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Pound tumbles against US dollar after Hunt’s budget sparks market fears...

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The pound has tumbled against the US dollar in the wake of this morning’s Autumn Budget statement. Chancellor Jeremy Hunt announced billions of...

Fake goods empires cost taxpayers £8billion a year | City &...

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Apart from the loss of tax revenue, organised crime gangs are ploughing the illegal profits into sex trafficking and importing class-A drugs into...

Act now or half of high street shops will shut, says...

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The former adviser to David Cameron spoke out after a report on the future of independent retail found up to half of existing...

M&S storm warning for high street as cost-of-living bites | City...

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The retail giant predicted trading will become much tougher in the New Year as the cost-of-living crisis hits hard. And it fears a...

Ryanair boss: recession will be good for business | City &...

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He said: “We have been through three or four recessions in our 30 years and every time people don’t stop flying, they trade...

Rate hikes strike at busiest time of year as industry bosses...

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Retail and hospitality chiefs say while they understand the Bank of England’s need to reduce soaring inflation, increasing the base rate of interest...

British fish and chip shop crisis as owners plead for VAT...

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The VAT rate for the hospitality industry was slashed during the pandemic to 5 percent but is now back at 20 percent. This...

Lowe’s to sell Canadian business, including Rona stores, to private equity...

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Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for $400 million US plus a performance-based deferred consideration.Lowe's...

UK ‘hours’ from financial meltdown after Truss’s mini-budget, says Bank of...

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Britain was just hours from a complete financial meltdown in the wake of Liz Truss’s mini-budget, Bank of England Governor Andrew Bailey has...

Interest rates LIVE: Investors sent dire warning as BoE ‘deliberately sacrifices...

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The housing market will be hit by the Bank of England decision today, with house prices set to tumble, experts have warned. Marcus Dixon,...

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