The update sent shares in the London-listed company up by about 8% on Tuesday.
Business
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Business
FTSE 100 Live 17 February: Jobs market weakness fuels rate cut bets, pound falls
by News Roomby News RoomWeak labour market figures today fuelled expectations of another Bank of England interest rate cut.
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Business
Topshop returns to high streets across UK in John Lewis partnership
by News Roomby News RoomThe fashion brand, which closed its final standalone high street stores in 2021, will appear in all of John Lewis’s 32 department stores on Tuesday.
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Business
Jobcentre on Wheels to arrive in six areas as part of employment support drive
by News Roomby News RoomWork and Pensions Secretary Pat McFadden said the Jobcentre on Wheels was designed around ‘meeting people where they are’.
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Business
Lecturers at two Scottish universities back walk-outs in rows over cuts
by News Roomby News RoomMembers of the University and College Union (UCU) at both Heriot-Watt University and the University of Aberdeen voted in favour of strike action.
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Defence stocks were higher after Prime Minister Sir Keir Starmer said Britain must ‘go faster’ on defence spending.
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Business
Royal Mail warns over service delays amid storms and staff sickness
by News Roomby News RoomIt comes as the postal firm faces complaints of delayed mail and parcels being prioritised over letters.
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Business
US owners Carlyle back £150m refinancing at debt-laden retailer Very
by News Roomby News RoomIt was part of a wider deal which saw the retail business extend some of its loans.
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There’s a new business model in town — now devoted followers are participating directly with their heroes, writes Chris Blackhurst
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Business
Everyday’s a ‘battle’ for sales, says 142-year-old firm betting on TikTok Shop
by News Roomby News RoomChief executive Jonathan Myers said PZ Cussons has to ‘battle every day to win every purchase’.