Dixons Carphone posts £440m loss in first half

Image copyright Dixons Carphone Image caption Dixons Carphone employs more than 42,000 people in eight countries Shares in Dixons Carphone have tumbled by 14% after the retailer wrote down the value of its mobile business, Carphone Warehouse. The retailer, which also owns Currys PC World, posted a loss of £440m for the six months to […]

Streets with UK’s slowest and fastest broadband named

Image copyright Getty Images Image caption One in eight homes had download speeds below 5Mbps, according to uSwitch A village street in Bamfurlong, Gloucestershire, has been named as the slowest for broadband internet, according to an annual survey. The study said homes on Greenmeadows Park averaged just 0.14 megabits per second (Mbps). The fastest spot, […]

Grace Millane: Backpacker’s body returned to family

Image copyright Lucie Blackman Trust Image caption The University of Lincoln graduate arrived in New Zealand in mid-November The body of British backpacker Grace Millane has been formally identified and returned to her family. The 22-year-old disappeared in Auckland on 1 December. Police ended their search on Sunday after finding a body on the outskirts […]

The Germans solving rising rents with people power

Image caption The residents of Ligsalz8 believe they have found the answer to the expensive cost of renting in Munich Despairing of rising prices, some Germans are taking matters into their own hands to secure long-term, cheap, and stable rents. Rents in Munich’s trendy Westend district have soared in recent years. The former working-class neighbourhood, […]

Pressure mounting on Theresa May from Tory MPs

Image copyright PA Tory Brexiteers are increasingly confident they have enough support to trigger a no-confidence vote in Theresa May as party leader. If 48 Conservative MPs submit letters to say they no longer support her, a leadership challenge will be launched. There is no confirmation but sources, including a cabinet minister, have said they […]

China to ‘cut US car tariff to 15%’

Image copyright AFP/Getty Image caption US President Donald Trump says he has a good relationship with President Xi Jinping China has reportedly proposed cutting tariffs on US-made cars to 15%, the same tax levied on car imports from other countries. Bloomberg reported that China’s cabinet will review the plans, which would undo the 40% import […]