All news by author: Lawrence Matheson

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Royal Mint launches new 50p coin inspired by Natural History Museum's Dippy
The coin has been inspired by the Natural History Museum's diplodocus cast, affectionately known as 'Dippy', which was gifted to the museum in 1905
788
Lonely secondary school pupils 'less likely to gain employment as adults'
Children who experienced loneliness at the age of 12 are more likely to be out of education, employment, or training and consider themselves to have a lower social status, according to new research
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More choice for buyers as 'solid rise' in sellers putting homes on the market
There has been an increase in sellers putting their homes on the market in February, with the strongest upswing recorded since autumn 2020, according to surveyors
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Majority of first-time buyers clubbed together to get on property ladder - TSB
The average mortgage term for first-time buyers has increased, according to new research
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Energy giant Shell waters down part of its 2030 carbon reduction pledge
The oil major also revealed on Thursday that in his first year on the job, chief executive Wael Sawan was paid a total of £7.94 million, a reduction of close to £2 million from his predecessor's pay in 2022
721
Online grocery prices were '1.2% cheaper than a year ago', according to new data
Consumers spent £1.38 billion through buy now, pay later services last month the figures show, representing 15.6% of total spending
966
Deliveroo cuts losses to £31m as founder looks to 'unlocking future growth'
The group posted a £31.8 million loss for the year, significantly smaller than the £294.1 million loss reported for 2022
746
John Lewis announces return to profit but staff will miss out on bonus again
The group which owns the John Lewis department stores and Waitrose supermarket chain reported pre-tax profits of £56 million for the year to January 27 against losses of £234 million in the previous year
897
US lawmakers say TikTok will only escape a ban if it finds a new owner
The US House of Representatives has passed a bill that would ban TikTok in the US unless its Chinese parent company ByteDance sells it
1450
Initiative launched to improve insurance cover for fire safety risk buildings
The Fire Safety Reinsurance Facility aims to help increase insurance market competition to cover properties affected by combustible cladding and other fire safety problems
1082
The Gym Group pumps up its presence with plans for 50 new locations
The low-cost gym operator said it was well placed to benefit from the challenging economic backdrop
614
Households freed from contracts that doubled ground rent every 10 to 15 years
Over 500 households will be freed from "problematic" leaseholds and will have their ground rent returned to the original amount when they first bought their homes
993
Morrisons reports £1 billion loss as supermarket chain counts cost of debt
The retailer, which was bought for £7 billion by US private equity firm Clayton, Dubilier & Rice in 2021, reported the heavy loss for the year in freshly filed Companies House accounts
906
One in five shop staff has suffered a violent attack, reports retail union Usdaw
A survey of more than 5,500 shop staff showed that almost one in five suffered a violent attack last year, compared with 8% in 2022.
916
Zara owner Inditex reports record sales as shoppers snap up new fashion lines
The fashion retail giant, which also owns brands including Bershka and Pull & Bear, told investors its financial performance in the last year had been 'excellent'
791
Direct Line rejects increased £3.11 billion takeover offer from rival Ageas
Shares in Direct Line fell 6% in Wednesday morning trading after the group said it had rejected a second cash-and-shares proposed bid from Ageas
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Government will 'stand with' electricity generators building new gas plants
The Government has a target to decarbonise the power grid by 2035 as part of efforts to cut emissions by nearly four-fifths
1345
Small businesses saw wage bills soar by 14% adding to cost pressures - report
The latest Sage small business tracker, compiled with the Centre for Economics and Business Research, found that while earnings growth is easing back more widely across the UK, total wage bills are continuing to rise for small firms at a rapid pace
1260
Starling Bank appoints OVO Energy boss as new group chief executive officer
Raman Bhatia will take over as group chief executive from John Mountain, who took over on an interim basis in May
1082
Arriva in West Yorkshire ranked England's worst bus operator in new survey
Transport Focus surveyed passengers travelling on buses owned by 55 bus operators and discovered that those using Arriva in West Yorkshire were least satisfied
930
UK hails Texas trade agreement saying 'state-level strategy is working'
The deal will build closer trade co-operation with Texas as the Government continues to pursue state-level agreements in the absence of a wider free trade agreement with the US
1032
Economy grew in Janaury raising hopes UK could already be out of recession
The Office for National Statistics said that the economy grew by 0.2% in January after shrinking 0.1% in December
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Domino's to open 700 new locations as it reveals plans to launch £4 meal deal
Domino's, which has 1,300 UK and Ireland sites, is planning to operate 1,600 sites by 2028 with hopes of reaching 2,000 by the year 2033
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Aramco reports $121 billion profit as lower energy prices see drop in revenues
Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices
1222
Heathrow offers full English breakfast 'fly up' cooked with recycled oil
The airport is aiming to raise awareness of sustainable aviation fuel