Retailers demand energy bill cuts as costs rise by £440m

The British Retail Consortium (BRC) – which represents top retailers including Tesco, Sainsbury’s and Marks & Spencer – has warned that rising “policy costs” on energy bills will inevitably push up prices for shoppers.…

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Bank of England announces the four animals that will feature on our next series of banknotes

The decision comes after nearly 500,000 people responded to a public consultation asking which native wildlife they would like to see on our banknotes. They chose from a shortlist of 18 options across three categories –…

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'Stop throwing shade' - the woman trying to stop firms leaving the UK

Over the last few years, scores of big firms have left the London market , are considering a move or have been bought by private foreign investors. The fear is this weakens the UK economy by reducing tax revenues and…

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OpenAI says teen ChatGPT use limited but research finds it an 'unacceptable risk'

The major AI firm rolled out many teen safety guardrails in August, including curbs on emotional dependence and new parental alerts for problematic use. On Wednesday, OpenAI said it found average teen use of ChatGPT to…

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Boots sold in £7bn deal to Canadian billionaire family

Boots started as a simple apothecary in Nottingham but has evolved to become a stalwart of the High Street, expanding its business to sell a vast range of health and beauty products, meal deals and travel accessories.…

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Burnham, take note: water shareholders have their uses – they can be squeezed for cash | Nils Pratley

And, of course, his big-picture point is familiar: the £80bn, or thereabouts, that has been paid in dividends over the past 35 years represented over-the-top rewards for investors in many cases. It is easy to agree the…

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‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left

Reuben had moved from his Holland Park house in London to live full-time in the principality. Labour's tax regime was blamed and there were said to be fears there would be a cascading effect across the economy, with…

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Money market funds surge in popularity as investors grapple market volatility

UK investors allocated capital to money market funds in favour of stocks in a bid to ride out the ongoing economic and geopolitical tensions rocking financial markets. The funds attracted £417m of inflows in September…

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Virgin Media O2 defends arena deal as £200m price tag disputed

The company and venue owner AEG have not disclosed the value of the agreement, which will keep the O2 name on the Greenwich arena and surrounding entertainment district until at least 2038. A source close to Virgin Media…

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Goldman-linked EY breach highlights new era of undetectable data theft

“The challenge is that document theft often looks like normal business activity”, Jones said. The warning will resonate with companies increasingly handing sensitive information to outside accountants and software…

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