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Entertainer founder hands over toy shop chain to staff
Posted onEmma Simpson Business correspondent The Entertainer The Entertainer has 160 stores in the UK The founder of the UK’s biggest toy chain, the Entertainer, is handing over control of the business to his 1,900 workers. Gary Grant opened his first shop with his wife Catherine in 1981 when he was 23. He’s now 66, and…
China’s electric cars are cheaper, but is there a deeper cost?
Posted onTheo Leggett International Business Correspondent BBC Listen to Theo read this article In China, they call it the Seagull, and it has looks to match. It is sleek and angular, with bright, downward-slanting headlights that have more than a hint of mischievous eyes about them. It is, of course, a car. A very small one,…
The cost of rising rents: Working four jobs and pushed on to benefits
Posted onSteve Reed, MP for Streatham and Croydon North and Secretary of State for Housing, said: “Across London, 2.7 million renters will benefit from Labour’s Renters’ Rights Bill, ending Section 21 no-fault evictions so families can’t be forced out without reason, capping unfair rent hikes, and introducing a new ombudsman and stronger enforcement to drive up…
We have more work to do, says Canada negotiator as US trade deadline looms
Posted onQuebec Premier Christine Fréchette, whose province is home to a large dairy industry, said on Thursday that she was analysing what the deal will mean for Quebec farmers before deciding on whether to restore US alcohol sales. Doug Ford, the traditionally outspoken premier of Canada’s largest province Ontario, has yet to comment publicly on the…
Global borrowing costs hit fresh highs on oil, AI and inflation
Posted onLong-term borrowing costs across some of the word’s biggest economies hit fresh highs because of concerns over inflation, government debt levels and spending on Artificial Intelligence (AI). The interest rate on US borrowing over 30 years hit 5.33% on Tuesday, the highest since June 2007, meanwhile UK long-term debt reached 5.85%. There were similar moves…
Petrol price: Whats driving Northern Irelands falling fuel costs?
Posted on“Locally, the prices are very much linked to geopolitical instability, they’re linked to supply and demand at global level… and money markets, currency exchange rates, which again there’s no ability for people in Northern Ireland to control,” explained Smyth.
