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GSK insists it's 'well positioned' as Trump's pharma tariffs loom
By City AM
The FTSE 100 drugmaker said it was "well positioned" to tackle the impact of sector-specific tariffs as speculation mounts that President Donald Trump is preparing to target pharmaceutical imports
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Ladbrokes owner Entain appoints new permanent chief executive
By City AM
The new boss has twice served as interim CEO and is now stepping into the role on a full-time basis.
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HSBC shares rise after bank unveils $876m loan loss provisions amid trading chaos
By City AM
HSBC shares rose as the London-based bank unveiled its first quarter results, which showed a big jump in loan loss provisions amid escalating trade war tensions
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BP shares plunge as firm slashes buyback amid weakened oil market
By City AM
The British energy major said that the reporting period came before President Donald Trump's 'Liberation Day' on April 2, which saw sweeping tariffs imposed on all trading partners
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UK's major banks brace for earnings amidst Trump's tariffs and rate cuts
By City AM
The FTSE 100's 'Big Five' banks will deliver a combined £30bn in cash returns to shareholders in 2025, according to analysts.
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Lidl's ambitious plans to open in Britain's most exclusive neighbourhoods
By City AM
The budget supermarket has already opened in swanky Fulham and Balham as it looks to reach its target of 3,000 stores across Great Britain
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The Ivy owner Richard Caring slashes workforce as £1bn sale discussions continue
By City AM
The billionaire owner of the high-end restaurant chain has been considering a £1bn sale and the group has now published its financial accounts for 2023, seven months after the Companies House deadline
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Visual effects giant behind Disney's The Lion King owed staggering £100m before collapse
By City AM
Technicolor, the visual effects company which worked on films including Disney's The Lion King and Pinocchio when it collapsed into administration in the UK, owed more than £100m to creditors, it has been revealed
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Former Google employee named UK tech entrepreneur of the year
Technology
The data scientist turned founder scooped the accolade at the Black Tech Achievement Awards 2025
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M&S shares fall as cyber attack affects contactless payment and click and collect
By City AM
The FTSE 100 retailer said the cyber incident - which it first disclosed to the public on Tuesday - has affected some services
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Fevertree boss nets £1m payday after striking 'transformational' deal
By City AM
Tim Warrillow, the chief executive and co-founder of Fevertree, has been rewarded with a pay packet of more than £1m after striking a deal with Molson Coors
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Owner of Beryl electric bike scheme sees losses widen to more than £7m
Transport
The firm runs the rentable bike scheme in places including in Cornwall, London, Manchester, Leeds and the West Midlands
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Urine collected at London Marathon 2025 to be turned into fertiliser
Business of Sport
Bristol inventors are behind the plans at the annual sporting event
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St James's Place loses £3.3bn as investors continue to pile in
By City AM
The UK's largest wealth manager saw its assets under management fall during the quarter for the first time in years, as turmoil in the stock market impacted investments
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Asos shares drop despite online giant narrowing losses in turnaround plan
By City AM
Asos' share price has fallen by more than 94 per cent since its pandemic high in April 2021, and despite narrowing its losses, it still has a long way to go in its turnaround plan
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Balfour Beatty lands £670m contract to reconstruct part of major US highway
By City AM
The construction group's latest award follows on from a £575m contract with the Texas government in November to rebuild part of the Interstate 35 through Austin
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Richard Branson's children's bike sharing firm Beryl sees losses more than double
By City AM
Beryl, which is backed by Richard Branson's children, has posted a pre-tax loss of £7.5m for the 12 months to 31 March, 2024, compared to a pre-tax loss of £3.8m it reported for its prior financial year
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Domino's reports order growth and expects 'minimal impact' from Trump tariffs
By City AM
Domino's said that total sales rose 2.1 per cent to £393.3m in the first quarter of 2025, from £385.2m in 2024, while total orders rose 0.5 per cent to 17.8m, from 17.7m in 2024
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Unilever reports sales slump despite turnaround plan
By City AM
The consumer goods giant, which makes big-name brands such as Persil and Marmite, saw overall sales fall in the first quarter
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Astrazeneca CEO blasts Europe for 'putting health of its people at risk'
By City AM
CEO Pascal Soriot said Europe was "falling behind" in attracting investment and needed to "invest more in what really matters to it"
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Foxtons enjoys 'strong start to the year' as stamp duty completion rush drives up revenue
By City AM
The estate agent said that overall revenue rose by 24 per cent in the three months ended March 31, with a 73 per cent rise in sales revenue
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Enterprise Rent-A-Car UK boosts workforce by 700 as sales hit £2bn milestone
By City AM
Enterprise Rent-A-Car said its profit fell as a result of an increase in vehicle expense driven by an increase in average cost per unit and average monthly depreciation expense per unit
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Dettol and Durex maker Reckitt Benckiser profit rises despite North America slowdown
By City AM
Reckitt Benckiser has reported a rise in profit despite a slowdown in the North American market
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Hobbycraft to shut nine stores and axe up to 126 jobs
Retail
The restructure will also result in redundancies at its Bournemouth head office and distribution centre in Burton-on-Trent
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