News from Sentoria
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UK Businesses Freeze Hiring as Confidence Falls to Five-Year Low
UK businesses are freezing permanent recruitment as weak demand, rising energy costs and uncertainty surrounding the Iran conflict push confidence and business output indicators to their lowest levels in years.
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UK Retailers Warn Sony’s Move to End PlayStation Discs Will Reduce Consumer Choice
UK retailers have criticised Sony’s decision to end physical PlayStation game releases from January 2028, warning that the move will remove consumer choice, undermine resale and damage a UK boxed-games market still worth more than £300…
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UK Economy Expected to Stall as Energy Costs and Weak Services Hold Back Growth
The UK economy is expected to have flatlined or contracted again in May as higher energy costs and weak service-sector activity weigh on growth. Stronger retail sales and positive three-month figures, however, suggest a fragile slowdown…
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UK Business Today: Oil Prices Rise, Britain Signs Swiss Trade Deal and Morrisons Explores £600m Property Deal
Rising oil prices, a new UK-Switzerland trade agreement, Morrisons property talks and stronger PageGroup results lead today’s UK business news, as companies balance new opportunities against persistent economic uncertainty.
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EasyJet takeover talks show private capital still sees value in European aviation
EasyJet has reached an agreement in principle on a proposed £5.5 billion takeover by US investment firm Castlelake, valuing the airline at £6.90 per share. The deal would take one of Britain’s best-known airlines private, but…
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Traders’ bets against the pound show markets are testing Britain’s next economic direction
City traders have reportedly built short positions of about £7 billion against sterling as markets assess the prospect of an Andy Burnham premiership. The move reflects concern over Britain’s fiscal outlook, borrowing costs and uncertainty around…
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Wealth management fee row shows why transparency is now a competitive advantage
The UK wealth management industry is under renewed scrutiny after warnings that some firms still use complex charging structures to obscure the true cost of investing. The FCA is consulting on simpler investment disclosure rules, clearer…
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Gymshark buyback talks signal a new phase for one of Britain’s biggest start-up successes
Gymshark founder Ben Francis is reportedly in talks to buy back part of the 21% stake sold to General Atlantic in 2020, a move that would increase his control of the British sportswear brand. The talks…
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Rolls-Royce Derby expansion shows how defence investment is becoming industrial strategy
Rolls-Royce has begun work on a major expansion of its Raynesway site in Derby, adding more than 100,000 square metres of manufacturing and office space and creating 1,170 skilled roles. The project will more than double…
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TG Jones store closures show the high street rescue model is under strain
TG Jones, the former WH Smith high street business, is set to close up to 150 stores after the High Court approved a restructuring plan designed to prevent administration. The deal gives the retailer breathing space…
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Car finance redress delay shows the challenge of turning mis-selling into mass compensation
The FCA’s motor finance redress scheme has been delayed again after the Upper Tribunal suspended parts of the scheme while legal challenges are heard. Payments are now unlikely to begin until at least 2027, with hearings…
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America remains mighty, but its dominance is no longer automatic
America remains the world’s most powerful economy, with unmatched capital markets, military reach, technology companies and dollar influence. But its dominance is becoming less automatic as China grows more competitive, migration slows, the dollar faces gradual…