Frasers Group has warned Unite the Union against taking “reckless and irresponsible” industrial action after the trade body threatened strikes across the retailer’s warehouses in a dispute over pay. In a strongly worded letter to…
Business
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Saudi Arabia has taken a decisive step toward becoming the world’s gaming hub after its $55 billion (£41 billion) acquisition of US game publisher Electronic Arts (EA) — the largest leveraged buyout in corporate history.…
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Morrisons is introducing a new tracking system to monitor how quickly its shop floor staff stack shelves, as the supermarket embarks on a major operational overhaul to improve efficiency and win back shoppers. The new…
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Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry’s most crucial month of the…
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Jaguar Land Rover (JLR) is preparing to inject up to £500 million into its supply chain to prevent a wave of insolvencies among parts makers after a cyberattack brought production to a standstill and left…
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Britain’s leading banks have warned the government against capping the resale prices of concert and event tickets, claiming the move would push ticket touts and fraudulent sellers onto unregulated social media platforms. In a submission…
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Business activity across the UK slowed sharply in September as mounting anxiety over the government’s delayed autumn budget led companies and households to postpone investment and spending decisions. The S&P Global composite purchasing managers’ index…
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Bitcoin broke through the $125,000 mark for the first time on Sunday, extending a powerful rally that analysts say could continue into the end of the year. The world’s largest cryptocurrency jumped 3 per cent…
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The chief executive of Entain, the FTSE 100 owner of Ladbrokes and Coral, has warned the government that higher gambling taxes in next month’s Budget could lead to widespread betting shop closures and a sharp…
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Sir Jim Ratcliffe’s chemicals empire, Ineos, has introduced a company-wide hiring freeze as it prioritises debt reduction following years of rapid expansion and weakening market conditions. The British-founded group confirmed a “general recruitment freeze” while…