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A 16-year-old boy was sentenced to life in prison for the murder of a man in South London last July. Jason Terry, who was 15 at the time of the killing, was told by the judge at the Old Bailey that he would serve a minimum of 13 years for his role in the murder [...]
(Read More)8th Jun 10
Sir Terry Leahy announces retirement from Tesco
by Natasha Redman
Sir Terry Leahy, Tesco chief executive for the past 14 years, announced he will retire as head of the group next March. He will be replaced by current Tesco international and IT director Philip Clarke. Mr Leahy, who will be 55-years-old when he retires next year, has said that he will retain a large shareholding [...]
(Read More)8th Jun 10
WalMart predicts high sales for World Cup Final teams
by Katie Naylor
Wal-Mart predicts high sales for its stores in the countries of the two teams playing in the World Cup 2010 finals next month. The US retail giant has stores in eight of the 32 national teams playing in this year’s highly anticipated sporting event in South Africa, and expects an increase in sales of two [...]
(Read More)8th Jun 10
Tesco promotes exotic Thai fruits in stores
by Harry Oldfield
Tesco is launching a promotion of Thai fruits in over 430 stores in the UK this month. The Healthy and Tasty from Thailand initiative will run from 10 to 30 June, and is part of a 46 per cent increase in Thai exports for the Tesco Group for 2010. The announcement of the promotion came [...]
(Read More)8th Jun 10
Apple unveils updated iPhone
by Adam Richards
Apple unveiled its next-generation iPhone in San Francisco on Monday during the company’s Worldwide Developer’s Conference. Apple co-founder Steve Jobs demonstrated the new features of the popular device, which include a stainless steel case, two cameras, and an improved display. The new iPhone is also 24 per cent thinner than previous models. According to Mr [...]
(Read More)7th Jun 10
Harsh winter helps boost Halfords profits
by Sally Davies
Halfords, the car spare and bicycle specialist in the UK, is expected to announce a 25 per cent profit increase for the past year. The success is largely due to inclement weather seen during the winter months, which forced many Britons to spend money on maintenance, accessories, and replacement parts. The company saw an increase [...]
(Read More)7th Jun 10
Officials claim boulders responsible for train derailment
by Natasha Redman
British Transport Police (BTP) announced that boulders were the likely cause of a train derailment in Argyll on Sunday. The train bound for Oban from Glasgow derailed near the Falls of Cruachan power station by Loch Awe, causing eight passengers to be injured. During the incident, both carriages caught fire as the train stopped at [...]
(Read More)7th Jun 10
Dubai court convicts Brit of murder
by Katie Naylor
A Dubai court has convicted a British man of the murder of his ex-girlfriend. Mark Arnold, 43, was sentenced to 15 years in jail for killing his girlfriend of five years, Kelly Winter. Although Winter’s body was never found, the court used a signed confession by Arnold as evidence to convict him of the crime. [...]
(Read More)7th Jun 10
Study finds supermarkets help poor communities
by Harry Oldfield
A study by think-tank Demos has found that large supermarket chains can have positive effects on poor communities such as increasing estate values and creating jobs. Research by the group shows that the addition stores such as ASDA and Tesco to impoverished communities will also raise aspirations among local residents, not to mention provide access [...]
(Read More)7th Jun 10
Study shows high food prices at motorway service stations
by Adam Richards
A recent study has shown food prices at motorway service stations to be two or three times greater than equivalent products found at local UK supermarkets. Web-based company travelsupermarket conducted the study, which compared prices found at 16 UK motorway service stations with the same products at supermarket giant ASDA. According to the travelsupermarket findings, [...]
(Read More)