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JD Sports cuts profit forecast, blaming big fashion price cuts
JD Sports has cut profit expectations for the second time in eight weeks, blaming heavy discounting across the fashion market.
The retailer said it did not expect any growth in sales at established stores during the year and warned that annual profits would be no more than £935m, down from …
Starbucks says people using its coffee shops must buy something
Starbucks has said that people using its coffee shops in North America need to buy something, u-turning on a policy which allowed anyone to use its toilets even if they had not made a purchase.
The world’s biggest coffee chain this week published a new code of conduct saying that …
Amazon makes ‘largest ever’ UK order of electric trucks to cut carbon emissions
Amazon is to deploy nearly 150 electric heavy goods vehicles as well as piling packages on to trains and post-style trolleys in an effort to reduce the carbon footprint of delivering goods in the UK.
The tech company said it had bought more than 140 electric Mercedes-Benz heavy goods vehicles …
Tuesday briefing: What Ukraine might gain from two North Korean captives
Politically historic Kingsley Hall in Bristol awarded £4.7m for renovation
A 319-year-old Grade II-listed building in the heart of Bristol that was the headquarters of the precursor to the modern Labour party has been awarded £4.7m for a major renovation.
Kingsley Hall is deeply woven into Bristol’s history and has been witness to various social movements.
Once a Conservative club …
A kidnapped Chinese actor, a scam gang, and a very public rescue operation
Wang Xing thought he was travelling to a casting call with film producers in Thailand.
The 22-year-old Chinese actor, also known by his stage name Xing Xing, had been communicating on WeChat with people he believed were Chinese employees of a major Thai entertainment firm, according to Thai police. One …
Qantas South Africa flights delayed by falling debris from SpaceX rockets, airline says
Qantas says it has been forced to delay several of its flights to South Africa at the last minute due to warnings of falling debris from Elon Musk’s SpaceX rockets re-entering Earth.
Ben Holland, the head of Qantas’s operations centre, said there was often little advance notice of where the …
Almost 10,000 images of tennis balls plunge up to 90% in value as Australian Open appears to ditch NFTs
Nearly 10,000 images of balls have plunged up to 90% in value after Tennis Australia appears to have walked away from its non-fungible token (NFT) program three years after it began selling the artworks to punters.
Launched at the peak of hype around NFTs, the Australian Open’s Artball program allowed …
Spain proposes 100% tax on homes bought by non-EU residents
Spain has announced plans to impose a tax of up to 100% on real estate bought by non-residents from countries outside the EU, such as the UK, in an aim to tackle the country’s housing crisis.
The measure was one of a dozen unveiled Monday by the country’s prime minister, …
Surrey councillors ask ministers to ‘write off’ Woking’s £1bn debt
Taxpayers are being asked to shoulder £1bn in debt amassed by a bankrupt Surrey council that will be merged in the government’s plan for the biggest transfer of powers to England’s regions this century.
Posing a fresh financial headache for the government, councillors in Surrey have requested that ministers “write …