Clarks cuts 1,200 jobs and records £39m loss
Clarks cut over 1,200 jobs and reported a £39.2m pre-tax loss in 2024, with revenue falling to £901m. The company aims for recovery in 2025.
Category : Finance
AI Datacentre Spending Spree Fuels Bubble Fears
Tech giants' $3tn AI datacentre spending spree raises bubble fears, with Nvidia hitting $5tn and warnings of debt-fuelled excess.
Diomande deal may unlock Tchouameni for United
Real Madrid are closing in on a £100m transfer for Yan Diomande, which could enable Manchester United to sign Aurelien Tchouameni as a replacement for Casemiro.
Saverin's £24.3bn net worth draws Liverpool interest
Facebook co-founder Eduardo Saverin has been approached by a consortium seeking to purchase a minority stake in Liverpool FC. His net worth would make him the third-richest Premier League owner.
Warning: 62 Million UK Savers Losing Value to Inflation
Personal finance experts warn 62 million UK adults earn 2.5% or less on savings, losing real value as inflation erodes purchasing power. £502 billion sits in low-interest accounts.
Unclaimed EuroMillions Prize of £124,067 in Greater Manchester as Deadline Approaches
A EuroMillions ticket worth £124,067 bought in Wigan on Jan 2 remains unclaimed; deadline July 1. Other UK prizes also unclaimed.
Littler Faces £470k Tax Bill on £1m Prize, Eyes Quick Cash in Bahrain
Luke Littler loses over half of £1m world title prize to tax, but can win £30k at Bahrain Darts Masters starting Jan 15.
Chiesa Commits to Liverpool, New Role Under Iraola
Federico Chiesa says he isn't thinking about a transfer and reveals new manager Andoni Iraola wants him to play as a striker for Liverpool.
Rangers draw with West Ham as Aasgaard injury worries McInnes
Rangers ended pre-season with a 0-0 draw against West Ham, but Thelo Aasgaard's shoulder injury and visa issues for new signing Vanja Dragojevic marred the friendly at Ibrox.
Newcastle's Youth Focus vs Keegan's Mixed Approach
Newcastle United's summer signings of four youngsters, including Aladji Bamba for £34m, highlight a risky youth policy that contrasts with Kevin Keegan's successful blend of experience and potential.
Football finance special: academy sales, job cuts and the Super League
Podcast special on football finance: academy loopholes, Man Utd job cuts, Super League, Bordeaux decline, Mbappé buying club, Coogan as McCarthy.
Gabriel Langton spotted after horror Commonwealth Games fall
Gabriel Langton has been seen for the first time since his horrific fall at the Commonwealth Games, with teammates giving him his own medal ceremony.
Early ISA Investing Could Boost Wealth by £83,000
Investing in a stocks and shares ISA at the start of the tax year could yield £83,000 more over time, studies show.
Foden Signs New Four-Year Deal with Manchester City
Phil Foden signs new four-year Manchester City contract, extending stay until 2030. He aims to win more under Enzo Maresca.
Gran wins £142,857 on Postcode Lottery 60 years after winning her home
Pamela Hiscocks, 79, wins £142,857 on Postcode Lottery 60 years after winning her bungalow in a competition. She shares £1m pot with six neighbours.
Anthropic Surpasses OpenAI with $1 Trillion Valuation on Secondary Market
Anthropic hits $1 trillion valuation on Forge Global, overtaking OpenAI's $880bn. Investor demand surges amid revenue growth and Claude Code adoption.
Joshua Fix Allegations After Prenga Fight: Jordan
Simon Jordan claims Anthony Joshua's win over Kristian Prenga was suspicious after Prenga dropped Joshua twice in round one then lost in round two.
Mechanic Hails 20-Year-Old Ford Focus as One of UK's Most Reliable Used Cars
A mechanic claims the 20-year-old Mk1 Ford Focus is one of the UK's most reliable used cars, praising its simple design and affordability.
State Pensioners Can Boost Income by £727 a Year
State pensioners can gain £727.48 a year for life by deferring their state pension for 12 months, avoiding tax if still working, HMRC confirms.
£5.1m National Lottery Lotto Draw Results Announced
Winning numbers for Wednesday's £5.1m National Lottery Lotto jackpot: 43, 37, 29, 23, 27, 47. Thunderball numbers also revealed.
Lanfine enters administration after 25 years
Lanfine, a Glasgow-based textile manufacturer, has gone into administration on July 10, 2026, after 25 years in business, according to The Gazette.
Man Utd's Trondheim trip: Pizza, Solskjaer, low crowd
Manchester United celebrated their 5-0 win over Rosenborg with pizza in the dressing room, met Ole Gunnar Solskjaer, and faced sparse attendance due to local fan boycott.
Labour MPs Urge Chancellor to Expand Credit Unions for Affordable Loans
Labour MPs urge Chancellor Rachel Reeves to expand credit unions to boost affordable credit for low-income people, citing cost of living crisis and bank retreat.
Woman cleared £30,000 debt by living in London hostel
Zahra Khozema, 23, swapped her £500 flat for a hostel bunk in Notting Hill to afford an unpaid internship and paid off £30,000 in a year.
Two UK Winners Split £126m EuroMillions Jackpot
Two UK ticket-holders share £126m EuroMillions jackpot with a French player, each winning £41.8m.
National Lottery £3.8m Jackpot Up for Grabs in Saturday Draw
National Lottery Lotto jackpot of £3.8m on Saturday April 11. Double rollover, draw at 8.15pm. Win a life-changing prize.
Rangers vs West Ham: Pre-Season Friendly at Ibrox, July 26
Rangers face West Ham in their final pre-season friendly at Ibrox on Sunday July 26. No TV coverage; stream via Rangers TV for £8.99. Kick-off 4pm BST.
F1 Announces Malaysian GP Return in 2026
Formula One confirms Malaysia will return to the F1 calendar in 2026 for the first time since 2017, replacing a current Grand Prix.
Retirees warned of costly Social Security mistakes
Financial advisers highlight three common Social Security mistakes—early claiming, tax surprises, and inflation neglect—that can cost retirees thousands.
Jeremy Jacquet's Liverpool Absence Explained
Liverpool left Jeremy Jacquet out of their pre-season squad due to a shoulder injury, with Andoni Iraola saying they will take it easy on the 21-year-old French defender.
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