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Asda braced for nightmare before Christmas as it switches IT system at...
ASDA is braced for a nightmare before Christmas as the struggling supermarket switches its IT system at the busiest time of the year.The chain is racing to ditch the tech used by former owner Walmart...
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Labour creating £2.5billion steel industry fund despite failing to save 2,500...
THE Government is creating a £2.5billion steel industry fund and giving £500million in subsidies to the owner of Port Talbot, despite failing to save 2,500 jobs.Business Secretary Jonathan Reynolds...
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John Lewis bosses say turnaround is working as sales start to grow
JOHN LEWIS bosses have declared that the retailer has got its buzz back — but remained schtum on whether staff would have their cherished bonuses restored.The employee-owned retail group yesterday...
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From Oasis to Abba, how to avoid the ticket rip-off and beat the queues
BRITPOP legends Oasis have been making headlines with their reunion tour – but not for all the right reasons.Soaring ticket prices and endless online queues have enraged fans and shone a light into the...
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Water companies’ customers could share £800m in compensation from sewage...
Customers of England’s biggest water companies could share £800million in compensation if a lawsuit which kicks off next week is eventually successful.The class action, the first of its kind, will...
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Top TV chef’s restaurant chain closes last branch after 33 years in business...
THE LAST branch of a celeb chef’s restaurant chain will close after 33 years in business – leaving fans devastated.TV star Simon Rimmer’s last remaining Greens restaurant announced its closure on...
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Amazon orders staff back to the office five days a week – as government...
Amazon is ordering its staff back to the office five days a week, just as the government is pushing for flexible working to be law.The move comes despite Business Secretary Jonathan Reynolds saying...
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Post Office chief quits weeks before he’s set to give evidence in Horizon IT...
POST OFFICE boss Nick Read is stepping down after a torrid five years and just weeks before he gives evidence in the next stage of the Horizon IT inquiry.Damningly, former postmaster Sir Alan Bates,...
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How an internship for young people with learning disabilities can help build...
MOST workplaces claim to be inclusive – but how many offer opportunities for the most vulnerable in society?Next week is National Inclusion Week and a number of firms have launched internships to...
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Business Secretary Jonathan Reynolds denies rift with Angela Rayner over...
BUSINESS Secretary Jonathan Reynolds has denied a rift with Deputy PM Angela Rayner — but said the Government will resist giving firms a set timeframe for workers’ rights over probation. The fudge...
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One of UK’s largest prison-builders collapses into administration – putting...
ONE of the UK’s biggest prison-builders has collapsed into administration.ISG— which has more than £1billion of government contracts — is the largest UK construction firm failure since Carillion went...
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Major dessert chain with 100 locations announces exact date it will close...
A MAJOR dessert chain with 100 locations has announced the exact date it will close the doors on one of its high street branches forever.After eight years in business, Kaspa’s has announced the shock...
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More than HALF of small firms prefer cash to card payments poll shows despite...
MORE than half of small firms prefer cash to card payments, research shows.It comes as millions of us no longer carry any money.GettyMore than half of small firms prefer cash to card paymentS[/caption]...
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British business chiefs urge positive action from Chancellor Rachel Reeves...
CHANCELLOR Rachel Reeves tried to tone down the doom and gloom in her party conference speech in Liverpool yesterday.Last week figures showed consumer confidence had slumped following her warnings of...
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Blow to firms as Government dashes hopes that business rates system will be...
HOPES that the much-loathed business rates system would be totally ditched in new reforms were dashed by the Government yesterday.Exchequer Secretary James Murray confirmed at the Labour conference...
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Thames Water will quickly find buyer if it goes bust, Government believes
THE Government believes it would quickly find a buyer at a knockdown price if Thames Water goes bust.The troubled company warned last week it could run out of cash by December as it scrambles to push...
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Southern Water in talks to import water from Norway — in the event of a...
SOUTHERN WATER is in talks to import water from fjords in Norway — in the event of a severe drought.The shock plan to bring in supplies from more than 1,000 miles away comes just a month after the...
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End of an era as UK’s biggest steelworks and last coal-fired power station...
