Butlers in the Buff wins trademark case

Image copyright Butlers in the buffImage caption Butlers in the Buff was set up in 2001 and now operates in the UK, USA, Canada and Australia A company providing semi-naked men to serve drinks and food at parties has successfully stopped another firm using its trademark. Bristol-based Butlers in the Buff (BITB) settled out of […]

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Patisserie Valerie rescue saves 2,000 jobs

Image copyright Reuters Patisserie Valerie is being bought out of administration in a deal that will save nearly 2,000 jobs. The management team at the coffee and cake chain has secured backing from investment firm Causeway Capital to take over 96 shops. Sister brand Philpotts has also been sold in a separate deal, saving a […]

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Airbus scraps A380 superjumbo jet as sales slump

Image copyright EPA European aircraft manufacturer Airbus has pulled the plug on its struggling A380 superjumbo, which entered service just 12 years ago. Airbus said last deliveries of the world’s largest passenger aircraft, which cost about $25bn (£19.4bn) to develop, would be made in 2021. The decision comes after Emirates, the largest A380 customer, cut […]

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Profits slide at Mike Ashley’s business

Image copyright Getty ImagesImage caption Mike Ashley owns Newcastle United Profits at Mike Ashley’s private company dropped in 2017 when Sports Direct was hit by the fall in the value of the pound and Newcastle United’s revenue slumped. Mash Holdings’ accounts for the financial year to end-April 2017, show profits fell to £102.5m from £227.7m. […]

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UK inflation falls to two-year low in January

Image copyright Getty Images UK inflation fell to a two-year low in January, dragged lower by falling energy bills and fuel. The Office for National Statistics said the Consumer Prices Index (CPI) was 1.8% last month, from 2.1% in December. January’s fall, partly offset by higher air and ferry fares, was bigger than economists’ forecasts […]

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Food industry warns Gove on Brexit ‘crisis’

Image copyright Getty Images The UK food industry has threatened to stop co-operating with government policy consultations, saying it is busy trying to stave off the “catastrophic impact” of a no-deal Brexit. The warning came in a letter to Environment Secretary Michael Gove from more than 30 business leaders. They said it looked “ever more […]

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UK signs post-Brexit trade deal with Switzerland

Image copyright ReutersImage caption International Trade Secretary Liam Fox talks to Swiss Economy Minister Guy Parmelin The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” – based on the EU’s existing free trade deal with Switzerland – was agreed in December but ratified […]

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UK economic growth slowest since 2012

Media playback is unsupported on your device Media captionPhilip Hammond says the UK economy put in a “robust performance” The UK economy expanded at its slowest annual rate in six years in 2018 after a sharp contraction in December. Growth in the year was 1.4%, down from 1.8% in 2017 and the slowest rate since […]

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