Persimmon: Customer-service initiative hits sales

Persimmon: Customer-service initiative hits sales

Persimmon PLC (PSN.LN) said Wednesday that its weekly private sales rate in the year to date fell by 5% as a result of actions taken to improve service to customers. The homebuilder said it was advancing house construction to a greater extent before …
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Brexit stockpiling boost to UK factories fades, exports sag – PMI survey

LONDON (Reuters) – The boost to British factories from record rates of pre-Brexit stockpiling slowed in April and exports fell at one of their fastest rates in the past five years, an industry survey showed on Wednesday. FILE PHOTO: An employee operates a …
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Sainsbury's to invest and cut prices after Asda dream dies

LONDON (Reuters) – Sainsbury’s boss Mike Coupe vowed to cut prices and invest in its stores and online business to steer Britain’s second biggest supermarket back to sales growth after the humiliation of his failed takeover of rival Asda. FILE PHOTO: …
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'Clunky': ANZ's loan approval mess

ANZ has botched the application of tighter lending rules demanded by regulators and the royal commission has led to a plunge in profits in its retail bank. The profit plunge has also triggered questions about whether it has cut costs too aggressively to maintain …
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Apple Trade-Ins and Discounts Spark iPhone Revival

Apple Inc. executives had a clear message for investors on Tuesday: Demand for iPhones has begun to recover from a bruising holiday period.
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