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Tag Archives: new business ideas

McDonald's sales up on premium hamburgers and cheap drinks

McDonald’s, facing pressure from increased competition, says it has found a recipe for success in $1 drinks and a new line of high-end hamburgers.The fast food pioneer had its highest quarterly sales at established stores in five years in the three months to the end of June.The firm credited …

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Inside US/UK trade deal

Relations with the United States were always going to be a high priority for British trade policy post-Brexit. So no surprise that Liam Fox has gone to Washington to discuss prospects.The International Trade Secretary is pushing for a bilateral trade liberalisation agreement with the US to take effect when …

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FTSE 100 up but Domino's Pizza shares hit as sales slow

Shares in Domino’s Pizza were down nearly 7% before closing down 5.5% after it delivered disappointing news on its sales growth.Six months UK like-for-like sales growth was 2.4% from 13% last year.The news overshadowed a 9% increase in profits for the half year to £44.6m, Virgin Money was another …

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Acacia Mining rejects $190bn Tanzanian tax bill

Gold miner Acacia has been hit with a demand for $190bn in unpaid taxes to Tanzanian authorities in a row it has called “inaccurate and unexplainable”.The demand follows a finding by government-appointed committees that the firm was operating illegally and had understated its gold exports.Acacia’s website says that it …

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Plans to ban leaseholds on new-build houses in England

“Unfair charges” levied on buyers of new-build houses could be banned in England under a proposed crackdown.Leaseholds on new-build houses would be outlawed, while ground rents could be dramatically reduced, under government plans subject to public consultation.Ground rents can double every decade, crippling home owners and in some cases …

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Crossrail 2: Support by government 'outrageous' after northern snub

Government support for a new London rail line after scrapping projects in Wales and the north of England has been described as “frankly outrageous”. Greater Manchester mayor Andy Burnham said there would be “widespread anger” at the decision to back the railway line, which will run through London. Liverpool …

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