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Scotland’s deputy first minister Nicola Sturgeon has confirmed that Glasgow Prestwick Airport, famous as the only place in Britain where Elvis ever set foot, is to be nationalised in order to save jobs.The airport was put up for sale in March 2012 by its current owner but as no buyer...
Budget chain Primark is in talks to acquire Birmingham’s Pavilions shopping centre in order to turn it into a giant store, according to reports.If the deal goes ahead, it could create Primark’s largest UK store at up to 200,000 sq ft.As Primark has declined to comment, it is currently unknown...
Topshop has announced that it will be collaborating with model Kate Moss once again, over three years since her last collection. The brand's creative director and Vogue contributing fashion editor, Kate Phelan and stylist Katy England are also involved in the project.The new range, which will launch in April, will...
The UK’s biggest supermarket, Tesco, is re-launching its Finest range after an overhaul that has cost “tens of millions” of pounds as part of the company’s turnaround plan. The company will launch over 400 new products and remove 200, resulting in three quarters of the 1,500 Tesco Finest range being...
Electronic cigarettes could be classified as medicinal products under new plans outlined by the EU Commission designed to prevent young people from smoking. The new plans precede UK laws which will reclassify e-cigarettes as a medicine from 2016. Other proposed EU tobacco restrictions could include more prominent health warnings on...
UK companies saw a rise in sales and optimism in the third quarter, boosted by factories which are enjoying a “growth spurt” according to the British Chambers of Commerce, leading the business group to predict a rise in GDP forecasts for the second time in four months.David Kern, chief economist...
Wal-Mart has said that its Indian retail partnership with Bharti Enterprises is “not tenable” and that the two sides are in talks as to the future of that business.The partnership, which involves the running of the Best Price Modern Wholesale Stores, was formed due to India’s somewhat ambiguous policy on...
Travel group Thomas Cook has successfully completed a £6.5 million sale of its Egyptian and Lebanese businesses. However, the group added that it would still offer its customers from other markets travel services to Egypt.Harriet Green, Chief Executive, Thomas Cook Group plc said: "I am pleased to report further progress...
In a £5.9 billion first, Japan Airlines has struck a deal with aircraft manufacturers Airbus for 31 A350 planes. The deal will be a blow for Japanese aviation’s market leader Boeing.The A350 is part of the new generation of more fuel-efficient aircraft and is a competitor to Boeing’s Dreamliner, which...
Confectionery company Cadbury has lost a court battle to trademark the distinctive colour of its Dairy Milk packaging.The company was granted the exclusive rights to the colour, Pantone 2865c, last year as part of a legal battle that has been running since 2008. However, Swiss rival Nestle has now won...
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