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Byron may shut 20 restaurants in rescue plan

Byron, the struggling burger restaurant chain, has placed 20 sites at risk of closure under a restructuring plan aimed at securing its future. The announcement, by business services firm KPMG, was brought forward shortly after Sky News revealed that Byron was seeking a so-called company voluntary arrangement (CVA) aimed …

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Microsoft pulls security update that freezes PCs

Microsoft said on Tuesday that it was suspending a security update after it was found to be freezing PCs. In a support blog Microsoft said that machines running on AMD chipsets were not going to be protected against the Spectre vulnerability, which was disclosed last week. The company said: …

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Theo Paphitis says retail nearing 'precipice'

Theo Paphitis has blamed the Government for allowing the UK’s beleaguered retail sector to slide “closer and closer towards the precipice”. The former Dragons’ Den star, and entrepreneur behind high street chains Ryman, Robert Dyas and Boux Avenue, blamed changes to business law as well as the disparity in …

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Morrisons posts better-than-expected Christmas sales

The UK’s fourth largest supermarket, Morrisons, continued to ring up growing sales over the key Christmas period.The chain sold 2.8% more in the ten weeks to 7 January than it did for the same period a year earlier, not including new store openings.Christmas trading was particularly strong with sales …

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CES 2018: Intel to make flawed chips safe in a week

Intel’s chief executive has said software fixes to address the recently discovered Meltdown and Spectre bugs in microchips would be released in the next few days.Brian Krzanich was speaking at the beginning of his keynote speech at the CES trade show event in Las Vegas.He said 90% of processors …

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