Business

Dixons Carphone boss leaves for Boots

Image copyright Dixons Carphone Image caption Dixons Carphone employs over 42,000 people in nine countries The chief executive of Currys PC World and Carphone Warehouse is leaving to join High Street chemist Boots. Dixons Carphone confirmed the departure of its boss Sebastian James, just days before it reports its results for the Christmas period. Last […]

Business

Amazon raises monthly Prime price in US

Image copyright Getty Images Amazon has raised the price of monthly Prime memberships in the US by $2 to $12.99 (£9.40), in a bid to push more people to an annual plan. The annual cost of Prime, which includes two-day shipping and video streaming, was unchanged at $99. Amazon said the change does not affect […]

Business

Dignity cuts funeral prices amid growing competition

Image copyright Getty Images Dignity, the UK’s only publicly-owned funeral business, is cutting the price of its “simple” funeral by 25% to just under £2,000 amid growing competition. It says this, and a freezing of prices for some other services, will mean profits for 2018 will be “substantially below” current expectations. Dignity said it had […]

Business

Carpetright shares crash on profit warning

Image copyright Getty Images Shares in floor coverings specialist Carpetright have plunged 40% after it warned that full-year profits would be much less than expected. It blamed the profit alert on a “sharp deterioration” in UK trade, with sales in the key post-Christmas period “significantly behind expectations”. Carpetright now expects profits to be between £2m […]

Business

Coca-Cola pledges to recycle all packaging by 2030

Image copyright AFP/Getty Images Coca-Cola has announced a pledge to recycle a used bottle or can for every one the company sells by 2030. Calling it a “massive global ambition” the firm admitted its part in littering the environment and a responsibility to tackle the problem. The company, which markets 500 brands of fizzy drink, […]

Business

UK retail sales slide in tough December

Image copyright PA UK retail sales fell by 1.5% in December compared with November, the biggest monthly fall since the EU referendum, official figures show. The Office for National Statistics (ONS) said many shoppers had shifted spending to November to take advantage of Black Friday offers. It comes as Carpetright and clothing chain Bonmarche were […]

Business

Carillion plan dubbed 'sticking plaster'

Image copyright PA Help offered by the banks to firms left high and dry by Carillion’s collapse is no more than a “sticking plaster” solution, industry representatives say. Business Secretary Greg Clark has said support from a government-led task force and the banks will “maximise continuity” for small businesses. But Mike Cherry from the Federation […]