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Sky News
New model shortages drive near-record demand for used cars despite price surge
A shortage of new models has helped drive a near-record leap in sales of used cars, according to industry figures, despite evidence of surging prices.The Society of Motor Manufacturers and Traders (SMMT) reported that 2,167,504 vehicles changed hands during the second quarter of the year – up 6.6% on 2019 pre-pandemic levels. The body said …
Business
Sky News
Retail sales grow but remain below pre-pandemic levels
Retail sales continued to grow in July when compared with the same month last year – although they are still below pre-pandemic levels.Total sales in July were up 6.4% on a year ago, with online sales growing at a rate of just 0.6% compared with the 41% jump seen a year ago when coronavirus restrictions …
Business
Evening Standard
Supermarket giant hiring hundreds of workers on up to £61,000-a-year
A major super market chain has launched a recruitment spree and is looking to hire 365 Londoners before Christmas – with salaries of up to £61,000 per year on offer. In the latest sign of hope for the High Street, Aldi is pursuing a UK expansion plan alongside rival German discounter Lidl. Aldi bosses said …
Business
Evening Standard
UK competition watchdog threatens Groupon with court action over refunds
The UK‘s competition watchdog has threatened Groupon with court action if the deals site does not quickly “improve its treatment of customers“. The Competition and Markets Authority (CMA) announced on Monday an investigation into Groupon has found evidence the website – which offers everything from garden furniture to discounted haircuts and experience days – does …
Business
Sky News
Ryan Reynolds on his Wrexham FC takeover: ‘I wouldn’t dare call it soccer’
Hollywood star Ryan Reynolds has told Sky News his takeover of non-league football club Wrexham is “the role of a lifetime” – and has assured British fans of the one word he definitely won’t be using when it comes to his new team.“I wouldn’t dare call it soccer,” he says. “I care about my well-being …
Business
Sky News
Ivy Asia restaurant sorry for ‘inappropriate and culturally insensitive’ advert
A London restaurant has apologised for a “totally inappropriate and culturally insensitive” advert following criticism of its depiction of East Asian people.The Ivy Asia Restaurant in Chelsea has removed an advert which featured two characters dressed as geishas dubbed “the ladies” who are transported to the restaurant on a rickshaw. Food writer Jay Rayner was …
Business
Sky News
Vodafone to reintroduce roaming charges for UK customers in Europe
Vodafone will reintroduce roaming charges for UK customers who travel in mainland Europe from next year.New and upgrading customers will have to pay up to £2 a day to use their monthly allowance of data, calls and text messages. Travellers from the UK had been able to escape roaming charges thanks to a ban on …
Business
Sky News
Oil costs plunge on fears of COVID-driven slump in China demand
Global oil prices took a further pounding on Monday as the market ponders the chance of a coronavirus-driven slump in demand in the world’s second-largest economy.Analysts cited a toxic cocktail of reasons for the latest sell-off, which first surfaced at the end of last month. The international benchmark, Brent crude, suffered its worst weekly loss …
Business
Business Live
North East Dragons’ Den star Sara Davies to appear on Strictly Come Dancing
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Business
Business Live
Aldi to create 270 jobs across Cheshire offering salaries up to £47,000
Business
Business Live
Record job creation in South West as UK staycation boom drives holidaymakers to region
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Business
Business Live
Newcastle United tumbles to £54m operating loss as Covid-19 lockdown hammers sales and profits
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