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The Office for National Statistics is expected to report that the UK economy grew in the three months to September when it releases its official figures later on today.Growth of approximately 0.8% or above is expected, building on a 0.7% month-on-month rise in the second quarter of the year, the...

The managing director of Amazon.co.uk, Christopher North, has said that his firm invested over £1 billion into the UK economy, as well as paying a further £1 billion over the past five years and paying the Treasury £500 million in VAT.In an interview with The Daily Telegraph, Mr North also...

Private equity firm Permira, which owns Hugo Boss and New Look,  has bought iconic shoe company Dr Martens for £300 million.R Griggs Group, based in Wollaston, near Northampton, has been making boots since 1901, but became famous with the Dr Martens boot which became popular in the 1970s....

Department store group John Lewis has seen its best week of the half year so far, with sales up 8.4% on last year.Given the relatively warm weather, fashion “did well” to register a positive set of figures, with childrenswear increasing 18%.Home also grew on the year, with double-digit increases in...

Department store group Debenhams saw full year profits meet expectations, but said that it remained cautious over the consumer environment.Group like-for-like sales at the group rose 2%, with profit before tax falling 2.7% in line with expectations. Multichannel sales, meanwhile, continued to grow with online sales up 46.2%, representing 13.2%...

M&S will open 150 Simply Food stores in the next three years as part of a plan to expand its food offering, the company has said.M&S executive director of food Steve Rowe said: “We are confirming plans to extend our unique food offer to even more UK customers by opening...

Electronics company Samsung has apologised to Chinese customers following a state TV report that some of its phones were malfunctioning.Samsung said that the issues, which affected the Galaxy S3 and Note2 phones, were caused by management problems at the company and that it would offer free repairs for the models...

Discount fashion retailer Primark has announced that it is to extend compensation for those affected by the Rana Plaza factory collapse in Bangladesh.The company will continue to pay the wages of victims for a further three months following the collapse earlier this year killing over 1,100 people.So far, just nine...

The chairman of the Co-operative Group, Len Wardle, has said that he will be stepping down from the company in May. Earlier this week, the group said that it would relinquish control of its banking arm as it works to plug a £1.5 billion hole in its finances.Mr Wardle said...

Apple has unveiled its new iPad ahead of the Christmas shopping build up, aiming to beat the competition from Google’s Android which is fast catching up with Apple’s own iOS as the best selling tablet software.The new device is 20% thinner than its predecessor and powered by the A7 chip,...