Domino's Pizza profits boosted by mobile app

The company also says its franchisees were helped by a "record low cheese price, favourable wheat price and a fall in fuel costs".

Pre-tax profits were £73.16m, up from £62.1m in 2014.

E-commerce sales now account for 77.7% of all UK deliveries and 48.6% of online sales are made using its app. 

Domino's says online orders in the UK rose by nearly 29% last year and app-based orders shot up by more than 41%, with 11.5 million people now having downloaded the app in total.

"The thing that customers want more than anything else is convenience and that means food that's delivered to their home," chief executive David Wild told the BBC.

UK House prices to rise 50% in 10 years, say estate agents

They forecast that average prices will rise from £280,000 to £419,000 by 2025.

London house prices are forecast to nearly double to £931,000.

The average cost of renting a home in the UK is forecast to rise too, though by only 27%, taking the average rent from £134 a week to £171.

 

Mark Hayward of the National Association of Estate Agents (NAEA) said: "House prices are only going to go one way, and unfortunately that is up.

"For so many already priced out of the market

Truworths to acquire UK footwear retailer

TRUWORTHS is acquiring the Office Retail Group, a fashion footwear retailer in the UK, for £256m.
Truworths said on Monday the transaction would mark the entry of the company into northern hemisphere markets.

 
"Office is a highly attractive business with strong prospects

AB InBev makes higher offer for SABMiller

Anheuser-Busch InBev has increased its offer for rival brewer SABMiller to £43.50 a share.

The £67bn ($108bn) is 3.2% higher than the previous bid and 14% higher than its initial offer last month.

It is the third time that InBev has made a higher bid for the company, with previous offers at £38, £40 and £42.15 per share.

Shares in SABMiller rose 0.7% to £36.93 in London following