All news by author: Lawrence Matheson

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Popeyes to create 2,000 jobs as it announces plans to double in size this year
The US chicken chain will open more than 30 new sites across the UK in the next 12 months, including locations such as Birmingham, Aberdeen and Swansea.
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Fears of 'debt storm' as number of firms on brink of collapse soars by a quarter
The number of firms on the brink of collapse jumped by more than a quarter at the end of 2023 as fears grow over a "debt storm" caused by the recent barrage of interest rate rises, a report has warned
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Compass Group to buy Kew Gardens caterer CH&Co in £475m deal
The deal will bring around 10,000 employees into Compass Group
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Homeowners made average £100,000 profit when selling up last year
Estate agent Hamptons looked at householders selling in 2023 who had bought their homes in the past 20 years
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Electric cars could cut oil imports as much as new drilling licences would
The UK is set to have 6.3 million electric cars on the road by 2030
1258
Nearly a third of people would rush into booking a holiday without making checks
One in seven people search social media websites for breaks, the research for Nationwide Building Society found
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Primark owner set for 'solid' Christmas trading update
The company is expected to announce another quarter of growth at Primark over the key Christmas period
1027
465,000 households pushed into 'fuel poverty' due to energy price cap hike
The UK now has 4.29 million households experiencing fuel poverty, up from 3.83 million, the research found
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Virgin Wines toasts sales boost despite 'subdued' consumer backdrop
The direct-to-consumer wine retailer reported that total revenues increased by 2% to £34.3 million over the six months to December 29, compared with the same period last year
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Building societies set for major shake-up to help first-time buyers onto ladder
The Building Societies Act 1986 (Amendment) Bill aims to modernise societies by expanding their lending capacity
1243
UK energy workers call off strike after accepting 'whopping' pay offer
More than 3,000 workers at oil refineries and the Sellafield nuclear facility had voted in favour of industrial action
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British Gas boss says 'no point' justifying £4.5m pay as people are struggling
Chris O'Shea, who runs Centrica, told BBC Breakfast that "you can't justify a salary of that size"
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The Works blames 'tighter' family budgets for slump in online sales
The arts, crafts and stationery company is taking to reduce costs
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Third of UK adults will run out of money by end of January, survey says
A survey by Credit Karma found that 56% of those who will run out of money during the month will have spent their entire monthly income by January 20
1097
Deliveroo sees slight recovery in UK and Ireland orders as sales rise
The company revealed it thinks its yearly profit will be slightly higher than previous expectations
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DFS Furniture says it has coped well with tough trading conditions
The company said it had managed to reduce costs
1061
UK retail sales suffer biggest drop in three years as shoppers cut spending
The amount of goods sold by British retailers dropped last month at its fastest rate in three years as under-pressure families shifted part of their Christmas shop to earlier in the year
561
Google to invest £790m in first UK data centre
The tech giant said it had started building the facility on a 33-acre site in Waltham Cross, Hertfordshire, with aims for construction to be completed by 2025
573
Bentley sales fall by 11% due to 'challenging market conditions'
The luxury car maker said it delivered 13,560 cars in 2023, compared with 15,174 during the previous 12 months
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Best and worst energy suppliers ranked from British Gas to OVO - see full list
Octopus Energy, Ecotricity and E (Gas & Electricity) achieved the highest customer scores in the annual Which? survey
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Jeremy Hunt calls for 'light touch' AI regulation
Speaking at the World Economic Forum event at Davos, the Chancellor of the Exchequer said there was a need for some "guard-rails" around generative AI.
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Hipgnosis offers £20m to anyone who wants to buy its music catalogue
The troubled music royalty fund, which was co-founded by former Beyonce manager Merck Mercuriadis and Nile Rodgers of Chic, has faced questions over its future in recent months
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Flutter shrugs off NFL losses to grow revenue by a quarter in Q4
The Paddy Power and Betfair owner said that it had met expectations outside the US, but that National Football League (NFL) games had gone the way of customers, costing its bottom line
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Naked Wines to axe jobs across business as sales continue to tumble
The online wine firm said jobs were being axed across "all levels of the organisation" under plans to save another £7 million a year
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Watches of Switzerland shares plunge as it slashes outlook
The business said it still expects revenue to grow during the financial year, which ends in late April, but the challenging Christmas and beyond means it will be a quarter as fast as previously expected