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John Lewis blames taxes for half-year loss - and issues recruitment warning
By City AM
John Lewis reported a 33million half-year pre-tax loss on Friday, but said it was 'well-positioned' to deliver full-year profit growth
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Starling Bank in talks with Morgan Stanley over secondary share sale
By City AM
The digital lender could sell shares to new investors, in a sale that could potentially raise the firm's valuation to between 3.5bn and 4bn
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Mike Ashley-backed Hugo Boss sees profit tumble
By City AM
The 海角视频 arm of Hugo Boss has reported a second consecutive decline in pre-tax profit and its turnover fell from 391.6m to 377m in 2024
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Clearbank to power up its embedded banking services
By City AM
The challenger bank is looking to expand its API payments tech to corporate clients
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Strongbow and Jagermeister ads banned for promoting irresponsible drinking
By City AM
The ads have been ruled to have breached the 海角视频's advertising code
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Hammerson announces new chief executive
property news
Rob Wilkinson will join the listed group at the end of this year
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MasterChef producer's huge losses continue as details of Gregg Wallace scandal emerge
By City AM
Banijay's 海角视频 division has been in the spotlight of late following the sackling of MasterChef presenter Gregg Wallace following an external investigation
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Workers ditch London for north amid city job cuts and rising living costs
By City AM
The latest jobs report from KPMG and the REC showed demand for workers in the capital has "continued to deteriorate" with both permanent placements and temp billings slumping further
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M&S urges new Labour government to scrap 'family farm tax'
By City AM
Marks & Spencer has urged the Labour government to scrap the "family farm tax" after protests against the decision to end the decades-old inheritance tax relief for farmers
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London Stock Exchange chief urges 海角视频 to fix 'underinvestment' for growth
By City AM
'We have underinvested ourselves as a nation'
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Bank of England 'under pressure' to rethink bond sales after this week's market rout
By City AM
The Bank of England should slow its quantitative tightening programme and stop active sales of long-dated bonds entirely in the wake of this week's bond rout that saw the cost of long-term borrowing soar to its highest level this century, a group of top economists has said.
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Uber warns of threat to 海角视频 profitability despite record breaking 1bn surge in sales
By City AM
The giant ride-hailing and food delivery company said it may need to 'increase revenue substantially to achieve profitability' in the 海角视频
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Currys reports robust sales growth and launches 拢50m share buyback amid strong performance
By City AM
The electricals retailer said it was on track to beat its 2.5m target for iD Mobile subscribers before the year-end
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Lloyds Bank to review performance of 60,000 staff as 3,000 jobs at risk
By City AM
Lloyds is set to review its approach to performance management with the bottom 3,000 of the firm's 63,000 employees at risk of losing their role
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London's gold market set for major shake-up as digital bullion to be trialled
By City AM
The World Gold Council is set to launch a digital form of the precious metal, in a move that would transform the capital's $900bn (拢672bn) market
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Thames Water 拢20.5bn rescue plan unveiled by creditor consortium
By City AM
The consortium of 15 investors, known as the London & Valley Water consortium, has set out plans for how a 20.5bn investment would 'fix the foundations' of the 海角视频's biggest water supplier
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Zoe Hamburger moves on from McDonald's 海角视频 & Ireland after 18 months to take key European role at restaurant group
By City AM
Zoe Hamburger is becoming managing director of McDonald鈥檚 Netherlands
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Heathrow rival bids to win third runway contract - with help from 'world's best airport'
By City AM
The man behind a rival bid to operate Heathrow Airport has secured the backing of the world's number one airport as he bids to win the contract to build the hub's third runway
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Zopa Bank takes over Rvvup as digital bank expands payments grip
By City AM
Zopa Bank has doubled its pre-tax profit in the 2024 financial year to 34.2 million
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InPost sees huge 海角视频 parcel volumes and revenue surge after Yodel takeover
By City AM
InPost has reported a huge boost to 海角视频 parcel volumes and revenue after its takeover of competitor Yodel earlier this year
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Sainsbury鈥檚 to use facial recognition technology in shops
Retail & High Street
The supermarket said the move is part of efforts to identify shoplifters and curb a sharp increase in retail crime
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Spotify 海角视频 boosts job creation following significant workforce reductions
By City AM
The division of the Swedish audio streaming giant cut its workforce from 1,039 employees during its latest financial year, according to new accounts filed with Companies House.
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Corona brewer's 海角视频 arm has lost almost 拢200m since last profit
By City AM
AB InBev's 海角视频 arm has reported a pre-tax loss of 拢20.9m for its latest financial year, down significantly from the 拢72.1m it posted for 2023, but it has still lost almost 拢200m since it last made a profit
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Cazoo owner makes first profit since 2019 after rescuing collapsed brand
By City AM
Motors.co.uk, which is owned by Gumtree, acquired the Cazoo brand for 拢5m in June 2024
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