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Coca-Cola pledges to recycle all packaging by 2030

Coca-Cola pledges to recycle all packaging by 2030

Image copyright AFP/Getty Images Coca-Cola has announced a pledge to recycle a used bottle or can for every one the company sells by 2030. Calling it a “massive global ambition” the firm admitted its part in littering the environment and a responsibility to tackle the problem. The company, which markets 500 brands of fizzy drink, […]

Dignity cuts funeral prices amid growing competition

Dignity cuts funeral prices amid growing competition

Image copyright Getty Images Dignity, the UK’s only publicly-owned funeral business, is cutting the price of its “simple” funeral by 25% to just under £2,000 amid growing competition. It says this, and a freezing of prices for some other services, will mean profits for 2018 will be “substantially below” current expectations. Dignity said it had […]

Amazon raises monthly Prime price in US

Amazon raises monthly Prime price in US

Image copyright Getty Images Amazon has raised the price of monthly Prime memberships in the US by $2 to $12.99 (£9.40), in a bid to push more people to an annual plan. The annual cost of Prime, which includes two-day shipping and video streaming, was unchanged at $99. Amazon said the change does not affect […]

Carpetright shares crash on profit warning

Carpetright shares crash on profit warning

Image copyright Getty Images Shares in floor coverings specialist Carpetright have plunged 40% after it warned that full-year profits would be much less than expected. It blamed the profit alert on a “sharp deterioration” in UK trade, with sales in the key post-Christmas period “significantly behind expectations”. Carpetright now expects profits to be between £2m […]

ATM shake-up could leave many without cash, consumer group warns

ATM shake-up could leave many without cash, consumer group warns

Image copyright Getty Images Image caption Which? says the plans could lead to “mass closures” of ATMs Plans to shake-up the UK’s ATM network may leave many remote areas with little or no access to cash, consumer group Which? has warned. Link – which manages the network – wants to reduce the amount it charges […]

Uber co-founder Travis Kalanick a billionaire after $9.3bn investment deal

Uber co-founder Travis Kalanick a billionaire after $9.3bn investment deal

Image copyright Getty Images Uber co-founder Travis Kalanick will become a billionaire, after investors agreed to take a large stake in the ride-hailing firm. A consortium led by Japan’s Softbank is buying a chunk of the company from existing shareholders as well as new Uber shares in a $9.3bn (£6.7bn) deal. Mr Kalanick, who stepped […]

Santander boss named in RBS scandal

Santander boss named in RBS scandal

Image caption Nathan Bostock, pictured here in 2012, is now head of Santander The boss of one of the UK’s biggest banks has been named in Parliament as being responsible for RBS’s scandal-hit Global Restructuring Group (GRG). Nathan Bostock, who is now head of Santander UK, was named by the Liberal Democrat leader Sir Vince […]

Superjumbo jet future secured by Emirates order

Superjumbo jet future secured by Emirates order

Image copyright PA The Emirates airline has announced an order for up to 36 Airbus A380s. The $16bn (£11.5bn) deal amounts to a reprieve for the A380 after Airbus threatened to stop making the jet if it could not come to a deal with Emirates. Emirates is the only airline to have put the A380 […]

Banks create funds for firms hit by Carillion collapse

Banks create funds for firms hit by Carillion collapse

Image copyright Reuters Three banks have said they will provide money to support small business customers who are struggling after the failure of Carillion. Lloyds is creating a £50m fund, while RBS is offering £75m worth of assistance and HSBC £100m. All were among the banks that stopped backing Carillion after the government refused to […]

How did households budget in 1957?

How did households budget in 1957?

Image caption Expenditure on smoking has plummeted since the 1950s The Office for National Statistics is marking the 60th anniversary of its regular Family Spending Survey by looking at how our habits and commitments have changed. It returns us to 1957 – the year when John Lennon met Paul McCartney. People’s resources were more meagre […]

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