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British Steel collapses with 25,000 jobs at risk
British Steel has been placed into compulsory liquidation, putting up to 25,000 jobs at risk.
520 jobs at risk as Sir Philip Green plans 23 store closures
Sir Philip Green is on course for a fresh clash with regulators after his Arcadia retail empire launched a rescue plan which would see 23 stores shut and its pension scheme contributions slashed.
Former BT chief Patterson gives up £500,000 bonus
The former chief executive of BT Group has waived half of his £1m annual bonus for his final year at the helm amid a fresh escalation of shareholder hostility towards multimillion pound pay deals at blue-chip companies.
Royal Mail delivers dividend disappointment to posties
Royal Mail has delivered disappointing news today to the 400,000 or so private investors and employees who own its shares by announcing a cut in the dividend.
Gas network fined £44m after leaving homes cut off and losing hundreds of records
Gas distribution firm Cadent has been fined a record £44m after leaving customers disconnected, failing to pay compensation, and losing records for 775 high rise flats in its network.
UK chip designer Arm hangs up on under-fire Huawei
UK chip designer Arm Holdings has cut off relations with Huawei to comply with tough US sanctions against it, dealing a blow to the Chinese firm's ability to develop new smartphones.
Pret a Manger to buy and convert Eat stores into vegetarian outlets
Pret a Manger says it has agreed to buy fellow food and drink retailer Eat - and will convert many of its outlets into "Veggie Prets".
Energy bill hikes push inflation to highest level this year
Increased household energy bills pushed the rate of inflation to its highest level this year in April - rising to 2.1%.
M&S plots food store growth as annual sales and profits fall
Marks & Spencer (M&S) has made a series of adjustments to its store closure programme as annual results show sales and profits falling.
Italian fashion house Prada to stop using fur from next year
Italian luxury fashion house Prada has announced it will stop using animal fur from next year.
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