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Tag Archives: new business ideas

Debenhams shares dive after weak Christmas trade

Department store chain Debenhams’ shares have sunk 15% after it warned that annual profits would be lower than expected because of disappointing trading over the key Christmas period. The retailer said underlying pre-tax profits were now likely to be between £55m and £65m this year. Analysts had been expecting …

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Canadian cannabis grower Aurora heads to Europe

A Canadian marijuana maker is set to sell cannabis in several European countries after striking a deal with Denmark’s biggest tomato producer.Aurora Cannabis is partnering with Alfred Pedersen & Son to produce cannabis for medical use in Europe.The greenhouses used for tomatoes can be converted to grow the drug …

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Post-Brexit farming funding set out by Michael Gove

Plans for the way farming subsidies will be dealt with after Brexit have been set out by Michael Gove.Farmers will receive payments for “public goods”, such as access to the countryside and planting meadows.The environment secretary told farmers the government would guarantee subsidies at the current EU level until …

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Meltdown and Spectre: How chip hacks work

Media playback is unsupported on your device As technology companies race to fix two major vulnerabilities found in computer chips, the ways in which those chips could theoretically be targeted by hackers are becoming clear. Collectively, Meltdown and Spectre affect billions of systems around the world – from desktop …

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Bank branch closures: How one town has coped

The UK’s four big High Street banks closed, or announced plans to shut, a total of 948 branches during 2017.The banks blamed the advance of technology, with customers turning to the internet and smartphones for day-to-day banking.However, one town in Flintshire believes that the economic hit caused by branch …

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Philip Morris places anti-smoking advertisement in papers

Tobacco firm Philip Morris has placed an advertisement in some newspapers promoting its “ambition to stop selling cigarettes in the UK”.It is part of the company’s drive to achieve a “smoke-free future”.The owner of the Marlboro brand has also written to Prime Minister Theresa May asking to be allowed …

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