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The Latest Breaking News from Shore Capital

Ocado shares fall 17% after US partner announces warehouse closures

Online grocer had a deal with Kroger to build 20 customer fulfilment centres but three of the sites are to close

The Guardian - UK

Copper and oil gains aid FTSE 100 after lacklustre opening

The FTSE 100 index closed up 27.11 points.

Evening Standard

Outsourcing firms likely to signal lower revenues as NI changes weigh on costs

Capita and Serco are both predicted to point towards dips in sales when they provide trading updates for shareholders next week.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

FTSE 100 Live 06 November: Stocks and Bitcoin surge on Trump trade, M&S profits beat hopes

Bitcoin, the US dollar and stock markets have surged as traders position for Donald Trump’s return to the White House.

Evening Standard

HSBC exits Argentina nursing $1 billion in losses

Argentina exit followers earlier Mexican cocaine scandal

Evening Standard

Hit shows such as Mr Bates could bring a dramatic improvement in ITV’s fortunes

With results due this week in a sinking ad market, the show was a timely reminder of what broadcast TV can do

The Guardian - UK

Tesco 'admits defeat' as it sells bank arm to Barclays in £700m deal

Tesco has sold its banking arm to Barclays in a £700 million deal that signals a wider retreat from financial services by the big UK grocers.

Evening Standard

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'Supply is there but the prices are high' - Consett greengrocer caught up in supply shortages

Supermarkets limit how many salad items customers can buy as 'perfect storm' of weather and costs cause challenges

Chronicle Live

Aldi, Tesco and Asda fruit and veg shortages could spark 'sky-high' prices

Clive Black, an analyst at broker Shore Capital, said Brits will have to pay sky-high prices to tomatoes and cucumbers as he warned that restrictions to supplies could drag on for 'weeks'

Daily Mirror

musicMagpie's Walmart deal pleases analysts and investors as shares jump

Shares in musicMagpie have risen to their highest levels since August 2022

Birmingham Post

Demand at UK’s biggest pawnbroker at record high amid cost of living crisis

Borrowing from H&T Group exceeds pre-Covid high with no relaxation of lending criteria

The Guardian - UK

Tax breaks could lead to more than £8bn of North Sea projects

Investment incentives in the chancellors windfall levy could accelerate oil and gas developments

Insider UK

Sunak’s tax breaks could lead to more than £8bn of North Sea energy projects

Analysts’ forecast comes as campaigners warn windfall tax package could harm climate efforts

The Guardian - UK

City praise for Hull food giant Cranswick's performance against 'strong headwinds'

Analysts have digested this week's results from the "high-class act" delivering "outstanding achievement"

Birmingham Post

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