Little Chef Bought By Kuwaiti Group 'For £15m'

The Little Chef chain of roadside restaurants has been sold to a Kuwaiti restaurant group. The company went up for sale in April, six years after it was rescued from administration. During that time there were several attempts to revive its position...

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EasyJet's Stelios To Launch Budget Grocery

EasyJet founder Sir Stelios Haji-Ioannou is launching a low-cost food retail business to undercut low prices offered by budget supermarkets Aldi and Lidl. The entrepreneur announced plans for a pilot site in Croydon as his easyGroup company aims to...

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Payday Loan Victims Urged To Fight Back By CAB

Payday loan customers are being urged to "fight back" if they have been mistreated by a lender by making an official complaint to the ombudsman. Citizens Advice said that in three-quarters of cases (76%) it has examined, borrowers would have grounds...

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Fracking: 'Fear Of Unknown' In Countryside

Fracking is causing a "fear of the unknown" in the British countryside and people need more information, a Conservative former minister has warned. Nick Herbert, an ex-justice minister, claimed the controversial technique was considered the next biggest...

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HSBC Half-Year Profits Rise 10% To £9.2bn

Europe's biggest bank, HSBC, has announced a 10% increase in half-year profits to £9.2bn. The bank said the performance was partly down to a big fall in its costs as it continued to reshape itself, disposing or closing 11 of its businesses in the period....

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Zero-Hours Contracts 'For One Million Britons'

By Liz Lane, Sky News Reporter Up to one million people, many more than previously thought, could be employed on zero-hours contracts across the UK, new research suggests. The agreements mean that employees are expected to be on call, but are not...

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Childcare Boost 'Unfair To Stay-At-Home Mums'

Plans to give tax breaks worth £1,200 per child to families with two working parents have been condemned as unfair to stay-at-home mothers. Chancellor George Osborne launched a consultation on the proposals, heralded in his Budget in March, on Monday...

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Weather Helps Economic Recovery 'Build Steam'

There is further evidence the UK's economic recovery is gathering pace following the release of a closely-watched survey for the dominant service sector. It grew at its fastest pace in more than six years in July, according to the Markit/CIPS Purchasing...

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BP Faces US Fine For 'Market Manipulation'

BP has been told it faces a fine of almost £19m for alleged manipulation of the natural gas market. The US federal energy regulator confirmed it had ordered the company to respond to the allegations within 30 days. The case, brought by the Federal...

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Seaside Towns Face Poverty As Tourism Falls

By Becky Johnson, North of England Correspondent The decline of tourism in some of Britain's once thriving seaside towns has led to poverty and social breakdown, according to a report. The Centre for Social Justice examined problems in Rhyl, Margate,...

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