Number of UK businesses in financial distress ‘at two-decade high’
There were 738,144 businesses in "significant" financial distress in the third quarter of this year, up 1.6% compared with the same period last year, according to BTG. That is the highest level since the administrator's…
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HSBC shares sink after revenue misses expectations
The FTSE 100 bank’s stock slid seven per cent in early trading to 1,269.0p in a move that shed around £16bn from the firm’s market capitalisation. It also put it on track to lose its crown as the City’s biggest listed…
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FTSE 100 Live: Stocks slide as oil holds at $115; tech surges
Brent crude was trading above $115 per barrel as renewed diplomatic efforts in the Middle East raised hopes of preventing a wider escalation of the US-Iran conflict. But the discussions come roughly a week before the US…
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Why The Reeds at South Lodge is long weekend heaven
The Reeds is a relatively new addition to the South Lodge estate, a series of six two storey cabins perched over a lake, into which the brave can dash for a bracing morning swim. I was content to relax in the morning…
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Donald Trump's biggest economic problem looks strangely familiar
The economic numbers aren't necessarily bad - but the public mood is. It's a disconnect that haunted Joe Biden in 2024, when solid headline data failed to convince many voters that the economy was working for them. Now…
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Landowners could scupper free Land Registry access plans, campaigners warn
On Tuesday the government set out its proposals to lift the paywall on the Land Registry, arguing that opening it would help the UK build more houses, protect nature and improve strategic planning. The plans will be open…
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‘It’s a better experience’: shoppers praise Oxford Street pedestrianisation
A steady stream of red London buses swing round the last junction before the newly pedestrianised Oxford Street begins. The streets are crammed with pedestrians, some squabbling over who poked whom with their umbrella…
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My advice for Burnham’s first budget? Hit the banks – and hit them hard | Polly Toynbee
This walking good-vibes maestro is spreading a confetti of small good deeds. These may not shift the dial yet on 40 years of neoliberal economics, but they show the way he's heading. Eyecatching everyday things – from…
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Private equity-backed Unity Advisory hits 120 clients as former Big Four chiefs target rivals
Having shaken off early legal threats from PwC, secured 120 clients, and already won work from traditional rivals , two former Big Four heavyweights told Rosie Harris-Davison that their advisory firm, Unity Advisory, is…
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Four in five London homes shed value as mortgage costs soar
Across the capital and the south east of England, 85 per cent of homes have fallen in the last year, according to property portal Zoopla, compared to 35 per cent in the UK as a whole. London’s property market has borne…
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