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Car industry sounds warning as electric car sales stall
The UK car industry has warned its efforts to support the transition to electric vehicles cannot be sustained indefinitely as it faces fines for missing climate-linked sales targets.
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Huge shift in interest rate predictions as Bank of England chief says cuts could be more 'aggressive'
Financial markets are now pricing in a shock interest rate cut for the UK at the next Bank of England meeting following remarks by its governor.
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Blackstone hires Goldman to sound £2bn Clarion call to buyers
Blackstone, the private equity giant, has hired one of Wall Street's leading banks to sell the corporate events business, which runs some of the world's largest trade shows.
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Tesco sees sales growth after focus on value and rise in premium shoppers
Tesco has said a focus on value amid the continuing squeeze on shoppers' budgets has paid off through a rise in half-year profits.
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It's 'no-one for Pimm's' as owner Diageo scraps sale
Diageo, the FTSE 100 alcoholic beverages giant, has scrapped the sale of its Pimm's brand after failing to reach a deal with potential buyers.
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Fraud crackdown could see bank payments delayed by three days
Banks could be given extra time to investigate suspicious payments in an effort to curb fraud.
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Middle East conflict: Why oil prices are not surging
Israel is fighting on at least four fronts, threatening a war across the oil-rich Middle East, but there is no great sense of fear yet as far as financial markets are concerned.
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Wimbledon caterer Compass plots multimillion pound pay rise for CEO
Compass Group, the FTSE-100 catering giant which counts the Wimbledon tennis championships among its most prestigious contracts, is in talks with its investors about increasing its boss's potential pay package by millions of pounds a year.
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Former Harrods executive pulls out of top job at department store chain Fenwick
A former senior executive at Harrods has abandoned plans to become the new boss of Fenwick.
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US port strike poses fresh inflation risk
A prolonged strike by US port workers risks a new wave of freight-led inflation, according to experts.