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UK economy grew more than first estimated in early 2024
BBC News· 4 days agoThe economy grew by more than initially estimated in the first three months of 2024 as the UK...
Currys pins growth hopes on AI-powered technology
The Herald· 4 days agoHeadline profit at the high-street stalwart fell to £117m during the year, down from £147m following the group’s decision to offload its business in Greece. However, the group pointed to the ...
Boots crisis deepens as US owner announces plans to axe stores
This Is Money· 4 days agoBoots is facing an increasingly uncertain future as the crisis that is engulfing its American owner deepens. In a bleak update to investors on Wall Street yesterday, Walgreens Boots Alliance ...
Currys banks on AI to boost sales as it hails recent innovations
This Is Money· 4 days agoCurrys chief exec Alex Baldock (pictured) said: 'The coming wave of AI-led tech offers arguably the most exciting tech cycle since the Apple iPad in 2010.'
H&M shares plunge after wet weather sparks a sales slump 'catastrophe'
This Is Money· 4 days agoFashion giant H&M’s sales have been washed away by the wet weather. In an update branded a ‘catastrophe’ by analysts, the company said sales in June were set to be 6 per cent lower than the ...
BP windfarms put on hold as oil giant doubles down on fossil fuels
This Is Money· 4 days agoThe new boss of BP has watered down the oil giant’s green energy plans following investor pressure. In major strategy shift, Murray Auchincloss has put new offshore wind projects on ice as it ...
Nearly £5bn wiped off value of GSK as US restricts RSV vaccine jabs
This Is Money· 4 days agoNearly £5billion was wiped off the value of GSK after a top US health agency limited the scope of its blockbuster respiratory vaccine. In a further setback for the UK pharmaceutical giant, the ...
Beware Royal Mail debt pile, says ALEX BRUMMER
This Is Money· 4 days agoThere are many reasons for opposing the ‘Czech Sphinx’ bid for International Distributions Services (IDS), the owner of the Royal Mail. Public-to-private deals are destabilising and opaque, ...
MARKET REPORT: DS Smith tops table after £5.8bn takeover boost
This Is Money· 4 days agoSigns that a takeover by a big US peer is back on track lifted DS Smith to the top of the blue-chip...
Tech and electrical retailer ‘planning prudently’ but confident about the year ahead
The Herald· 4 days agoCurrys, which operates 727 stores in six countries – 301 of them in the UK and Ireland where it employs 14,850 staff – has taken a bold move in pointed to AI-enabled phones and laptops fuelling ...
