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    UK firms eye AI spending in 2026, but skills gap threatens rollout

    Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection

    Private equity firms sell assets to themselves at a record rate in 2025

    Higher-for-longer London rents and bumped-up property prices leaves Foxtons optimistic for 2024

    adminJanuary 25, 20240719 views

    Estate agents Foxtons has said rent hikes and demand for tenants to get on the property ladder helped drive its revenue to £147m for the full year.  In an update…

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    GSK spin-off Haleon offloads Chapstick brand for £400m to ‘simplify’ business

    adminJanuary 25, 20240851 views

    Consumer healthcare company Haleon has agreed to sell its Chapstick lip balm brand to Yellow Wood Partners in a deal worth $510m (£401m) as part of efforts to “simplify” its…

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    Dr Martens given a kicking but maintains downgraded guidance

    adminJanuary 25, 20240725 views

    Dr Martens has held its full year guidance after third quarter revenues were kicked down by a fifth, blaming weak demand for its leather boots in the US.  The British…

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    Tesla forecasts ‘notably lower’ EV sales as Musk-run firm warns on China threat

    adminJanuary 25, 20240726 views

    Tesla said it expects electric vehicle (EV) sales growth to come in “notably lower” this year despite its aggressive cost cutting strategy, amid a slowdown in demand. Elon Musk’s outfit…

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    Rio Tinto chief ‘numb’ as mining giant confirms four among plane crash dead

    adminJanuary 25, 202401.5K views

    London-listed mining giant Rio Tinto has confirmed a number of its workers were on board a plane which crashed, killing six in total. The company issued a statement this morning…

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