B&Q owner Kingfisher has said it will return £130m in business rates relief it has received from the government during the Covid pandemic. It is the latest retailer to announce it will hand back the tax break, taking total promised repayments to more than £2bn.
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Norway’s biggest bank has been warned that it may be fined 400 million kroner ($45 million) for failing to comply with anti-money laundering rules. Norway’s Financial Supervisory Authority criticized DNB ASA’s inadequate compliance with the Norwegian …
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Dec 7 (Reuters) – E-commerce firm The Hut Group raised its annual revenue forecast for the second time in less than two months on Monday, as it benefited from strong demand during the Black Friday and Cyber Week shopping period. The company, which …
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Toyota will not invest in building battery electric cars in Britain until at least the mid-2030s, dealing a blow to hopes that UK car factories will take a leading role in the move away from fossil fuels. Johan van Zyl, the chief executive of Toyota Motor Europe, said …
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U.K. house prices surged the most since 2016 last month as realtors remained open for business while much of the rest of the economy entered a second coronavirus lockdown. Home prices rose 7.6% in November from a year earlier, mortgage lender Halifax …
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