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Costa Coffee's High Street sales fall

Image copyright WHITBREAD Costa Coffee has reported a fall in sales at its cafes as a result of fewer people visiting UK High Streets. Like-for-like sales, which strips recently opened stores, fell 0.1%, in the three months to 30 November. Costa’s owner Whitbread also warned that sales were expected to …

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China's economy grows by 6.9% in 2017

Image copyright AFP/Getty Images Image caption China’s efforts to reduce coal burning in and around Beijing impacted growth in the fourth quarter China’s economy grew by 6.9% in 2017 according to official data – the fastest pace in two years. The figure comfortably beats Beijing’s official growth target of about …

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Nintendo Labo: The DIY cardboard accessory for Switch

Image copyright Nintendo Nintendo has unveiled its latest release, and it’s a little less high-tech than you might expect. Dubbed Labo, it is a series of DIY accessories for the hit Nintendo Switch console which are made of cardboard. A preview video suggests they can transform the Switch’s Joy-Con controllers …

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Homes plan back-firing, say councils

Image copyright Getty Images Image caption The government wants to develop more offices into homes The scheme to tackle the housing crisis by converting offices to homes is back-firing and should be scrapped, local councils say. A change in the law in 2013 allows developers to convert offices to flats …

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Are the days of loyalty cards numbered after Tesco's change?

Image copyright Getty Images Image caption Tesco says the Clubcard change makes it “simpler” for customers As soon as Tesco said it was cutting some of its Clubcard rewards, customers started venting their anger. “Kick people while they’re down,” said one. Another called it a “blow” after saving up the …

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Ukraine's secret

Image copyright Getty Images Image caption More than 10,000 people have been killed in the continuing conflict in east Ukraine As war raged in eastern Ukraine in 2014, Yevhen Vovchuk told his bosses at the IT firm where he worked in Kyiv that he was going on vacation. Some probably …

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Modern day slaves

Image caption Peter now works re-stocking shelves in a Co-op store, having escaped from his captors There are at least 13,000 victims of modern slavery living in Britain’s towns and cities, it is estimated. But many argue that the number is probably much higher. Those who escape or are discovered …

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Taxpayers owe private firms £199bn for PFI deals

Image copyright Barts Health NHS Trust Image caption A £1.1bn revamp of the Royal London Hospital was funded through PFI Taxpayers still owe private contractors £199bn for deals signed under the Private Finance Initiative (PFI), a spending watchdog says. The National Audit Office (NAO) found 716 public projects were active …

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Apple to pay $38bn on foreign cash pile

Image copyright Getty Images Image caption Apple chief executive Tim Cook at the iPhone X launch in November Apple will pay about $38bn in tax on the $250bn cash pile it holds outside the US following recent changes to American tax rules. The sum is expected to be the biggest …

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Goldman posts first quarterly loss in six years

Image copyright Getty Images Image caption Goldman Sachs chief executive Lloyd Blankfein in Washington in 2012 US investment bank Goldman Sachs has posted its first quarterly loss in six years amid continued troubles in its trading business. The firm lost $1.9bn (£1.4bn) in the last three months of 2017, as …

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