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ECONOMY
Antofagasta joins fellow mining firms in cutting half-year dividends
Antofagasta has become the latest mining giant to slash its interim dividend payments following a deterioration in profits.Investors in the London-listed Chilean miner will receive a payout of 9.2 cents per share compared to a record 23.6…
Porsche Taycan beats Tesla Model S time to set new Nürburgring record
When it comes to bragging rights in the automotive world there are few bigger than holding the lap record around the Nürburgring Nordschleife.When it comes to the fastest time recorded to complete a lap of the fearsome 12.9-mile circuit in…
Entain agrees to buy Croatia’s biggest bookmaker for €600m
Entain has revealed a new venture and the acquisition of a major bookmaker as part of plans to expand its presence across continental Europe.The Ladbrokes and Coral owner has teamed up with Czech investment firm EMMA Capital to create…
Coca-Cola HBC profits dive as Russia exit costs bottler £161m
Coca-Cola HBC has seen earnings tumble by about a third following its decision to drastically scale back its operations in Russia.The London-listed group revealed that first-half net profits declined by 34.4 per cent to €152.9million even…
Areas of Britain where availability of electric car charging points has SHRUNK
Three in five local authorities are behind schedule in their rollout of public electric car charging points - and some have even seen their networks shrink in the last 12 months, according to a new report.There are just over 32,000 public…
House prices are still rising despite higher interest rates, Rics estate agents say
A lack of homes coming to the market is continuing to drive up house prices despite a slowdown in demand from buyers, according to estate agents. Enquiries from potential buyers fell 25 per cent in July compared to the same time last…
BUSINESS LIVE: Entain buys rival; Coca-Cola HBC €190m Russia hit
The FTSE 100 is down 0.5 per cent in afternoon trading. Among UK companies with reports and updates are Entain, Coca-Cola HBC, Antofagasta and M&G. Read the Thursday 11 August Business Live blog below.> If you are using our app or a…
Energy debt is three times higher than last September
Household energy debt has hit at an all-time high of £1.3billion – nearly three times higher than it was in September, new data shows. Six million households are already behind on their energy bills by more than £200 since Ofgem's…
M&G shares jump as client capital returns with £1.2bn of inflows
M&G has cheered a bounceback in investor flows, with clients depositing £1.2billion with the investment manager in the first six months of 2022.The volume of inflows represents a turnaround from withdrawals of £2billion 12 months…
Over 500k learners still waiting to sit driving tests as lockdown backlog remains
More than half a million learners are on still on a waiting list to sit their practical driving test as the push to clear the huge backlog built up during lockdowns has yet to be cleared, it has been revealed.As of the end of May, some…
