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Burberry sparks FTSE 100 sell-off amid consumer spending concerns
The FTSE 100 slumped on Monday after a profit warning from luxury fashion house Burberry sparked a rout across several different sectors. The blue-chip index fell 70 points to end the day on 8,183, a 0.9% drop. Investors were spooked after Burberry warned of a 21% drop in retail sales,Continue Reading
Underground moon cave hidden beneath open pit ‘could be future human base’
An underground moon cave that stretches tens of metres beneath an open pit could be a potential lunar base for future astronauts, according to scientists. Researchers said this is the first lunar tunnel to be discovered that could be accessible to humans. Previous caves found on the moon do notContinue Reading
New plans for Liverpool waterfront regeneration submitted by developers
Plans to regenerate parts of Liverpool’s historic northern waterfront have been submitted by developers. Central Docks, a 60-hectare industrial brownfield site spanning 2.3km of dockland north of the city centre, will be open to development by owners Peel Waters, under the plans submitted to Liverpool City Council on Monday. ItContinue Reading
Unions demand ‘oven ready’ workers rights laws in Starmer’s first King’s speech
Trade union leaders have laid out their demands to Keir Starmer for the King’s Speech for “oven ready” legislation to reverse Tory anti-strike laws. With 35 bills set to be contained in Labour’s first legislative programme in 14 years which will be read out by King Charles on Wednesday, thereContinue Reading
The world’s rarest whale has never been seen alive – scientists may have a breakthrough
There has never been a live sighting recorded of the spade-toothed whale. No one knows how many there are, what they eat, or even where they live in the vast expanse of the southern Pacific Ocean. Scientists in New Zealand may have finally caught a break in the search forContinue Reading
Strictly Come Dancing is in crisis – its days of being the nicest show on TV are over
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails For 20 years, Strictly Come Dancing has been the glittering jewel in the BBC’s weekend TV line-up. Part of the show’s magic lies in its unique ability toContinue Reading
Emma Raducanu speaks out on meeting Princess Kate and Charlotte at Wimbledon
Emma Raducanu says it was ‘very nice’ to meet Princesses Kate and Charlotte at Wimbledon this year. The British tennis star revealed that it was her third meeting with Kate, the Princess of Wales, while it was the first time she had met Charlotte. Princess Kate was making only herContinue Reading
Government cuts NatWest stake below 20% after latest share sale
The Government’s stake in NatWest Group has dropped to below 20% for the first time since the bank was nationalised in the 2008 financial crisis. A stock exchange announcement on Monday confirmed that the Treasury’s stake in the bank is now 19.97%, down by a little under one percentage point.Continue Reading
Top Tory calls for Rishi Sunak to stay as party leader until November as succession battle looms
A senior Tory MP has called for Rishi Sunak to stay as Conservative leader until the end of November as the battle to replace him takes shape. Shadow foreign secretary Andrew Mitchell said it is important to “run the contest long” to ensure leadership candidates “come under scrutiny both byContinue Reading
Recruiter Robert Walters cautions jobs market recovery unlikely before 2025
Recruiter Robert Walters has become the latest firm from the sector to reveal the impact of an ongoing global hiring slowdown and said a recovery was not likely until 2025. The group reported a 15% slump in gross profit to £84.8 million in the second quarter to June 30, leavingContinue Reading