KFC to create 7,000 new jobs

KFC has unveiled plans to invest nearly £1.5bn into its UK and Ireland chain and create 7,000 new jobs, as it said demand for fried chicken is stronger than ever.

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The company said it wants to open another 500 restaurants over the next decade. It is set to spend about £466m on opening new restaurants, with a focus on building flagship sites and drive-thrus in places such as Ireland and the North West of England, where it can tap into growing demand.

The cash will also go toward upgrading more than 200 existing restaurants, representing about a fifth of its entire chain, with a new design and the latest digital features. KFC says it is offering up to a £20,000 “finder’s fee” to landlords and property experts who introduce a site it can build on.

Tesla’s monthly sales in Europe plunge by half

Tesla sales across Europe fell by half last month, even as growth in the electric car market picked up pace, according to data released yesterday. The numbers are the latest indication of how much the Tesla brand is suffering because of the backlash against billionaire CEO Elon Musk over his far-right views.