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Tuesday newspaper round-up: John Lewis, Rolls-Royce, online retailers

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24/12/2013
John Lewis reports that sales of kitchen appliances have doubled; Rolls-Royce investigated for allegations of bribery and corruption; online retailers expected to be visited 3 billion times this Christmas.

Sales of kitchen appliances have more than doubled in the run up to Christmas, said retailer John Lewis. The department store chain said it is hopeful of a last minute spending rush ahead of the holidays. – The Telegraph.

More than 100 million people are expected to visit retail websites as the world catches up on its last-minute Christmas shopping online. For the first time there are expected to be more than 3 billion visits to internet retailers in December, according to the credit checking group Experian. – The Times

The Serious Fraud Office has launched a formal investigation into allegations of bribery and corruption at engine maker Rolls-Royce that could lead to criminal prosecutions. – The Telegraph

The SFO’s move amounts to a stepping up of its inquiry into Rolls-Royce, which last year disclosed that the law enforcement agency had asked for information about allegations of malpractice in Indonesia and China. – The Financial Times

The cost of renting a property in England and Wales rose twice as fast as weekly earnings in the 11-months to November, amid surging demand for homes. – The Independent

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