Business

Butlers in the Buff wins trademark case

[ad_1] Image copyright Butlers in the buff Image caption Butlers in the Buff was set up in 2001 and now operates in the UK, USA, Canada and Australia A company providing semi-naked men to serve drinks and food at parties has successfully stopped another firm using its trademark.Bristol-based Butlers in the Buff (BITB) settled out of court with a company based in Newquay, Cornwall, which offers similar services.Bufflers Entertainment has
Business

Property repossessions ‘lowest since 1980’

[ad_1] Image copyright Getty Images The number of homes repossessed in the UK fell to its lowest level since 1980 last year, industry figures show.There were 4,580 homes repossessed by mortgage lenders from owners who were unable to keep up with repayments on their home loans.Low mortgage rates and a less aggressive attitude from lenders has meant low levels of repossession in recent years.Mortgage arrears among homeowners have also been
Business

Patisserie Valerie’s managers rescue chain

[ad_1] Image copyright Reuters Patisserie Valerie is being bought out of administration, saving nearly 2,000 jobs.The chain's management has secured backing from private equity fund Causeway Capital for a buy-out.The deal does not include 27 outlets belonging to sister brands Philpotts and Baker & Spice.Patisserie Valerie, which was chaired by businessman Luke Johnson, collapsed following the discovery of fraudulent activity in its accounts.Causeway Capital's Matt Scaife said on Thursday: "Patisserie
Business

German economy narrowly avoids recession

[ad_1] Image copyright Getty Images Germany's economy just about avoided falling into recession during the final three months of last year.Europe's largest economy registered zero growth during the fourth quarter of 2018, the country's Federal Statistics Office said.That means it avoided two consecutive quarters of contraction, which is the usual definition of a recession.A weak trade performance dragged on the economy, and consumer spending remained subdued.The zero growth recorded in
Business

Why did the Airbus A380 fail?

[ad_1] Image copyright Getty Images Image caption The A380 is the world's largest passenger aircraft When Singapore Airlines took the A380 superjumbo for its first commercial flight in 2007, there was widespread applause that the future of air travel had arrived.But the Airbus programme, long-delayed and over-budget, never really shook off predictions that it would be a white elephant of the skies.So why did the world's largest passenger aircraft, described
Business

Brexit: What trade deals has the UK done so far?

[ad_1] Image copyright Getty Images Image caption The UK-Swiss agreement signed in Bern on 11 February also applies to neighbouring Liechtenstein As a European Union member, the UK is automatically part of about 40 trade agreements which the EU has with more than 70 countries. If the UK leaves the EU without a deal on 29 March, it would lose these trade deals immediately. To avoid this, Theresa May's government
Business

The fashion models struggling with a life of debt

[ad_1] Image copyright Getty Images Image caption Hundreds of models travel to the major fashion weeks in the hope of work As fashion weeks follow hot on each other's heels in New York, London, Milan and Paris, hundreds of models are travelling to the four fashion capitals in the hope of getting work.But many will go home financially worse off than when they arrived.Anna (not her real name) has worked
Business

Forget love: This is how to find your perfect partner

[ad_1] Image copyright Getty Images What's the best way to find the husband or wife of your dreams?Think what society tells us about finding the perfect life partner: it's all about love; follow your instincts; it's down to fate.Now consider what would happen if you followed similar advice in your job, or even trying to run a company. Imagine telling investors you hadn't done any market research, had no long-term
Business

Morrisons faces women’s equal pay action

[ad_1] Image copyright PA Supermarket giant Morrisons is facing legal action by women who work in its stores and warehouses.The women, both current and former employees, say they are not paid the same as male workers who are doing comparable jobs.Lawyers say that if the legal challenge is successful, thousands of women could receive back pay averaging £15,000.But Morrisons said it believed the number of claimants was far smaller and
Business

Name checks on payments face delay

[ad_1] Image copyright Getty Images A system making a recipient's name as important as the bank account number and sort code when payments are made could be delayed by up to 18 months.The Confirmation of Payee system means anyone making a payment will be alerted if the name does not match the account.It is designed to prevent millions of pounds worth of fraud and regulators wanted it to start in