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The Business Matrix: Saturday 20 April 2013
Levi's wins 'red tab' trademark case
Levi Strauss has won the right to stop rivals aping its famous "red tab" marking on jeans. Levi's took legal action against the Swiss company Colloseum Holdings after it began selling jeans with a similar rectangular red tab on the back pocket . The US company argued that consumers would assume such jeans were Levi's.
Thumbs down for Budget measures
The Treasury Select Committee has blasted George Osborne's plan to fire up the housing market by helping first-time buyers through equity injections and mortgage guarantees. In its report on the March Budget the committee says the Help to Buy scheme may have "a number of unintended consequences".
Santander admits fine-print mistake
Santander UK is writing to more than a quarter of a million mortgage borrowers, saying they could be due compensation because it failed to make clear the terms on which it changed the cap on its standard variable rate in December 2008.
Filofax hanging on with new owner
Filofax, the maker of the leather and paper personal organisers, is about to be sold. Currently owned by the private equity firm Phoenix, Filofax has faced brutal competition from electronic devices since its 1980s heyday, but still posted profits of £3m in 2011.
- 1 King Salman: Just five days in, Saudi Arabia's new king has already overseen a beheading
- 2 The BBC has just done more to eradicate ‘terrorism’ than all our wars since 9/11
- 3 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 4 Presidential optical illusion offers clues to how brain processes faces
- 5 Grumpy Roald Dahl letter warning student to 'eschew beastly adjectives' rediscovered after 35 years