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Thames Water eyes steep bill hike amid funding woes
Water firm aims to ramp up spending to £21.7bn, triggering potential customer backlash.
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Grocery app Getir to leave the UK
Troubled grocery app Getir prepares potential UK exit, 1,500 jobs at risk.
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UK’s major banks expect lower profits despite record interest rates
UK's banks anticipate lower profits despite record interest rates; competition and rate cuts impact margins.
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British retail sales stagnate in March despite easing inflation
March sees British retail sales stall amid easing inflation, prompting concerns over sustained economic rebound despite sporadic sector optimism.
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UK inflation cools further, but remains above target
UK price pressures eased last month, though inflation stayed elevated above the 2% goal.
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ScottishPower to compensate customers overcharged on direct debits
ScottishPower to compensate 1,699 direct debit customers overcharged due to a billing error.
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Superdry plots rent slashing lifeline
Struggling fashion retailer sets sights on steep rent cuts across UK stores in bid to survive.
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Tesla to axe 15,000 jobs in global workforce reduction
Tesla is cutting 15,000 jobs (10% of workforce) to reduce costs and boost productivity in response to weak demand and rising competition.
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Standard Chartered invests in ethical fintech Algbra
Standard Chartered invests in ethical fintech Algbra, teaming up for a sustainable banking platform.
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Sweet Success: Ferrero UK sales smash through £500m mark
Ferrero UK enjoys surging sales, surpassing £500m for the first time. Increased sales volumes and strategic cost management contributed to the positive results.
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US partner frontrunner to take over Ted Baker UK arm
Ted Baker Seeks US Savior. US firm eyes takeover as UK fashion brand faces collapse.
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More woes for the LSE as biotech firm ditches AIM for NASDAQ
London Stock Exchange struggles to retain companies as e-therapeutics opts for US markets in search of better funding.
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Will Shell be next? Oil giant evaluates listing options after former CEO highlights US advantages
Is London losing its grip? Shell, the UK's biggest listed company, considers US markets for a better valuation.
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Aviva finalises largest acquisition under CEO Blanc
Aviva Plc completes £453 million purchase of AIG's UK life insurance business.
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Axe falls at Ted Baker: 15 stores to shut, 245 jobs will be lost
Ted Baker faces a major shakeup with 15 store closures and nearly 250 job losses across the UK.
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Microsoft to open AI hub in London, led by DeepMind cofounder
Tech giant to focus on AI product development and research in new London hub.