London’s Evening Standard has reportedly told staff it will now only go to print once a week, down from the five-days-a-week format the newspaper currently operates. In a memo to …
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Small business lender Funding Circle plans to cut around 120 jobs as part of efforts to reduce costs and boost its flagging share price. It also announced the departure of …
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There’s “real beauty” in being a co-founder compared to the potential “loneliness and isolation” of going it alone, according to one half of the duo behind a multi-million pound coffee …
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Mobico Group, the owner of National Express, could fall off London’s FTSE 250 index after a torrid share price performance over the last 12 months. Mobico shares fell over six …
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Historic pharmacy chain Boots has reported a surge in its pre-tax profit for its latest financial year amid reports its owner is considering a £7bn float in London. The Nottingham-headquartered …
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NHS junior doctors in England will strike over five days from 27 June until 2 July in a long-running dispute over pay, the British Medical Association has announced. Talks had …
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Financial services are planning to pump cash into the UK’s defence sector next year after facing pressure to ramp up investment amid increased geopolitical tensions. …
The City watchdog wrapped up the consultation on its motor finance redress in December but the two-year long scandal threatens to rumble on into the …
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Evergrande: Hong Kong court orders China property developer to liquidate
A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. …
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Superdry restructure could mean store closures and job losses
Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales. Over the weekend, Sky …
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BP faces City pressure to ditch £24bn clean energy investments for shareholders
A leading London activist investor group is pressuring oil giant BP to ditch renewable energy and maintain its fossil fuel operations for shareholders, reports suggest. …
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Manufacturer Chill hits back Sunak plans to ban disposable vapes
Vape and CBD products manufacturer Chill Brands Group has said its existing vape products are excluded from government plans to ban disposable vapes, set to …
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Ukrainian court confirms £98m lawsuit against London-listed Ferrexpo billionaire
The Ukrainian government is pursuing an embezzlement case against a Ukrainian billionaire by suing him through a subsidiary of his London-listed company. Kostyantyn Zhevago, who …
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Iceland boss and former Tory donor Richard Walker switches backing to Labour
The executive chairman of Iceland supermarket has given his backing to Labour, saying the party was the “right choice” for business and voters. Richard Walker, …
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Troubled investment trust D9 confirms ‘managed wind down’ after debt and share woes
Digital 9 Infrastructure (D9) has confirmed it is winding down the company after it bought too many companies and tripped over its large pile of …
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Big companies at risk as nearly a fifth of listed firms issue profit warnings in 2023
Large listed companies came under increasing financial strain over 2023, new figures show, as the burden of higher interest rates weighed heavily on corporate balance …
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Rise of long-term sickness deepens regional inequalities, report finds
The rise in long-term sickness is deepening existing health inequalities and hampering the labour market’s post-pandemic recovery, new research suggests. Rising inactivity due to ill-health …
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London house prices: Best time to buy since 2016, experts say, but it won’t last
House prices in London will become more affordable this year, according to a new report, but the capital has been warned not to “get carried …
