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Pressure grows on Britain's fuel retailers to cut petrol and diesel prices

The price of oil has collapsed from more than £40 at the beginning of March to just £24 a barrel last week, leading to heavy falls in the wholesale prices of petrol and diesel.




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Mother with MS has disability benefits axed after JobCentre staff received fraud claim tip off

A mother who suffers with multiple sclerosis is accusing the DWP of wrongly cutting her off from disability benefits after JobCentre staff received a fraud claim tip-off (pictured, Clare Slater).




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Exclusive stores boast an abundance of fresh organic food - as long as you're willing to pay it

Staple vegetables such as potatoes, carrots, onions and cabbage - which have vanished from the shelves of Sainsbury's and Asda - were on display at Harrods, but at vastly inflated prices.




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Parents claim supermarkets have stopped them from shopping with their children

Major stores have limited the number of people allowed inside a supermarket at once, with others asking customers to remain at least two metres apart amid the UK's coronavirus outbreak.




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Aldi, Morrisons and Waitrose become first supermarkets to ease product restrictions

All the major supermarkets imposed restrictions this month keep shelves full after Brits panicked due to the pandemic and stocked up on supplies.




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Asda security guard pays no attention to social distancing rules by manhandling shopper out of store

The filmer, 31, who wished to remain anonymous, witnessed the bust-up at her local Asda supermarket in Tunbridge Wells, Kent, at around 2pm yesterday.




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Elderly man shocks shoppers as he browses supermarket aisles wearing a SANITARY TOWEL as a mask

The shopper was spotted in an Asda supermarket in Fife, Scotland, wearing a sanitary towel over his face as a mask. Shocked fellow shoppers did double takes and one took a video of the unusual mask.




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Marcus Rashford reveals his charity work has raised £20MILLION for vulnerable kids in Manchester

Manchester United striker Marcus Rashford has revealed that his charity work has raised £20million for vulnerable children in Manchester.




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Moment teenage driver tries to outrun police in a Nissan Micra with his pregnant girlfriend in car

Jordan Archer (pictured), 18, Blyth, Northumberland, pleaded guilty to two counts of dangerous driving, having no insurance and driving otherwise in accordance with a licence.




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Household finances drastically hit by the coronavirus lockdown

The IHS Markit UK Household Finance Index, which measures households' perceptions of their financial wellbeing, plummeted to a reading of 34.9 in April from 42.5 in March.




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The great oil price crash: Brent crude benchmark hits 21-year low in wake of drastic US slump 

Brent crude, which is extracted from the North Sea and serves as an international benchmark, fell to $18.10 a barrel.




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Fevertree share price jumps Britons buy drinks at convenience stores

Shares in AIM-listed Fevertree, which outsources most of its operations, rose over 13 per cent this afternoon after the group said the in-store arm of its business remained 'robust.'




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Laura Ashley rescued: Administrators agree deal with Gordon Brothers

The fashion and homeware store went bust last month after it failed to raise emergency cash from its owners, becoming the first household name to fall victim to the coronavirus lockdown.




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Ocado accused of 'profiteering' from the coronavirus crisis

Online supermarket Ocado removed 11,087 promotions and hiked the base price of 918 products between March 4 and April 8. Founder and chief exec Tim Steiner's stake is worth some £480m




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Insurance giant Hiscox set to be hit with £142m virus bill

The Hiscox Action Group, representing more than 180 firms says the insurer has issued 'blanket' rejections, knocking back thousands of legitimate claims.




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MARKET REPORT: Slump in electricity demand shocks Centrica's shares

The utility giant was among the biggest fallers on the FTSE 100 after US investment bank Jefferies downgraded its stock from 'buy' to 'hold' and slashed earnings forecasts by a third.




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MARKET REPORT: Housebuilders on rise as sites prepare to reopen

Taylor Wimpey was the top riser on the FTSE 100 after it said it was still selling homes virtually, adding its order book was at £2.7bn at the end of last week, up from £2.4bn the same time last year.




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Just Eat's £6.2bn merger with Takeaway.com is cleared by watchdog 

The online food delivery firm's merger got the go-ahead from the Competition and Markets Authority, who was 'satisfied there are no competition concerns' after its probe of the deal.




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SMALL CAP MOVERS: AIM-listed companies raise £500m to cope with coronavirus crisis

From the market low on 18 March to the start of the Easter weekend on 9 April, junior market-listed firms announced over £500million of funding.




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Persimmon to restart construction work within days

The company said it will resume building from April 27. Workers will follow strict social distancing rules - except for work deemed 'essential' that requires them to stand closer together.




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Britain's economy sinks into deep-freeze as output plummets

The closely-watched Markit/CIPS Flash UK Composite Purchasing Managers' Index fell to a new record low of 12.9 - down precipitously from an already low reading 36 in March.




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Will Sainsbury's bail out its own bank?

Experts at Barclays have speculated that the supermarket chain could be forced to 'inject capital' into Sainsbury's Bank.




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EasyJet on course for a rescue cash battle with Stelios

EasyJet is heading for its biggest showdown yet with Sir Stelios Haji-Ioannou amid growing speculation in the City that the airline may ask investors to stump up rescue cash.




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American hedge fund Citadel in £275m bet against UK grocers

The move by Citadel suggests Britain's supermarket chains might not be immune to the coronavirus outbreak, even though their shares have held firm so far.




