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Vanquis shares could finally be about to turn a corner, according to one group of City analysts. The shares peaked at more than 2,600p in 2015, and have since fallen by more than 96 per cent as Vanquis has endured soaring complaints and regulatory backlash thanks to its sub-prime lending and payday loan market exposure.…
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Despite a cooling labour market, the number of UK employers voluntarily paying the higher Living Wage rose 19% to 16,040, according to the Living Wage Foundation. Read more: Living Wage employers rise 19% as more businesses commit to higher pay
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After a turbulent year for UK–Canada trade talks, diplomatic frost and global tariff uncertainty are raising new questions about what comes next.
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Italian energy group Eni has announced that it has entered exclusive negotiations with Ares Management Corporation’s alternative credit arm over the potential sale of a 20% stake in its low-carbon energy subsidiary, Plenitude. The proposed transaction would value Plenitude’s equity between €9.8 billion and €10.2 billion (£8.4–£8.8 billion), corresponding to an enterprise value exceeding €12…
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The UK economy expanded by 0.6% in the first quarter of 2025, exceeding forecasts and marking the strongest quarterly growth since early 2022.
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Marks & Spencer has confirmed a cyberattack that compromised customer data, underscoring the pressing need for robust cybersecurity measures in the retail sector.
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US-based fusion energy start-up Realta Fusion has secured $36 million in Series A funding to accelerate the commercial development of its modular magnetic mirror fusion technology. The funds will be used to advance experimental research, scale up development, and lay the groundwork for a prototype fusion reactor, which the company aims to have operational by…
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Rugby league team Salford City Reds was hit with formal legal action by HMRC over unpaid bills
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Burberry plans to cut nearly 18% of its global workforce, with 1,700 jobs at risk, as part of a £100m cost-saving drive following a £66m loss and falling sales in China. Read more: Burberry to cut 1,700 jobs in global savings drive amid luxury slowdown
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Treasury officials met with Monzo, Revolut, and other fintech leaders to encourage London listings and enhance consumer access to innovative financial services.