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Business Analysis & Features

The impossible price of a house deposit

The initial down payment required by mortgage lenders is proving to be the biggest obstacle for many prospective first-time buyers. Average deposits are up more than sevenfold since 1995. Joanna Bourke reports on the cities where the problem is becoming most acute

Groupon, the $30bn company that didn't match the hype

As the daily coupon pioneer cuts 10 per cent of its workforce and closes its operations in seven countries, Andrew Dewson looks at what went wrong at a group that less than four years staged the biggest flotation in New York since Google 

UK’s mining industry is revived – by Australians

Wolf Minerals is today opening the first new mine in the UK for nearly half a century. Drakelands in Devon will be one of the world’s top five producers of  tungsten – one metal whose price has not sunk because of a supply glut in recent years

Luxury brands plant new flags on UK map

As London Fashion Week opens, high-end retailers from Hugo Boss to Michael Kors to Versus Versace are expanding in Britain – and they’re stepping out of the London comfort zone to target catwalk fans in the regions

What does it take to sell to America?

Primark’s attempt to crack the US retail market begins this week with the opening of its Boston store. But will the British fashion chain prosper Stateside, following in the footsteps of Topshop – or flop like Tesco and M&S?

Pearson turns page on The Economist

After selling the Financial Times, the media group has announced the sale of its stake in the weekly magazine to the Agnelli family and a group of other super-rich families. Simon Neville explains why the deal suits all concerned