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Northampton Town: Former owner appears in court on £10m fraud charge

January 15, 2025

Former Northampton Town chairman David Cardoza and three other men have appeared in court charged with fraud in connection with a £10m stadium redevelopment loan. Cardoza spoke only to confirm his identity and date of birth and was not asked to enter a plea during a hearing lasting less then five minutes at Northampton Magistrates [...]

Reeves ramps up pressure on regulators in bid for growth

January 15, 2025

Chancellor Rachel Reeves and business secretary Jonathan Reynolds are set to meet with a group of watchdogs today as they kickstart plans to cut red tape from the economy and drive growth through regulation. The chiefs of various regulatory agencies, including Competition and Markets Authority, Ofcom and Ofwat, have been summoned to Downing Street. Officials [...]

Trump to ‘save’ Tiktok as RedNote rises ahead of Sunday’s ban

January 15, 2025

President Donald Trump has reportedly considered rescuing the Chinese-owned social media app Tiktok from its looming ban. Once in office, Trump may suspend the enforcement of the ban-or-sale law through executive order, reported the Washington Post. He has been exploring unconventional ways in which he could save the app, which now hosts over 170m users [...]

BP to axe thousands of job in cost cutting drive

January 15, 2025

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000.

Pearson’s stock price falls after revenue slowdown

January 15, 2025

Academic publisher Pearson saw its stock price fall almost three per cent in early trading after reporting a slowdown in quarter-on-quarter organic growth. “Pearson’s transformation from being an owner of media titles like the Financial Times and selling expensive physical academic books to a company at the forefront of digital education has not been without [...]

Luxury stocks boom as Richemont kicks off reporting season with a bang

January 15, 2025

Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive season, indicated that the luxury market may finally be recovering from a slowdown that has lasted nearly two years. Revenue from jewellery, Richemont’s biggest division, rose [...]

Young’s: Pub chain in ‘great shape’ after Christmas despite Budget burden

January 15, 2025

Young & Co have reported an excellent Christmas trading period, with optimism abound despite a higher cost burden for the hospitality sector this year. The pubs-and-rooms operator, which has around 228 pubs and 5,600 employees, said that revenue in the five weeks to January 13 rose 30.4 per cent, with like-for-like sales up 11.6 per [...]

Savills: End of work from home drives recovery in office property market

January 15, 2025

International property services company Savills has predicted a strong commercial property market this year driven by cheaper financing, the sustainability agenda and workers’ return to the office. The FTSE 250-listed firm told the market this morning that while it expected challenging conditions to continue, “most markets are in recovery”. However, the firm added that geopolitical uncertainty, [...]

Domino’s Pizza gobbles up sales in Central Europe

January 15, 2025

Increased hunger for pizza across Poland and Croatia helped sales jump at the owner of Domino’s in both European countries, according to new figures. DP Poland, which runs Domino’s Pizza stores and restaurants across Poland and Croatia, has racked up system sales of £55.4m for 2024 after being able to attract new customers. In Poland, [...]

Robot hoovers on the menu as Premier Inn owner counts cost of Budget

January 15, 2025

Whitbread, the hospitality chain which owns Premier Inn, could see UK costs increase by more than £100m following the Autumn Budget. In a statement on the London Stock Exchange, the firm warned of gross UK cost inflation of between five and six per cent on a £1.7bn cost base, when factoring in the impact of [...]

Wise: Fintech’s customers surge on back of payment deals boom

January 15, 2025

Customers at fintech platform Wise have jumped 20 per cent over the last year as the firm continues to make deals with top financial clients. In a quarterly trading update, the money transfer firm revealed that cross border volumes had surged 24 per cent, or 27 per cent on a constant currency basis, to £37.8bn. Meanwhile, [...]

EOS Climbs 10% In Bullish Trade

January 15, 2025

- EOS was trading at $0.8748 by 18:47 (23:47 GMT) on the Index on Wednesday, up 10.07% on the day. It was the largest one-day percentage gain since...

Litecoin Climbs 11% As Investors Gain Confidence

January 15, 2025

- Litecoin was trading at $113.876 by 17:56 (22:56 GMT) on the Index on Wednesday, up 11.09% on the day. It was the largest one-day percentage gain...

Politicians, Mass Media Team Up to Steal Democracy in Capra’s ‘Meet John Doe’

January 15, 2025

Nolte: Politicians, Mass Media Team Up to Steal Democracy in Capra’s ‘Meet John Doe’ Warner …

$250 Million Liquidated: Bitcoin and XRP Lead Bear Massacre

January 15, 2025

U.Today - The United States reported a higher-than-expected Consumer Price Index (CPI) for December, showing a monthly increase of 0.4% after seasonal adjustment, surpassing the...