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FTSE 100 Soars to Historic Peak as Rate Cut Hopes Fuel Market Rally

London’s blue-chip FTSE 100 index reached unprecedented heights today, hitting a new all-time high of 8,496.42 as investors bet on aggressive interest rate...

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UK Corporate Hiring Slump: Major Companies Signal Sharpest Workforce Reduction Since COVID Era

In a significant shift in the UK employment landscape, large British businesses are preparing for their most aggressive hiring cutbacks since the COVID-19...

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PageGroup Faces Second Profit Warning Amid European Market Downturn and Strategic Job Cuts

In a significant development that underscores the ongoing challenges in the global recruitment sector, PageGroup, the prominent British recruitment firm, has issued its...

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Kalshi’s Evolution: From Election Betting Pioneer to Multi-Market Prediction Platform

In a significant development today, Kalshi, the first CFTC-regulated prediction market platform, has appointed Donald Trump Jr. as an adviser, marking a notable...

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Dollar Surges to Multi-Decade High as Markets Doubt Fed Rate Cuts for 2025

The U.S. dollar reached towering heights on Monday, driving its peers to multi-year lows after a robust U.S. jobs report prompted investors to...

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Hedge Funds Ramp Up Bearish Positions as Strong Jobs Data Rattles U.S. Markets

In a significant shift in market sentiment, global hedge funds substantially increased their bearish positions on U.S. equities in the week leading up...

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UK Retail Sector Faces Perfect Storm as £7bn Cost Surge and Consumer Confidence Plummet in 2025

The British retail sector is grappling with unprecedented challenges as it enters 2025, facing a projected £7 billion surge in operational costs amid...

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Dow Suffers Worst Start to a Year Since 2016 as Strong Jobs Report Dampens Rate Cut Hopes

The first two weeks of 2025 have proven challenging for U.S. stock markets, with the Dow Jones Industrial Average experiencing its worst start...

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UK Mortgage Market Faces Uncertainty as Government Borrowing Costs Hit 27-Year High

The UK mortgage market is experiencing renewed turbulence as government borrowing costs have surged to their highest level in 27 years, throwing expected...