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Hays slashes profit forecast amid tough º£½ÇÊÓƵ recruitment market, shares plunge 13%
By City AM
The FTSE 250-listed group warned trading conditions were 'challenging'
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Premier Inn owner Whitbread sees º£½ÇÊÓƵ sales fall amid shake-up of pub business
By City AM
The Premier Inn-owner told markets this morning that overall sales in the º£½ÇÊÓƵ fell five per cent in the first quarter of the financial year, driven by a 16 per cent drop in food and drink sales
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Toyota sets aside millions in anticipation of º£½ÇÊÓƵ Supreme Court decision on motor finance case
By City AM
The Financial Conduct Authority took the case to the Supreme Court last year after the Court of Appeal ruled in 2024 that the commission charged on motor finance agreements was unlawful
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Legal & General to expand US and private market operations amid global asset management shift
By City AM
The FTSE 100 insurer has set out its growth plans for the asset management arm, which has £1.1 trillion in assets under management
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HSBC could force 35,000 º£½ÇÊÓƵ staff to return to office three days a week
By City AM
The FTSE 100 listed lender is exploring a global mandate that would require employees to be back in the office at least three days a week, according to reports
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Flora and I Can't Believe It's Not Butter maker sees growth ahead
By City AM
KKR said it would make all of its Flora Buttery products suitable for vegans in 2023
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Wowcher profit plunges after CMA refund over pressure selling tactics
By City AM
The e-commerce giant agreed to change its online selling practices and hand 870,000 customers a share of more than £4m in refunds after the Competition and Markets Authority (CMA) launched an investigation
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Barclays drafts in McKinsey to find savings in investment banking arm
By City AM
The FTSE 100 lender is looking to streamline its investment bank division, with consultants looking at the front office, finance, risk and technology divisions
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Smarter Web Company skyrockets into FTSE 250 with £720m cap after embracing Bitcoin
By City AM
The Aquis-listed firm now has a market cap of £720m, after having more than tripled in the past week
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Neal's Yard Dairy's profits fell in year before £300,000 cheese heist
By City AM
Neal's Yard Dairy, based in Southwark, south London, saw its profits fall in the year before it was the victim of a £300,000 cheese heist
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Costain shares jump as analysts raise target price for construction company
By City AM
Shares in the construction firm have now risen by nearly a third since the start of the year, to give the firm a market cap of £380m
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Vegan and vegetarian Indian restaurant opens in former Bath church
Restaurants
A London-based hospitality company has acquired the leasehold of the building
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º£½ÇÊÓƵ office provider introduces bedrooms for workers
By City AM
The company says increasing numbers of commuters are wanting to "play late in the city and skip the morning rush hour"
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Crest Nicholson sees profit triple as housing market recovers
Housing
The London-listed firm said adjusted pre-tax profit more than tripled to £7.9m in the six months ended April 30
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Tesco ramps up market share and maintains profit guidance amidst fierce º£½ÇÊÓƵ supermarket wars
London
The º£½ÇÊÓƵ's biggest supermarket chain has reported a strong first quarter
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Ryanair to fine disruptive passengers £500 'minimum'
Transport
The budget carrier is hoping the new policy will act as a deterrent to 'unacceptable behaviour'
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Canadian giant WSP to acquire engineering giant Ricardo for £281m
By City AM
Consultancy giant's deal is the latest foreign takeover o the London Stock Exchange.
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M&S shares set to rocket to highest in 10 years after full-year results
By City AM
M&S shares have been tipped to rise to more than 420p each in the wake of the FTSE 100 giant's full-year results and a major cyber attack
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Pret A Manger owners eye huge changes including sale or stock market listing
By City AM
JAB Holding, which bought Pret for £1.5bn in 2018, said it was "not currently" looking to sell the sandwich chain but added: "As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor"
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Wise's US listing could signal the death knell for London's fintech IPO revival
By City AM
The London Stock Exchange has been dealt a fresh blow after Wise said it would ditch its primary listing in the º£½ÇÊÓƵ in favour of a dual listing across the pond
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Thames Water and 5 other firms banned from paying bonuses to bosses
By City AM
The new measure prohibits utility firms that oversee "poor environmental and customer outcomes" from offering bonuses to senior bosses.
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Fintech giant Wise follows on from Invidior and ditches London Stock Exchange
By City AM
Payments giant Wise has dealt a fresh blow to London's under-fire capital markets after confirming plans to switch its primary listing to the US
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Wickes to be promoted to FTSE 250 as National Express owner axed
By City AM
Wickes has entered the index after its stock price has soared 35 per cent in the last three months, launching a £20m share buyback programme and seeing a recovery in big ticket sales
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Wizz Air shares crash as budget airline's profits nosedive amid ongoing problems
By City AM
The Hungarian budget airline said its results for the year to March 31 had been impacted by the "continued grounding of a substantial portion of the group's aircraft fleet"
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