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You need more than Nobbies and Stobbies for a motorway grand slam | Letters
I added Preston’s of Potto to the game when Eddie Stobarts and Norbert Dentressangles became commonplace, and it was unusual to see all three on one journey (Letters, 22 December). A grand slam, spotting an Eddie, a Norbert and a Potto between two consecutive motorway junctions, was rare indeed. Peter LowthianMarlow, Buckinghamshire As well as Stobbies and Nobbies to count, there were also Willies (Willi Betz).Terry CarbroSleights, North Yorkshire A great way to keep occupied on long journeys was to keep a look out for the friesian paint scheme of Richard Wiseman Dairy lorries, and be the first to shout “moo”.John IlesHolne, Devon Do you have a photograph you’d like to share with Guardian readers? If so, please click here to upload it
More UK retailers in critical financial distress; fashion brand Quiz needs more funding soon – as it happened
Time to wrap up…After a weak Boxing Day, UK, shoppers are returning to the high street today in greater numbers than last year.New data from MRI Software shows that footfall across all UK retail destinations had risen by +8% as of 12pm, compared to 27th December 2023.That might help the sector, where the number of UK retailers on the brink of collapse has risen by a quarter in the final three months of the year, driven by a combination of rising business costs and weak consumer confidence, according to a report.The proportion of retail businesses classed as being in “critical” financial distress increased by 25% to 2,124 in the fourth quarter compared with the previous three months, the insolvency specialists Begbies Traynor said.The general retail sector is under most pressure, with a 29% quarterly increase in businesses in critical financial distress, rising to 1,457 from 1,127 in the third quarter
Number of UK retailers on brink of collapse soars by 25%
The number of UK retailers on the brink of collapse has risen by a quarter in the final three months of the year, driven by a combination of rising business costs and weak consumer confidence, according to a report.The proportion of retail businesses classed as being in “critical” financial distress increased by 25% to 2,124 in the fourth quarter compared with the previous three months, the insolvency specialists Begbies Traynor said.The general retail sector is under most pressure, with a 29% quarterly increase in businesses in critical financial distress, rising to 1,457 from 1,127 in the third quarter.In the food and drug retail sector there was a 17.2% quarterly increase, with the number of businesses facing collapse rising from 569 in the third quarter to 667 by the end of the 11th week of the final quarter of this year
Nissan shares tumble by most since August amid Honda deal worries
Shares in the Japanese carmaker Nissan have had their biggest fall since August’s stock market sell-off, as investors turned their attention to the company’s planned tie-up with domestic rivals Honda and Mitsubishi.Nissan’s shares fell by as much as 15% on Friday before regaining some losses to close down 7.8%, in a sign of investor volatility.The fall came less than two weeks after its shares soared by 20% on 17 December, after the first reports that Nissan was to begin talks on a potential merger with Honda.Nissan, Honda and Mitsubishi are considering joining forces to better contend with falling sales and competition from Chinese brands
‘It’s not just a dancefloor’: the precipitous decline of UK nightclubs
When the patrons of Watford’s Pryzm nightclub celebrated New Year’s Eve on 31 December 2023, they were marking the end of an era, or rather, the end of seven eras. Like every beloved local club, the venue had been known by multiple names over the years: Top Rank, Bailey’s, Paradise Lost, Kudos, Destiny and Oceana.Now, it will be reincarnated no more, after failing to reach a deal with its landlord.One TikTok user posted a video of herself sketching an intricate iPad picture in tribute to the venue, where she had met her boyfriend. She signed it with an “RIP” and a broken heart emoji
London-listed miner pauses Mozambique operation amid political unrest
The London-listed mining company Gemfields said it had temporarily halted its ruby mining operation in Mozambique after groups “took advantage” of political unrest to set fire and attempt to invade its site, resulting in two deaths.Gemfields, one of the world’s largest miners of coloured gemstones, said more than 200 people associated with illegal ruby mining attempted to invade the residential village built by the company next to its Montepuez Ruby Mining (MRM) operation in northern Mozambique on Christmas Eve.The company, which is incorporated in Guernsey and listed on the London and Johannesburg stock exchanges, said the groups were trying to take advantage of the widespread civil unrest after the controversial and disputed national election.Gemfields said on Friday that looters set fire to community buildings built by MRM and that security forces, made up of the Mozambican police and the military, protected the residential village in a “staged escalation of force” that resulted in two individuals being shot and killed.On the same day, a vocational training centre built by MRM, and operated by Mozambique’s Institute for Vocational Training and Labor Studies, in the nearby village of Wikupuri was looted and damaged
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