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One of London’s oldest free churches mulls plan for hotel
One of the oldest free churches in the City might be turned into a hotel after its leaders are inviting builders to redevelop the building. The nonconformist temple on Holborn Viaduct is believed to have been founded by the preacher Thomas Goodwin in 1640.
Amazon takes tax battle to Supreme Court
Amazon boss Jeff Bezos is taking the company’s taxation battle to the US Supreme Court. Amazon, the world’s largest online retailer, says that its customers shouldn’t be paying sales tax in New York because the Seattle company doesn’t have big physical operations like warehouses in the state. Amazon has appointed renowned lawyer Ted Olsen for the case, who is a former U.S. solicitor general and took part in the Bush v. Gore battle following the 2000 elections.
Sainsbury’s sales, British retail sales and jobs up, Tesco sales down
Tesco sales fell by 0.1% in the four weeks to August 18, compared with a 4.3% rise for Sainsbury’s. Tesco’s fall has been attributed to non-food items such as electricals being bought online. Chief executive Philip Clarke is revamping the retailer’s product range to attract customers.
The news comes as British retail sales are at their highest reading since November this month jumping to +27 compared to economists’ forecasts for a rise to +19. Also, the reported employment balance improved to its highest level since May 2002 in August.
Jammie Dodger maker Burton’s up for sale
Burton’s Biscuit Company, the maker of Jammie Dodgers and Maryland chocolate chip cookies, is up for sale for £350m. The company employs more than 2,000 people in the UK across manufacturing sites in South Wales, Edinburgh and Blackpool.
Nintendo cuts console prices to compete with Microsoft and Sony
In a bid to compete with upcoming releases of Sony and Microsoft consoles, Nintendo has slashed prices of its Wii U video-game system. The price of the Wii U deluxe set will go down from $349.99 to $299.99 starting 20 September.