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A veteran retailer has encouraged the government to reject the ‘Queens of Shops’ Mary Portas’s plans to save the UK’s embattled high street, warning that many towns are already “in a death spiral”. Majestic Wine chairman Phil Wrigley, who has been a director at Debenhams, BHS and New Look, compared high streets with the shipbuilding [...]
(Read More)24th Jan 12
Ocado finance chief resigns to join Michael Page
by Sally Davies
Online grocer Ocado saw a fall in its shares after announcing that Andrew Bracey, its finance director, was departing to join the recruitment firm Michael Page. Mr Bracey, who joined Ocado in 2010 ahead of its flotation, will move to Michael Page to become its chief financial officer. Experts immediately questioned whether this was evidence [...]
(Read More)17th Jan 12
Fake malaria drugs could risk millions of lives
by Sally Davies
Poor quality and fake anti-malaria drugs are acting as a threat to attempts to control the disease across Africa and may result in millions of lives being put at risk, warn scientists. The counterfeit medicines have the potential to harm patients as well as promote drug resistance among parasites of malaria, states the study which [...]
(Read More)13th Jan 12
British Gas and SSE lower energy bills
by Sally Davies
British Gas has cut household electricity prices with immediate effect by five per cent, but said it could not follow other providers in reducing the price of gas, which it increased by 18 per cent last summer. Elsewhere, less than two hours after the announcement by British Gas, SSE, which also raised gas prices by [...]
(Read More)11th Jan 12
Newly discovered planets are roasted remains
by Sally Davies
Shortly after reporting on the first Earth-size planets ever to be detected outside of our Solar System, researchers have also discovered the existence of two even smaller planets. However, there is something very peculiar about these objects. They appear to be the burnt remains of planets that have spent some time inside the exterior layers [...]
(Read More)6th Jan 12
Secular activists call faith school expansion programme ‘shameful’
by Sally Davies
Secular activists have chastised reports that UK ministers are considering allowing the Church of England to take easier control of state-financed schools. Michael Gove, the UK’s education secretary, has been contacted by the British Humanist Association (BHA), who has called the plans “the single most threatening development” in the domain of religious schools since their [...]
(Read More)5th Jan 12
Father of slain Indian student flies to UK
by Sally Davies
The father of Anuj Bidve, the 23-year-old Indian student who was murdered on Boxing Day in Salford, has cried out for justice, pleading with Britain to guarantee that foreign students see better protection in the future. Anuj Bidve, who was an engineering student from western India, died after being shot in the head during a [...]
(Read More)3rd Jan 12
Knighthood award for obesity expert
by Sally Davies
An innovator in the field of diabetes and obesity research has been bestowed a knighthood honour in the New Year’s Honours List. Imperial College London’s Professor Stephen Bloom has been deemed an “outstanding clinical academic” who has revolutionised how obesity is studied and understood. Christine Mills, who founded the charity Hope for Tomorrow, has also [...]
(Read More)2nd Jan 12
Manufacturing in eurozone continues to decline
by Sally Davies
Newly published figures show that manufacturing in the eurozone has declined for the fifth month in a row. The purchasing managers’ index survey by Markit/CIPS indicates a very slight rise in December over November, but still registers a contraction. Last month showed a reading of 46.9, up from 46.4. However, any figure below 50 signifies [...]
(Read More)22nd Dec 11
Harrods aims for record results following overseas lift
by Sally Davies
Harrods looks to be in line for another year of record sales and profits after foreign visitors continued to splash the cash at the renowned London emporium. The Knightsbridge-based department store said that its sales to date in the crucial build-up to Christmas were ahead of the same period last year. This indicates that it [...]
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