBO, known for shows like Sex and the City Paramount Skydance has made another offer to buy Warner Bros Discovery as it seeks to trump a rival plan from Netflix to buy the company’s studio and streaming networks. Paramount, which is backed by…
Families can save £200 a month at Hull community shop
Natalie Bellin Bransholme, Hull BBC Kirsty Armstrong visited the shop on its opening day Families living on a council estate say a new “social supermarket” will help them make ends meet. The shop at North Bransholme Community Centre sells surplus food, with packs of fruit, vegetables and bread costing as little as 20p a time….
British Gas boss says energy bills rise inescapable if prices stay high
The discussion of ways to mitigate any energy price rises came after the government’s cost-of-living tzar, Lord Walker, who is also chief executive of supermarket chain Iceland, suggested in the Sunday Times that energy companies and petrol stations should have their profits temporarily capped as oil prices jump.
Rail fares to be frozen in England next year
Rail fares in England next year are to be frozen for the first time in 30 years, the government has announced. The freeze until March 2027 will apply to regulated fares, which includes season tickets and off-peak returns. The most recent fare rise, in March 2025, was 4.6%. Rail fares traditionally have gone up in…
