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Shell cuts 2200 more jobs due to prolonged low oil prices

The Independent - ‎1 hour ago‎
Royal Dutch Shell will cut 2,200 more jobs, taking the total tally of losses to 12,500 from 2015 to 2016 as the world's second-biggest oil company continues to adjust to the slump in prices.
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FTSE LIVE: Footsie holds firm on strong oil prices, Greek bailout deal, but M&S drops after warning on profits

This is Money - ‎54 minutes ago‎
12.45: The Footsie remained higher at lunchtime as European markets were boosted by a Greek bailout deal and oil prices pushed closer to the $50 a barrel level, though high street giant Marks & Spencer stayed weak after warning that profits will be hit ...
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Cara & Kate's Modelling Agency In Hot Water

Yahoo News - ‎1 hour ago‎
According to a watchdog body, some of the UK's leading model agencies have been fixing prices. The news comes after a series of raids on five of the largest model bookers in the country: Models 1, Premier, Storm, FM Models and Viva.
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Sir Philip Green had a 'caring approach' and tough budget for BHS pension - ‎40 minutes ago‎
Sir Philip Green had a “caring approach” to the BHS pension scheme and even offered investment advice to the trustees, yet refused to budge beyond his firm's contribution to address its black hole in the years before he sold the firm, the former ...
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Bullish Dixons Carphone sees sales rise thanks to growing demand for mobile phones and electricals

This is Money - ‎2 hours ago‎
Dixons Carphone was bullish on this year's profits today as it posted rising sales in the fourth quarter thanks to growing demand for mobile phones and sales growth of electricals.
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Royal Mail avoids new price controls

Financial Times - ‎2 hours ago‎
Royal Mail has avoided new price controls after the communications regulator said the company had struck a balance between improving efficiency and what it charges customers.
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Wizz Air improves FY pretax profit

Interactive Investor - ‎3 hours ago‎
Wizz Air has improved its FY pretax profit to 201.4m euros, from 191.7m euros. Total revenue was 1.4bn euros, from 1.2bn euros. During the year it carried 20.0m passengers, from 16.5m, and improved its load factor to 88.2%, from 86.7%.
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Strong German business morale boosts growth hopes

Daily Mail - ‎3 hours ago‎
BERLIN, May 25 (Reuters) - German business morale improved more than expected in May, hitting its highest level so far this year and suggesting Europe's biggest economy will extend its surprisingly strong start to the year into the second quarter.
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Plans for standard one-week switching across consumer services

Belfast Telegraph - ‎13 hours ago‎
Mortgage providers could be required to deliver seven-day switching to customers wanting to move to a better deal, under Government plans to establish a new one-week standard across consumer services.
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Fracking puts local councils in an impossible position

The Conversation UK - ‎2 hours ago‎
We believe in the free flow of information. We use a Creative Commons Attribution NoDerivatives licence, so you can republish our articles for free, online or in print.
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Glastonbury Festival fined after human waste leak

Resource Magazine - ‎1 hour ago‎
The organisers of Glastonbury Festival have been ordered to pay £31,000 in fines and costs after untreated human waste escaped from a temporary storage tank and polluted a nearby river.
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Norway's sovereign wealth fund says backed Shell CEO's pay

Reuters UK - ‎37 minutes ago‎
OSLO Norway's $850 billion (578.79 billion pounds) sovereign wealth fund, the world's biggest, voted in favour of the 2015 remuneration package of Royal Dutch Shell Chief Executive Ben van Beurden at Tuesday's annual meeting of shareholders, the fund ...
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Financial Conduct Authority issues scam warning to over-55s

Moneywise Magazine - ‎2 hours ago‎
Using the rule of 72, which states that if you divide said number by a given interest rate you'll see how long it takes to double your money, we see that in 2008, when the Bank of England set rates at 4.5%, it would have taken 16 years.
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Pennon Group - Dividends up 5.6%

Hargreaves Lansdown - ‎1 hour ago‎
No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.

Prices edge up on gas shortfalls and higher demand

Reuters UK - ‎2 hours ago‎
British gas prices edged mostly higher early on Wednesday in response to a surge in heating demand coupled with an undersupplied transmission system and higher crude oil prices.

London dominates list of UK's fastest growing boroughs

Bdaily - ‎1 hour ago‎
The rate of population growth in London is set to outstrip the rest of the country in the next decade, according to forecasts released today by the Office of National Statistics (ONS).

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