BRITAIN’S last coal-fired power station was switched off yesterday.Operations ended last night at Ratcliffe-on-Soar, where the plant had generated electricity since 1968.PABritain’s last coal-fired...
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Tycoon Mike Ashley moves to seize luxury brand Mulberry with £83million offer
MULBERRY faces a handbagging from Mike Ashley after the tycoon launched an £83million offer and declared the luxury brand’s “status quo is an untenable position”.Mr Ashley’s Frasers Group, which...
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Wetherspoons is serving £1.79 pints at over 700 pubs in just DAYS – but...
WETHERSPOONS will serve £1.79 pints in over 700 of its pubs next week – but you better be quick.The popular chain announced that a 12-day beer festival will take place across all 809 UK Wetherspoons...
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HMV owner on the hunt for more British high street businesses in welcome...
THE owner of HMV has revealed he is on the hunt for more British high street businesses in a welcome break from the doom and gloom in retail.Doug Putman, who rescued the music store chain from...
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JD Sports profits tumble by two-thirds after Nike’s worst sales slump since...
THE boss of JD Sports yesterday bristled at concerns the retailer was vulnerable to a slowdown in sales at supplier NIKE.JD Sports— known as the King of Trainers — relies heavily on the popularity of...
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Tesco profits up 20% as shoppers move back to premium brands
The boss of Tesco exuded confidence about the economy yesterday as he claimed shoppers were getting back to treating themselves.Chief exec Ken Murphy said consumers were “in good shape” and noted sales...
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Axed TGI Friday’s workers set to miss out on redundancy pay and tips after...
TGI FRIDAY’S rescue deal has left a bad taste — for hundreds of restaurant workers who will miss out on redundancy pay and hard-earned tips.A total of 1,012 jobs have gone after administrators said the...
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Channel 4 reports biggest loss ever and calls for upcoming Budget to restore...
CHANNEL 4 yesterday reported its biggest loss ever — and called for this month’s Budget to restore business confidence.Boss Alex Mahon said: “That’s what advertisers need, that’s what consumers want,...
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Celebrity chef CLOSES seafront restaurant today after just three years as...
A CELEBRITY chef’s seafront restaurant is set to close today after three years of business.Michael Caines has shocked fans after announcing he is selling not just one but two of his popular...
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Tech giant Google faces being taken apart by US government as fears grow over...
GOOGLE faces being taken apart by the US government in what could be a dramatic break-up of one of the world’s biggest tech firms.The Department of Justice has said it is considering asking a judge to...
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Unilever finally pulls out of Russia – two and a half years after Putin’s...
UNILEVER is finally calling quits on selling ice creams to Russia, two and a half years after Putin’s invasion of Ukraine.The FTSE 100 giant has come under pressure for funding the Kremlin’s war by...
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Businessman Mike Ashley launches fresh £111million bid for luxury bag firm...
MIKE Ashley’s Frasers Group last night launched a fresh £111million bid for Mulberry — while fanning doubts about the luxury bag group’s survival chances.The move came hours after it emerged Frasers...
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Global investors pump £63billion into new infrastructure projects after...
GLOBAL investors welcomed the Government’s rallying cry that the UK was “open for business” by pumping £63billion into new infrastructure projects yesterday.Chancellor Rachel Reeves welcomed the...
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Chancellor Rachel Reeves tries to reassure tax-raid stressed entrepreneurs by...
THE Chancellor last night tried to reassure tax-raid stressed entrepreneurs by telling them: “You’ve got a friend in me.”Rachel Reeves turned on the charm at a summit that called for greater investment...
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Inflation dips to lowest level in three years after fall in petrol and diesel...
PETROL and diesel prices falling an average ten per cent have seen inflation dip to the lowest level in three years.Official figures yesterday showed consumer price inflation fell to 1.7 per cent in...
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Water giants want even more cash from hard-pressed customers – by adding £100...
WATER giants want to flush out even more cash from hard-pressed customers by adding another £100 to bills over five years.The biggest suppliers in England and Wales say they need price rises above the...
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Boohoo boss quits ailing fashion firm as it explores a break-up of its brands
THE boss of Boohoo is stepping down as the online retailer explores a break-up of its fashion brands.John Lyttle joined from Primark five years ago when Boohoo was valued at £3billion and one of the...
