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Mothercare's sales dip persists, yet optimism grows with new Reliance partnership
By City AM
The retailer said the decline was mainly due to 'continuing challenges' in Middle East markets, but remained positive as it secured a new partnership with Indian giant Reliance
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Founder of AI firm working with Google and Zoom named among º£½ÇÊÓƵ's 'most ambitious' bosses
Technology
Yomi Tejumola was recognised in a list of 50 entrepreneurs who are at the helm of fast-growing firms
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Rentokil enjoys revenue growth as it battles profit warning and activist investor
By City AM
The pest-control company has endured a torrid autumn, after its share price crashed following a profit warning and public row with activist investor Trian
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Barclays highlights urgent need for º£½ÇÊÓƵ policy overhaul to meet climate goals
Barclays
Barclays has called on the º£½ÇÊÓƵ government to make significant changes to its policy and regulatory framework to accelerate the country's transition finance and green finance efforts
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Tate & Lyle stock jumps 12% amid potential takeover by US private equity giant
By City AM
The FTSE 250 food and beverage company is being targeted by US-based Advent International, according to the Financial Times
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Explore new finance options with John Lewis and Zopa Bank's personal loans up to £35,000
By City AM
The department store chain's financial services arm has teamed up with Zopa Bank to provide its customers with more finance options
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The Shard-based Mitie reports robust growth with £3.5bn in contracts and extensions
By City AM
The FTSE-250 outsourcing giant said that revenue in the half-year ended 30 September was up 13 per cent year-on-year, from £2.1bn to £2.4bn
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Audioboom shares soar as US election boosts podcast demand
By City AM
The London-listed company booked record third quarter revenue of $18.8m (£14.4m), up from $14m (£10.7m) in the same period last year, and said it was set to significantly outperform expectations
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Segro sells £115m Victoria Road warehouse to Imperial College for Westtech Corridor project
By City AM
The 10-acre urban warehouse estate has been owned and operated by Segro since 2009.
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Silentnight reports revenue surge to £143.8m following Sleepeezee acquisition
By City AM
The º£½ÇÊÓƵ's "most trusted sleep brand" said sales were supported by increasing business-to-business demand and a "resilient" performance by its consumer division despite a "challenging operating environment"
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BBC newsreader and Dragons' Den star among speakers at Black Business Show 2024
Black Communities
The event at London ExCeL aims to inspire through talks, workshops and networking
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Bank of England printer De La Rue agrees to £300m breakup
By City AM
The London-listed company has agreed to sell off part of its business to an American company
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IT provider Bytes' shares tumble despite NHS and HMRC contract wins
By City AM
The IT company's shares in the British company fell around six per cent after it said hardware fared worse, leading to a 2.9 per cent drop in revenue
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Sipsmith's financial woes deepen with fifth consecutive year of declining sales
By City AM
The London-based brand has reported a turnover of £14.2m for 2023 and a pre-tax loss of £17.2m, according to newly-filed accounts with Companies House.
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Butlin's faces financial challenges with £24.4m loss despite turnover increase post sale
By City AM
The Butlin's holiday resort chain has posted a pre-tax loss of £24.4m for 2023, according to newly-filed accounts with Companies House, just a year after it was sold
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Revolut takes on Square with new payment terminal for larger businesses
By City AM
The London-based banking firm is set to roll out the device, called Revolut Terminal, in the º£½ÇÊÓƵ and Ireland ahead of the busy festive season in a push to grow its business-to-business offering
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º£½ÇÊÓƵ government defends decision not to invite Elon Musk to investment summit amid controversy
By City AM
Technology secretary Peter Kyle has suggested that Elon Musk was not invited to the government's international investment summit due to his tendency to avoid such events
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Easyjet appoints Jan De Raeymaeker as CFO to steer financial recovery and boost share price
By City AM
Jan De Raeymaeker will take up the role from 20 January. The executive currently heads up the Finance, Legal and Purchasing teams at Lineas, the largest private rail freight operator in Europe.
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Thai chain Giggling Squid reports profitable year and expansion despite economic challenges
By City AM
The Guildford-headquartered company has reported a pre-tax profit of £1.5m for the 12 months to 31 March, 2024
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Centrica-owned Hive strikes deal with EV charging app Zapmap
Deals
The partnership between the two businesses will begin in 2025
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Keir Starmer to promise to 'rip up red tape' as he woos global business leaders at summit
Google
The Prime Minister will say that the government will 'end chop and change, policy churn and sticking plasters', which have deterred investors
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Consolidation looms for º£½ÇÊÓƵ fintechs as IPO prospects dim and funding tightens
By City AM
Fintech firms are bracing themselves for more consolidation as successful start-ups expand and established players fend off future rivals.
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£300m investment vehicle for science and tech spinouts launches
Technology
The SETsquared university partnership and investment firm QantX announced the initiative in Bristol
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Hays reports 20% drop in º£½ÇÊÓƵ and Ireland fees amid challenging recruitment market
Professional Services
Downturn in the recruitment market goes on
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