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U.K. markets news

Most KFCs in UK remain closed because of chicken shortage
The closures have led to complaints and ridicule from KFC customers. Photograph: Dominic Lipinski/PA. The fast food chain KFC has been forced to temporarily close most of its UK outlets after problems with a new delivery contract led to a chicken ...
KFC forced to shut some outlets due to chicken shortage  STV News
KFC chicken shortage: Colonel runs out of chicken throughout UK... here are ...  Evening Standard  
300 jobs axed as Russell Hume goes into administration
Russell Hume supply meat to carehomes and schools as well as large pub chains. Credit: ITV News. Almost 300 staff have been axed at Russell Hume after the meat supplier collapsed into administration.
Russell Hume goes into administration  The Grocer
Troubled meat supplier falls into administration  BBC News
UK millennials second worst-hit financially in developed world, says study
Only in Greece are millennials worse off than those in the UK. Photograph: Westend61/Getty Images. Britain's millennial generation, born since 1981, have suffered a bigger reversal in financial fortunes than their counterparts in most other developed ...
UK millennials suffer worst falls in incomes of any nationality apart from ...  The Independent
UK millennials fall behind on living standards  Financial Times
Average UK asking prices rise above �300000 again after two-month dip
Property asking prices in the UK jumped by more than �2,000 in February, pushing average prices over the �300,000 mark for the first time since November.
London property market moves out of boom phase, says Rightmove  The Independent
Average asking price for a property jumps by more than �2400 in a month ...  This is Money
When does the paper �10 note stop being legal tender? All you need to know
From March 1 the paper tenner will cease to be legal tender, replaced completely by the polymer version. What happens after March 1? Once the deadline passes you won't be able to spend your notes in shops or restaurants.
Less than two weeks before old �10 no longer accepted - here's all you ...  Echo
Old �10 Note Cut-Off Date Is Fast Approaching - Here's What You Need To ...  HuffPost UK
Virgin to build super-fast Hyperloop shuttle between Pune and Mumbai as India ...
Sir Richard's futuristic tube shuttle project, capable of travelling at speeds of 240mph, will deliver passengers from Pune's city centre to Navi Mumbai International Airport in 25 minutes, shaving three hours from the current journey time and ...
Richard Branson's Virgin Hyperloop Has Plans to Turn This 3 Hour Airport ...  Fortune
India could be the first country to get Hyperloop One, Mumbai-Pune travel ...  Business Today
Jamie Oliver Restaurant Group saw �1.6m business rates hike
The Jamie Oliver Restaurant Group saw a 28% hike in its business rates over the last year, according to analysis from Colliers International.
Jamie Oliver's troubled Barbecoa steakhouses up for sale  London Loves Business
Barbecoa restaurants in talks over sale as UK restaurants continue to suffer  The Investment Observer
McColl's shares sink 11% as P&H collapse knocks sales
Convenience store chain McColl's suffered its biggest share price drop ever on Monday, after the company revealed that the collapse of one of its major suppliers had seriously disrupted its sales.
McColl's suffers from Palmer & Harvey insolvency fallout  The Independent
McColl's shares fall as stores continue to suffer from Palmer & ...  Belfast Telegraph
MPs demand pension assurances from Sir Philip Green amid Arcadia sale reports
Frank Field wants a commitment to pay down the pension deficit if Arcadia Group is sold. Sir Philip Green (left) and Labour MP Frank Field (PA).
Sir Philip Green in the firing line over sale of his retail empire to ...  Evening Standard
An Expensive End to 50 Years in Retail  Bloomberg
Plans drawn up for world's tallest wooden skyscraper
A Japanese company is planning to build the world's tallest wooden skyscraper, to mark its 350th anniversary in 2041. Sumitomo Forestry said 10% of the 70-storey W350 tower would be steel, combined with about 180,000 cubic metres of indigenous wood ...
Ambitious plan hatched for supertall wooden skyscraper in Tokyo  New Atlas
Japan plans to take timber high-rise construction to new heights  GCR