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Today News

22

‘Sheer fantasy’ to claim draining North Sea oil would would cut bills – experts

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Analysis by the Oxford Smith School showed more savings were possible through renewables.

19

Major UK car park firm collapses into administration

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Hundreds of jobs at risk as NCP car parks may be put up for sale

FTSE 100 ends higher as oil price gains moderate

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Nato and other Western allies pushed back on US President Donald Trump’s demand that military alliance members help reopen the Strait of Hormuz.

17

Car park operator NCP falls into administration as post-Covid commuting stalls

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The company, which is one of the UK’s biggest operators with around 340 car parks nationwide, appointed administrators at PwC.

15

BrewDog US bars to be bought by firm behind UK rescue deal

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Tilray Brands said it had agreed to acquire certain key assets across North America.

14

Companies House reveals IT update five months ago likely cause of major glitch

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A bug in its WebFiling service allowed users to access other companies’ details by pressing the back key on their web browser.

Houmous and non-alcoholic beer join basket of items used to track UK inflation

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A big shake-up to the data this year will also mean millions of prices will be automatically collected from supermarket tills.

13

Fuel price surge continues as diesel reaches 160.3p per litre

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Diesel is at its most expensive level since November 2023.

11

CRH to fully delist from London market next month

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The building materials group switched its main listing to New York in September 2023 and has decided to delist entirely from London from April 20.

10

Chinese rival to retail giant Amazon launches in the UK

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JD.com is launching in the UK through its new Joybuy platform to target bargain-hunting British shoppers

Thames Water creditors pledge £3.4bn of new equity in improved rescue bid

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London & Valley Water has offered to inject £3.35 billion of new equity and up to £6.55 billion in new debt to rescue the troubled supplier.

08

Beauty retailer Sephora to open first Scottish stores this summer

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The stores will be located in Glasgow’s Silverburn Shopping Centre and Edinburgh’s St James Quarter.

02

Chinese retail giant launches in UK with new Joybuy business

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£30 billion ecommerce firm JD.com is launching the shopping platform on Monday, as it seeks to challenge major rivals including Amazon in the UK.

Townhouse: Nail salons overlooked by male-led investment for decades

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Townhouse, which runs 44 luxury nail salons, said it was targeting hundreds of new franchised sites.

Sunday, Mar 15

11

UK interest rate cut hopes dashed as Iran war sends energy prices soaring

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The Bank of England is not expected to cut interest rates amid the escalating conflict in the Middle East

UK interest rate cut off the table amid Middle East conflict, economists say

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It is expected the Bank of England will keep borrowing costs unchanged at 3.75% in March.

Saturday, Mar 14

01

Companies House suspends filing service after glitch puts personal data at risk

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Confidential information that could reportedly be viewed included directors’ home addresses, email addresses, and dates of birth.

Friday, Mar 13

21

Ministers warn petrol retailers against ‘unfair practices’

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Chancellor Rachel Reeves and Energy Secretary Ed Miliband called in forecourt operators in response to the Middle East crisis.

Why the price of your pint at Wetherspoons might become more expensive

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The popular chain said its commitment to low prices could be “tested” as energy costs surge due to the Iran war

20

Fact check: No reliable data exist to compare incomes of homes with heat pumps

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A 2024 evaluation asked heat pump grant recipients about their incomes.

19

FTSE 100 falls as Strait of Hormuz uncertainty continues

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The FTSE 100 Index closed down 44 points at 10,261.15.

17

What impact will surging costs have on pub giant Wetherspoon?

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The pub chain has warned over profits due to higher than expected costs and experts fear the Iran war could compound its woes.

16

Viagogo to ‘double-down’ on UK in face of ticket resale crackdown

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The ticket resale platform is hoping to gain traction with its ‘open distribution’ model it believes will benefit fans and event organisers alike.

Petrol retailer group accuses ministers of inciting abuse towards workers

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The Petrol Retailers Association has withdrawn from the meeting with Chancellor Rachel Reeves over ‘inflammatory language’ concerns.

15

How latest rise in oil prices will affect cost of petrol and inflation

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Rising petrol, energy bills, food shop and mortgages- how the Iran war trickles down into your wallet

11

Oil prices teeter above 100 dollars as US temporarily loosens Russian sanctions

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Washington is temporarily allowing ‘permit countries’ to purchase Russian oil already in transit.

Economy stagnates in January ahead of Iran war and fears over UK impact

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Experts warned a prolonged Middle East conflict and an ongoing spike in oil prices could send the economy into reverse in 2026.

10

UK economy flatlines unexpectedly in January

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The Office for National Statistics said there was zero growth in gross domestic product in January.

Berkeley warns of Iran war weighing on housing market amid mortgage rates hikes

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The emerging situation in the Middle East was ‘weighing heavily on risk sentiment’, Berkeley said.

09

Jo Malone sued by Estee Lauder group over use of her own name in Zara collaboration

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Malone sold her eponymous fragrance brand to Estee Lauder in 1999