Uniq serves up better results

Troubled food group Uniq says its recovery is gathering momentum after it slashed losses by a third.

Troubled food group Uniq says its recovery is gathering momentum after it slashed losses by a third.

The Buckinghamshire firm said losses from continuing operations for the first half of the year had been cut from £12.2m to £8.4m.

Sales rise, but retailer cautious

THE owner of Argos and Homebase said it was cautious about the short-term outlook for consumer spending.

Home Retail Group said sales were up 8% to £2.82bn in the six months to September 30, despite "challenging conditions in some of our markets".

Media moguls square up

ITV yesterday rejected a merger proposal from cable company NTL, days after BSkyB took a stake in the broadcaster.

The move by BSkyB put Rupert Murdoch at loggerheads with Sir Richard Branson, NTL's largest shareholder, as the battle for control of ITV heated up.

Old family pubs make fine blend

TWO of the UK's last few family-owned pub businesses have joined together for a takeover deal worth £100m.

WH Brakspear, of Henley in Oxfordshire, founded in 1779, is to be bought by JT Davies, although it will be the famous Brakspear name that will be used to front the combined estate of more than 150 pubs.

All that glisters is good for Signet

H SAMUEL owner Signet said it had more than halved its UK losses, thanks to a boost in sales on the high street.

The jeweller enjoyed a 3% rise in like-for-like sales in the UK during the three months to October 28, helping cut operating losses at the division to £1.1m, compared with £2.5m during the same period last year.

Cheated staff recover £3m

MORE than £3m has been recovered in the past year for workers paid below the minimum wage.

Calls to a government helpline increased by 10% to 61,000, leading to more than 25,000 workers receiving unpaid wages.

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