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      UK manufacturers facing ‘steel quota cliff edge’

      The steel industry has been particularly badly hit by rising energy costs

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  • Sausage roll chaos: Greggs forced to go cash-only and some close due to payment issues

    March 20, 2024

    Consumers in England and Wales are reporting closed shops or cash-only payments

  • UK drivers priced out of owning Chinese electric cars due to ‘sky high’ insurance costs

    March 20, 2024

    The UK insurance industry is facing “real challenges” in covering Chinese electric vehicles, as sales of the models surge in the West.

  • Hundreds of jobs at risk as Ted Baker owner calls in administrators

    March 19, 2024

    Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.  

  • Demand for Rolex and Tag Heuer watches slump as demand in China falls

    March 19, 2024

    Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong. 

  • Wickes plots expansion in home solar energy market after slight profit boost in 2023

    March 19, 2024

    Pretax profit in 2023 was slightly higher than 2022, rising to £41.1m from £40.3m.

  • The Notebook: Metro Bank’s cost-cutting drive spells trouble for challengers

    March 19, 2024

    Victoria Scholar takes the Notebook pen to talk Metro Bank's troubles, relief in China and swoops for Selfridges.

  • Naked Wines: Shares slump as refinancing rumours give investors jitters

    March 18, 2024

    Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters. 

  • Currys shrugs off lack of takeover offer by raising profit forecast for the year

    March 18, 2024

    Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.

  • Moving markets: Five things shaping the FTSE 100 today

    March 18, 2024

    Asian shares climb on strong Chinese data, while oil prices surge amid geopolitical tensions. Vladimir Putin wins 88 per cent of votes in an election devoid of opposition candidates. Major central banks take centre stage this week with pivotal decisions ahead.

  • China’s economic activity starts strong in 2024, though property market remains a challenge

    March 18, 2024

    China's industrial output and retail sales surpassed expectations in early 2024, offering policymakers a needed lift amid a lingering property market downturn.

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