Lee Cooper Owner Plots Sale Of Iconic Brand

By Mark Kleinman, City Editor The owner of the Lee Cooper clothing brand is putting it up for sale seven years after acquiring it from Matalan, the discount retailer. I understand that Sun European Partners, a private equity firm, has appointed...

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Jaguar Land Rover Launches China Expansion

By Mark Stone, China Correspondent Jaguar Land Rover is to manufacture cars outside the United Kingdom for the first time. The company has entered into a joint venture with one of China's largest car makers Chery. The two firms began work to build...

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PM Calls For More Exports To Boost Growth

The Prime Minister has urged business leaders to "spread" export opportunities to help small and medium-sized companies. Speaking at the annual conference of the Confederation of British Industry (CBI), David Cameron said:  "Our market may be subdued,...

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Warning Over 'Burnout Britain' For Workers

More than half of British employees are now working longer hours than they were three years ago, a new report suggests. Researchers said some 58% of workers say their job demands have expanded, while 34% believe they are affected by excessive pressure....

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Business Bosses Slate 'School Exams Factory'

Britain's education system is fostering a "cult of the average", failing to help the brightest youngsters or those most in need, business leaders have warned. In a new report, the CBI says too many children fall behind and never catch up, and that in...

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Empty Shops Rate Sets 'Alarm Bells Ringing'

One in 10 shops in UK high streets and shopping centres were empty in October - the worst figure since the British Retail Consortium's nationwide survey began in July 2011. As retailers continue to battle against stagnating sales and rising costs, the...

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Supermarkets Slammed Over Multi-Buy Deals

Supermarket multi-buy deals can end up not saving consumers money, according to a new report. Consumer watchdog Which? monitored more than 100 products on sale over the course of a year at Britain's biggest supermarkets. It found that around 10% of...

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Boris Johnson Condemns Property Tax Plans

Boris Johnson has condemned proposals for a tax raid on owners of expensive homes, insisting the focus should be on ensuring firms like Google pay their way. The Mayor of London, in a speech to the CBI, warned that high rates of personal taxation will...

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HMRC Puts Directors' Tax Under Microscope

HM Revenue and Customs has stepped up investigations into unpaid taxes by directors, according to an international law firm. The Tax Office's Large Business Service (LBS) is investigating directors and senior executives over taxes including PAYE, and...

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More Jobs To Be Slashed At Troubled Comet

Struggling retailer Comet is to cut a further 735 jobs, administrator Deloitte has announced. It said some 600 jobs have been lost from the company's home delivery network, which operates from 12 hubs across the UK. It has made a further 57 employees...

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