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Pubs and restaurants face ‘cliff edge’ unless Rachel Reeves axes looming tax...
PUBS and restaurants face a “cliff edge” unless Rachel Reeves axes a looming tax hike, anxious bosses have warned.Some 170 hospitality chiefs – including booze giants like Greene King, Fuller’s and...
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Celebrity-backed health tech firm Zoe launches second round of layoffs in six...
BRITISH health tech firm Zoe, championed by celebrities including Davina McCall, has launched a second round of layoffs in six months.Last year Zoe was deemed one of the fastest-growing firms in the...
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Britain’s biggest ‘buy now, pay later’ firm ‘saves customers nearly half a...
KLARNA, Britain’s biggest “buy now, pay later” firm, says it has saved customers nearly half a billion pounds in interest since its UK launch in 2014.Around 10million — more than a third of households...
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Major fund to boost women in business snubbed by big banks despite Chancellor...
A £250MILLION fund set up to boost women in business and backed by the Chancellor Rachel Reeves has been snubbed by City institutions.Only Barclays, asset manager M&G, bank Morgan Stanley, Visa and...
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Mike Ashley threatens WWE-style smackdown at Boohoo by demanding they make...
MIKE Ashley is threatening a WWE-style smackdown at Boohoo by demanding the retailer makes him chief executive.Just one day after dropping a separate £111million bid for Mulberry, the sportswear tycoon...
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Thames Water thrown £3billion lifeline to stop it running out of cash by...
THE UK’s biggest water company has been thrown a lifeline to stop it running out of cash by Christmas.Troubled Thames Water yesterday said it had secured a loan of up to £3billion.ReutersThames Water...
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Drinks giant makes last-ditch plea for Rachel Reeves to slash alcohol tax in...
DRINKS giant Diageo has made a last-ditch plea for Rachel Reeves to slash alcohol tax in tomorrow’s Budget — or risk 9,000 pubs closing.It has joined other industry leaders in urging the Chancellor to...
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Pre-budget jitters cause cost of government debt to creep higher
PRE-BUDGET jitters have caused the cost of government debt to creep higher.The rise comes despite the Chancellor desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini...
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Firms big and small slam Chancellor Rachel Reeves for saddling them with...
FIRMS big and small have slammed the Chancellor for saddling them with extra costs in her Budget.They say Rachel Reeves’ hike in taxes, despite a vow to be “pro-business”, contradicts her growth...
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Budget has wiped more than £1billion off Britain’s biggest high street names
MORE than £1billion has been wiped off Britain’s biggest high street names as investors digested the Budget’s hit of higher employment costs.The move to hike employers’ National Insurance Contributions...
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Boohoo snub Mike Ashley demands to be CEO and promote insider
BOOHOO yesterday snubbed Mike Ashley’s demands to be installed as CEO and promoted an insider instead.The troubled online fashion retailer named Dan Finley, 41, as its new chief executive “with...
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Ryanair sees profits fall by 18% due to delays to new Boeing aircrafts after...
PROFITS at Ryanair have fallen by almost a fifth as the airline counted the cost of delays to new aircraft.The budget flyer said they were down by 18 per cent in the first six months of the year to...
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Primark boss slams Rachel Reeves’ Budget after it added ‘tens of millions’ to...
THE boss of Primark blasted Chancellor Rachel Reeves’ Budget yesterday — claiming it had added “tens of millions” to staffing costs.George Weston, chief executive of its owner, Associated British...
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I grew up in a council house and now run an almost £1billion business – why...
ENTREPRENEUR Ryan Howsam, who grew up in a council house and now runs a business with a value heading towards £1billion, has slammed Labour’s Budget as an ‘absolute disaster’ for small firms.In an...
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New National Lottery owners look to increase the £49billion already raised...
AlamyMORE than £49billion has been raised for good causes by the National Lottery — and its new owners are setting their sights on raising even more cash.In February, after a lengthy regulatory...
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Shoppers to face food price hike after Budget’s tax raid on employers, warns...
SHOPPERS will face higher food prices after the Budget’s tax raid on employers, the boss of Sainsbury’s has said.Simon Roberts, chief executive of the UK’s second biggest supermarket, said the National...
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