Posts Categorized: Warren Fyfe

Cineworld to buy Regal cinemas in blockbuster deal

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Image copyright AFP Cineworld has agreed to buy US cinema chain Regal in a $3.6bn (£2.7bn) deal that will create the world’s second largest cinema group. The new cinema giant will operate in 10 countries, and have 9,500 screens across the US and Europe. The deal gives Cineworld access to North America, which has the [...]

Rail fare rise biggest for five years

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Image copyright Getty Images Train fares in Britain will go up by an average of 3.4% from 2 January. The increase, the biggest since 2013, covers regulated fares, which includes season tickets, and unregulated fares, such as off-peak leisure tickets. The Rail Delivery Group admitted it was a “significant” rise, but said that more than [...]

Drive to attract superyachts to Scotland sets sail

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Image copyright Getty Images A new marketing drive has been launched to attract superyachts to the west coast of Scotland. The shoreline has been added to a European-funded project called Cool Route, which is developing a new yacht cruising route. It includes the coasts of Ireland, Northern Ireland, Scotland, the Faroe Islands and Norway. Part [...]

No Brexit unless we back Theresa May, Jeremy Hunt says

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Image copyright AFP/Getty Image caption Theresa May will hold talks with Jean-Claude Juncker on Monday There will be no Brexit at all unless Theresa May is supported, a cabinet minister has warned. Health Secretary Jeremy Hunt said it was not about a choice between “this Brexit and that Brexit”. He was speaking as leading Brexit [...]

Renting in retirement: How feasible is it?

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Image copyright Getty Images Home ownership can be a thing of beauty. Just as you don a pair of fur-lined slippers and spend more time on the golf course, you find you have paid off your mortgage. For the rest of your life, accommodation is effectively free. But this utopian model is becoming the exception. [...]

How small businesses are dealing with online giants

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Image copyright Jonzara Image caption Family shop owners: Jonathan McCann with his sister Sarah and mother Heather Small businesses in the UK face a number of immediate challenges, including a long slowdown in consumer spending. But they also face a struggle with big online competitors such as Amazon. On Small Business Saturday, we take a [...]

Toys R Us prepares to shut 25 stores

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Image copyright Getty Images Image caption Around 25 Toys R Us stores could close if its new debt deal with creditors is approved Toys R Us is preparing to close around a quarter of its 106 UK stores, with the loss of hundreds of jobs, the BBC understands. The closures would form part of a [...]

How much of your salary is spent on rent?

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Tenants typically spend more than a quarter of their monthly salary before tax on rent, official figures show, but there are wide regional variations. They paid an average of 27% of their gross salary to their landlord in England in 2016, the Office for National Statistics (ONS) data shows. The picture varies across the country. [...]

Dragons Den businessmen sell Red Letter Days

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Image copyright Getty Images Image caption Theo Paphitis (left) and Peter Jones (right) bought Red Letter Days out of administration in 2005 TV businessmen Peter Jones and Theo Paphitis have sold the gift experience company Red Letter Days, which they saved from collapse, to rival SmartBox. Both companies sell balloon flights, spa breaks and other [...]

Bitcoin slides amid rollercoaster ride

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Image copyright Getty Images The price of digital currency Bitcoin has fallen sharply in a period of wild trading since it passed the $11,000 mark a day ago. Bitcoin is now around $9,600, down about 16% from the record $11,434 (£8,500) it hit on Wednesday. The digital currency is used by some people to pay [...]