The Independent Companies
FTSE down but off lows as oil price drops amid Iran war peace talks hope
In London, the FTSE 100 index ended down 31.69 points, 0.3%, at 10,733.00.
The Wire
The financial desks we read, gathered in one place. Stories we are licensed to carry are reproduced in full with the writer credited; everything else is a headline and a short quotation that links straight to the publisher.
Companies — 329 stories
The Independent Companies
Thames Water lenders to appoint Lord Hutton as independent chair in takeover bid
The former business secretary would take up the role if the group’s rescue bid is given approval.
The Independent Companies Full text
Tell us how you’re going to pay for defence spending, Badenoch urges chancellor ahead of Budget
Conservative leader accuses Labour of seeking to kick tough decisions on spending into long grass
The Independent Companies
UK inflation expected to have accelerated in September after fuel surge
The September inflation rate will be watched closely by economists as it is typically used to decide the level that many benefits will increase.
The Independent Companies
Paddy Power owner Flutter unveils cuts to 1,400 jobs after UK gaming tax hike
Gambling giant Flutter said the proposed cuts will impact workers in Leeds and Dublin - as well as UK staff based in Portugal and Romania
The Independent Companies
Badenoch takes aim at Healey over public finances ahead of Budget
Conservative leader Kemi Badenoch said Labour was seeking to kick tough decisions on spending into the long grass.
The Independent Companies
Revolut services down as Google Cloud apologises for outage
The fintech, which has millions of customers in the UK, was flagging issues affecting multiple services.
The Independent Companies
Thames Water lenders to appoint Lord Hutton as independent chair in takeover bid
The former business secretary would take up the role if the group’s rescue bid is given approval.
The Independent Companies
UK’s jobless rate falls but shrinking vacancies a ‘bitter blow’ to jobseekers
However, the number of vacancies available to workers has seen its biggest decline since the start of the year as job opportunities dry up.
The Independent Companies
UK unemployment falls to lowest in a year — but vacancies hit five-year low
The ONS’s data also showed a boost for average wage growth across the UK workforce.
The Independent Companies
Wickes reveals faster sales growth amid ‘mild’ price inflation
Chief executive David Wood said the group is on track to meet profit guidance for the year.
The Independent Companies Full text
Healey rejects calls to raise capital gains tax at the Budget
The Chancellor has faced a barrage of voices urging him to raise the tax, which applies to the profit made from selling off assets.
The Independent Companies Full text
Singletons want to meet in real life – we’re embracing that, says Tinder boss
The chief executive of Match Group said Tinder has undergone a turnaround after years of declining usership.
The Independent Companies Full text
Healey should adopt cuts at Budget to ‘live within our means’, Badenoch to say
The Conservative leader will urged Andy Burnham and his Chancellor John Healey to ‘live within our means’, by adopting cuts across Government.
The Independent Companies
European stocks dip as French riots spark concern
In London, the FTSE 100 Index ended down 117.21 points, 1.1%, at 10,764.69.
The Independent Companies
Three things to watch on stock market this week after sharp fall in tech share prices
AI compute firm Coreweave dropped by more than a quarter last week
The Independent Companies
Staff at Britain’s grid operator did not cover up blackout risks, probe finds
The National Energy System Operator was being investigated over allegations raised by whistleblowers.
The Independent Companies
Union claims strike by offshore workers could disrupt fuel supplies
The workers from oil and gas operator Apache are due to down tools for 24 hours.
The Independent Companies
UK mortgage deals disappear at fastest pace on record
Mortgage deals are being pulled after less than two weeks
The Independent Companies
Mulberry sales lift 18% as turnaround progress accelerates
Boss Andrea Baldo said he was ‘very pleased’ with recent progress by the business.
The Independent Companies
Online tax crackdown must not ‘unfairly’ hit small UK businesses, eBay boss says
Chancellor John Healey is expected to reform the way tax is collected on online marketplaces as part of his upcoming Budget.
The Independent Companies
UK profit warnings soar to two year high ahead of autumn Budget
Almost a fifth of list companies, 17 per cent, have issued at least one profit warning over the past 12 months
The Independent Companies
eBay boss issues warning to Labour government over online tax crackdown
Chancellor John Healey plans to use his upcoming Budget to make digital platforms directly responsible for collecting VAT owed by all merchants trading on their sites
The Independent Companies
Viagogo calls for ticket market overhaul after Raye’s ‘absurd’ anti-bot measures
The group has blamed primary ticket sellers for the rise in touts using bots to buy up tickets.
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