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Spending a penny is the future of finance — as cash hubs in public loos could...
SPENDING a penny is the future of finance — as cash hubs in public loos are touted to replace bank branches.The news came as MPs on the Treasury Select Committee yesterday grilled the bosses of the...
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Next boss gives promising update for shoppers as profits rise
THE boss of Next says the retailer is in its best position for seven years — and that the signs are also good for British shoppers. Alongside posting a rise in profits, chief executive Lord Wolfson...
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Retail sales boost economy despite wettest February on record amid hopes UK...
The wettest February on record didn’t dampen Brits’ appetite for new spring outfits, as retail sales boosted the UK economy.Analysts predicted a 0.3 per cent drop in high street spending in February —...
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Top boss slams Government’s apprentice levy claiming as ‘too complex’
AO WORLD’S boss has called on the Government to give businesses the power to fix the widely criticised apprenticeship levy — and make it fit for the real world.Business Secretary Kemi Badenoch last...
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Food inflation drops to lowest level in two years – but chocolate hits record...
FOOD price inflation has dropped to its lowest level for two years — but chocolate is at a record high just in time for Easter.Figures from research group Kantar show grocery inflation eased to 4.5 per...
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Bank of England set to kick off cyber ‘stress test’ of UK’s financial system...
THE Bank of England is set to kick off a cyber “stress test” of the UK’s financial system within days.It comes after the Government blamed Chinese hackers for two malicious attacks on the UK electoral...
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UK taxpayers could be hit with huge price rises after Thames Water investors...
TAXPAYERS could be left carrying the can for Thames Water after investors pulled the plug.The UK’s biggest water firm was plunged into a fresh crisis today after investors refused to stump up a...
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Cost of Easter Sunday lunch at home soars by 17 per cent — despite food...
THE cost of an Easter Sunday lunch at home has soared by 17 per cent — despite food inflation easing.Families will pay an average £24.01, up from £20.49 in 2023, despite supermarket promotions.GettyThe...
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Four reasons for Brits to be cheerful as economy seems to be improving
SPRING has sprung and there are four more reasons for Brits to be cheerful — with signs the economic picture is brightening.Figures all spelled out good news for property, prices, industry and the...
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Asda slips from top spot for cheap fuel prices as it rakes in bigger profits
ASDA can no longer claim to be the cheapest fuel retailer — after choosing to rake in bigger profits.The findings by the RAC come days after the competition watchdog said fuel retailers are ripping off...
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Brit drivers put brakes on electric cars — with sales lagging behind the rest...
BRITISH drivers are putting the brakes on electric cars — with sales lagging behind the rest of the car market.Just 15.2 per cent of all motors sold last month were battery powered — the Society of...
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Major homeware brand with 274 locations embarks on cost cutting plans putting...
A MAJOR home improvement brand could be looking at closing stores as it calls in advisors.Carpetright is said to be “exploring cost-saving measures” for the business following a lack of demand....
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House prices fall for first time in six months – but still higher than year ago
HOUSE prices fell in March for the first time in six months, according to Halifax.The lender said they slipped by one per cent compared to the previous month, and a typical home now costs...
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Tesco veteran Jason Tarry named next chairman of John Lewis Partnership
AT last, a retailer is running a retailer was the sigh of relief following news that Jason Tarry has been named the next chairman of John Lewis Partnership.The Tesco veteran replaces Dame Sharon White,...
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Price of gold hits record levels gripping global markets with 14% rise since...
A GOLD rush has gripped global markets — with the price of the precious metal hitting a record yesterday.Its value peaked above $2,365 per ounce, marking a nine per cent rise in the past month and 14...
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Family restaurant chain owner with 54 branches to shut 18 sites as part of...
A FAMILY restaurant chain owner has announced plans to close 18 branches.Tasty, the owner of Wildwood, said it will shutter the sites as part of major restructuring plans.GettyTasty, the owner of...
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Tesco profits soar by 160% to the highest level in over a decade
TESCO profits soared by 160 per cent to the highest level in over a decade.Britain’s biggest retailer said the increase was boosted by a return to sales growth and not just by price hikes.ReutersKen...
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Major high street discount chain SOLD in deal affecting more than 300 stores
A MAJOR high street discount chain has been sold in a deal affecting more than 300 stores.The investment group Fortress has struck a deal with the owner of Poundstretcher.GettyPoundstretcher is set to...
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Greggs shared £200m with staff as ‘thank you’ bonus amid record profits last...
GREGGS has been sharing its dough with staff, handing out more than £200million over the past 50 years.Britain’s biggest bakery chain has split ten per cent of its profits with workers ever since Ian...
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Car finance firms told to set aside enough compensation cash for drivers’...
THE City watchdog has told car finance firms they must make sure they have enough cash put aside to cover drivers’ compensation bills.The warning comes after the regulator launched a crackdown on...
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