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The company planned to use that store as a test model prior to fine-tuning and expanding in that region. In April 2017, they bought a former B&Q store in Folkestone to be the fifth Bunnings store in the UK. [47] On 25 May 2018, after mounting losses, Wesfarmers sold the UK and Ireland Bunnings/Homebase operation to Hilco for a nominal sum of £ ...
The government did not win a single division until 15 October, six weeks after Parliament's first sitting. [124] 3 September 2019: The Government was defeated 328–301 on an emergency debate motion on the European Union (Withdrawal) (No. 6) Bill that would force the government to request an extension to Brexit negotiations. [125] 4 September 2019:
The "bad bank" was Northern Rock (Asset Management) plc, which held and serviced the closed mortgage book. On 1 October 2010, the UK government established of UK Asset Resolution as a holding company to manage and run down the assets of Northern Rock (Asset Management) plc alongside those of Bradford & Bingley.
The business, focused on Bunnings hardware stores, became a national and international brand, with stores across Australia and New Zealand, [4] and until 2018, the UK and Ireland. [1] The state's logging competition, organised by the Australia Day Sports Committee, named the 12in. standing block the Robert Bunning Memorial Cup, after Bunning ...
This is a list of recessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for real GDP. Name Dates Duration Real GDP reduction Causes Other data Great Slump c. 1430 ...
After extensive privatisation of the public sector during the Margaret Thatcher administration, there remain few statutory corporations in the UK. Privatisation began in the late 1970s, and notable privatisations include the Central Electricity Generating Board, British Rail, and more recently Royal Mail.
This is a list of political scandals in the United Kingdom in chronological order. Scandals implicating political figures or governments of the UK , often reported in the mass media , have long had repercussions for their popularity.
This is a list of banking crises. A banking crisis is a financial crisis that affects banking activity. Banking crises include bank runs , which affect single banks; banking panics, which affect many banks; and systemic banking crises, in which a country experiences many defaults and financial institutions and corporations face great ...