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Business

UK’s Norwegian Hydro Reliance Threatens Winter Power

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Britain faces a severe electricity crisis this winter. Its Norwegian hydro reliance is now a critical vulnerability. Norway's reservoirs are dangerously low. Consequently, the UK may...
Business

New Law Targets Corporate Failure to Prevent Fraud

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A significant new corporate offence comes into force today. Companies now face prosecution for failure to prevent fraud. This applies if their firm profits from...
Business

UK Pursues £90 Million in Unpaid Taxes from Rescued Staffing Firm

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The UK government is aggressively pursuing approximately £90 million in unpaid taxes. This massive debt follows the insolvency of a major temporary staffing business. Challenge...
Business

UK Bank Shares Fall Sharply Amid Calls for New Windfall Profit Tax

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UK banking shares fell significantly on Friday. Investors reacted to new calls for a bank profit tax. The Institute for Public Policy Research (IPPR)...
Business

Gordon Ramsay Street Burger to Launch in Erbil

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Gordon Ramsay Restaurants Global announced plans to bring Gordon Ramsay Street Burger to Erbil later this year. This opening will mark the first Gordon Ramsay...
Business

Oversized Cabin Bags Trigger Higher Staff Bonuses at Ryanair

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Ryanair is increasing staff bonuses for spotting oversized cabin bags. Chief Executive Michael O'Leary announced this new policy. The reward will rise from €1.50 to...
Business

Modernise Government: Octopus Energy Founder Appointed as Key UK Adviser

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The UK government has appointed a new adviser. Octopus Energy founder Greg Jackson will take the role. Prime Minister Keir Starmer made this decision....
Business

Profit Squeeze Grips UK Services Sector as Confidence Plummets

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Confidence in the UK services sector has fallen sharply. A new survey from the CBI reveals this worrying trend. Rising costs and weak demand...
Business

New Poll Reveals Widespread UK Anxiety Over AI in Jobs

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New research highlights significant worry about the AI workplace impact. A Trades Union Congress (TUC) poll finds half of UK adults are concerned. Their...
Business

UK Government Borrowing Costs Hit Near 27-Year High

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The UK faces intense financial pressure due to soaring borrowing costs. The yield on 30-year government bonds has jumped sharply. This increase pushes borrowing...
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