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Sportswear firm Adidas suffers hit as profits slump 93%

The German sportswear firm warned its sales would slump 40 per cent in the second quarter despite China emerging from lockdown, and surging performance online.




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Easyjet bosses set for showdown with founder Haji-Ioannou

Following a row over the cost of new planes, Haji-Ioannou is trying to oust chief executive Johan Lundgren and chairman John Barton at an extraordinary shareholder meeting on May 22.




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MARKET REPORT: British pharma shines with coronavirus test

Novacyt has inked a deal with the Department of Health to provide it with 288,000 tests a week. And Omega Diagnostics has made fresh strides in the race to roll out antibody tests.




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Top executives seek help with mental health during lockdown

Paracelsus Recovery said the rise in requests was mostly from high-flying businessmen who were struggling to adapt to their new style of life.




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BP promises to pay a £1.7bn dividend despite 'brutal' environment

Many had been worried BP would have to cut or axe the payout after oil prices began tanking in late January. But the energy giant has raised the amount it will give to shareholders.




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British Airways planning 12,000 redundancies

Coronavirus has wiped out demand and IAG believes it will take several years for air travel to recover to 2019 levels.




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P&O owner begs for £150m bailout as it plans to give investors £270m 

Dubai-based DP World says P&O needs the emergency cash to avoid collapse during the virus crisis.




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British make-up brand Charlotte Tilbury at centre of £1bn bidding war

It is thought that the brand, founded by make-up artist Charlotte Tilbury, 47, (pictured to the right of human rights lawyer Amal Clooney) could fetch more than £1bn.




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MARKET REPORT: Fever-Tree shares lose fizz as co-founder quits

Over the last 17 years Rolls (pictured) and his business partner, chief exec Tim Warrillow , have transformed the market for tonic waters - and created a stock market darling.




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Aerospace industry facing its 'gravest ever crisis', says Airbus boss

On another bleak day for the sector, Airbus chief executive Guillaume Faury predicted it could take 'three to five years' for passengers to be as willing to fly as before the crisis.




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Twitter sales plunge 27% but users grow

The US social media group said 14m more users are using its platform every day compared to a year ago, taking the total number to 166m.




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Reckitt sees record sales bonanza of £3.5bn as pandemic boosts demand

Laxman Narasimhan, chief executive of Reckitt Benckiser, said sales of condoms had been hit in the UK and Italy - but not in China, where restrictions are being lifted.




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Elon Musk brands lockdown 'fascist' and claims it poses risk to Tesla 

Tesla's factory in Fremont, California, has been closed since March 24 as part of a government clampdown, requiring people to stay indoors to slow the spread of the coronavirus.




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Britain's manufacturers suffer record drop in output

As the economic toll of lockdown starts to rear its ugly head, employment, new orders and output in the sector fell at the fastest pace for 28 years last month.




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RBS sets aside £800m to pay for bad loans as profit falls almost 50%

RBS, which is changing its name to Natwest later this year, said the loss provisions dragged profit down by almost 50 per cent to £519m in the first three months of 2020.




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Manufacturing activity in eurozone at record low

The IHS Markit Manufacturing Purchasing Managers' Index gave a reading of 33.4 in April - significantly below the 50 mark which indicates activity was flat.




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O2 in £24bn merger talks with Virgin Media

The tie-up would transform the telecoms market overnight, creating a powerhouse to challenge former state monopoly BT.




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Big four audit firm Ernst & Young faces quiz over NMC role

The former FTSE 100 hospitals provider crashed into administration after a series of extraordinary revelations, including that it was harbouring billions of pounds in secret debt.




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Watchdog warns audit firms to up their game and stop misleading

The Financial Reporting Council has found most accounting firms are failing to assess whether their audits of major companies are any good until after they have already published them.




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Hiscox to raise £400m as it fights firms over coronavirus payouts

The insurance giant said it would sell up to 58m shares, which at last night's price of 692.4p would be worth £400m, collecting the money so it could 'respond to future growth opportunities'.




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Virgin Money suffers 60% drop in profits and gets ready for bad debts

The group admitted that around 12,000 of its credit card customers, or 1.2 per cent, were already seriously in arrears by three months or more before the pandemic.




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Ocado sales jump over 40% but shopper habits returning to 'normal'

The grocer said its decision to stop people ordering bottled mineral water helped it complete 6,000 extra orders a week.




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Pandemic wipes £1billion off Disney's quarterly profits

The US giant said it will reopen its Shanghai Disneyland park on May 11 but severely limit the number of guests and enforce strict social distancing measures on rides and in restaurants.




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BT scraps its dividend for at least 2 YEARS as it focuses on fibre broadband

Chief executive Philip Jansen, who recently recovered from Covid-19, said a new target of full fibre to 20 million homes by the mid to late 2020s is now in place.




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HAMISH MCRAE: Dividends are vital to economic demand

Does it really make sense for pensioners who, directly or indirectly, rely on their income from dividends to have those incomes further cut by Bank of England diktat?




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ALEX BRUMMER: ITV's streaming battle

ITV's chief exec Carolyn McCall has done the right things to limit the scarring. Some 800 workers have been furloughed, the dividend and executive pay have been cut and costs severely pruned.