Founder and chairman Tim Martin told investors: “Profits for the year are likely to be below market expectations, with marginally lower sales than anticipated in the final quarter, combined with…
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UK hotspots for consistent growth in home values revealed by property website
by News Roomby News RoomSome local housing markets have been less exposed to the affordability pressures from higher mortgage rates, Zoopla said.
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More than half of men and a third of women have collections on the go – survey
by News Roomby News RoomBooks, jewellery, watches and vinyl records were among the items that people said they collected, NFU Mutual said.
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Ocado rebounds after striking deal to build new robotic warehouse
by News Roomby News RoomIt did not name the retailer but said the automated warehouse site is due to go live in the 2028 financial year.
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Inflation set to have cooled in June ahead of household energy squeeze
by News Roomby News RoomMost economists think a sharp drop in petrol and diesel prices will have helped pull the CPI inflation rate down to 2.7% in June, from 2.8% in May.
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Defence shares climb on investment hopes after new Chancellor named
by News Roomby News RoomLast month, Mr Healey resigned as defence secretary from Sir Keir Starmer’s government after accusing the former prime minister and chancellor, Rachel Reeves, of putting the country’s security at risk,…
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Energy VAT cut ‘does not address scale of what households are facing’
by News Roomby News RoomRichard Neudegg, director of regulation at Uswitch.com, said: “Removing 5% VAT on electricity bills from October 1 will be warmly welcomed by households as they head into the colder months,…
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David Lammy, Rachel Reeves and Steve Reed were among the first high-profile Cabinet ministers to be shown the door by Mr Burnham.
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Government-owned British Business Bank triples annual profit as valuations rise
by News Roomby News RoomThe UK’s economic development bank said the increase in profitability points to its ability to generate returns for UK taxpayers.
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Borrowing costs jump to two-month high as Healey named as Chancellor
by News Roomby News RoomThe yield on 10-year Government bonds, called gilts, moved eight basis points higher to 5.049% at the end of London trading.