AI helped UK defy expectations – but will economy’s resilience fizzle out?
The global economic headwinds were too strong, inflation was beginning to rise and growth would slow to a trickle. Four months into the job, the economy is continuing to defy expectations after growing by 0.7% in the…
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FC Barcelona charging fans £9,000 to lay their ashes at Camp Nou
The Memorial FC Barcelona will consist of a room in the iconic ground with space for 26,000 people’s remains to be stored alongside a mural of key moments in the club’s storied history. Prices start from £2,000 for 10…
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Cash in on tax credits – how to claim for R&D
The merged scheme replaces the old SME and RDEC tax relief schemes. Qualifying expenditure includes staffing costs, software, consumables and payments to clinical trial volunteers. To be eligible for R&D tax credits, you…
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Metro Bank up for sale, with billionaire investor in line for £420m windfall
The announcement pushed the share price up by 7% by mid-morning, valuing the bank at about £1.3bn. If successful, the sale would allow Gilinski Bacal a chance to sell out of the bank he helped save from near-failure in…
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Consultancy leads UK growth as AI appetite surges amongst businesses
Consultancy services were one of the biggest drivers of UK economic growth in the third quarter, driven by rising demand from firms for AI and tech-related services. The Office for National Statistics (ONS) reported the…
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Burberry returns to profit as sales soar, from £85 socks to £9,000 coats
"Our strategy is working," he said. Burberry said it made a pre-tax profit of £19m in the six months to 26 September after a loss of £48m a year before, as sales rose to £1.1bn. Sales rose 15% in China and 14% in the…
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Tech stocks slide as Nvidia board prepares to oust Jensen Huang
The firm’s board is reportedly preparing to remove its chief executive following the news of a relationship with an employee who reported directly to him, adding to a scandal involving a separate affair with a suspected…
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Does good news make a company a good investment?
Industry experts call it 'an unexpected success', and stock market traders take notice. Four weeks later, you have money to invest. Would you expect the company's shares to do better over the next year than if it had…
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The Capitalist: New City restaurant dishes out tattoos and tiramisu
At yesterday’s aviation jamboree, Virgin Atlantic boss Corneel Koster launched an almighty tirade against Heathrow and its decision to split Richard Branson’s carrier up from its alliance counterpart Delta. He vowed to…
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Lawyers slapped with fee hike as regulator scrambles to fix its ‘foundations’
As announced in its 2026-27 business plan, the regulator will increase its practising certificate price by over 26 per cent from £190 in 2025-26 to £240. The increase is expected to generate £111.5m. A qualified…
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