Matthew Denton

Finance

The Finance Roundup

UK borrowing falls to lowest level in 11 years It is good news for the UK economy. Government borrowing has fallen by £3.5bn in the past year, making last year the lowest year of borrowing for 11 years. It means that the budget deficit is being reduced at a faster rate than expected. Public debt,…

Finance

The Finance Roundup

Tesco continues profits turnaround New Tesco boss, Dave Lewis, has overseen the revival of the popular supermarket chain’s profits over the past two years. Previously having suffered blows from an accounting scandal, the retailer managed to make pre-tax profits of £1.3bn last year. Shares have risen by around six percent, meaning the company is now…

Finance

KFC’s flip-flop on suppliers

It’s been a nightmare few weeks for the popular chicken fast food restaurant KFC. After switching suppliers for their chicken, from Bidvest to DHL, there were complications at one of the warehouses they use to store their chicken. Mass queues of lorries, full of chicken, formed at the warehouse, which is located near Rugby. The…

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