Category: warn
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Experts Warn Of 6-Month Slump To $73,000
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This article is also available in Spanish. Bitcoin price has decreased more than -8.8 % since Friday when Bybit suffered from the largest psalm in history. The leading digital assets reached 99,493 dollars at the end of last week, only to decline to about 91,500 dollars at the time of…
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Fears grow over Workers’ Rights Bill as small firms warn of job cuts
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Small companies across the United Kingdom urge the government to expand the proposed employment rights bill, warning that comprehensive changes may hinder employment and cause widespread work losses. The Federation of Small Companies (FSB), which represents thousands of employers throughout the country, claims that plans – including the expanded reasons…
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Public sector pay gap endangers UK’s cybersecurity, experts warn
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The growing gap between the salaries of the private sectors and the public sector of cybersecurity professionals in the United Kingdom is undermined, according to a new research conducted by the Naoris Protocol. The Blockchain-based internet company warns that talented cyber experts are away from government roles due to low…
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California officials warn against price gouging as rents soar in fire-stricken Los Angeles
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Breadcrumb links PMN BMN Business Article writer: Associated Press Janie Haas Posted on January 18, 2025 • Last updated 4 hours ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Pedestrians help a firefighter extend a…
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West End retailers warn of shop closures as business rates surge
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Retailers in London’s West End have warned that new business rates reforms could lead to store closures and job losses, as the prime shopping district faces a collective £44.5 million rise in property bills next year. New West End, which represents 600 retail, hospitality and leisure businesses in the area,…
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Small businesses warn of layoffs as new employment rights bill prompts worry
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Almost every small business in the UK is preparing to cut staff in the wake of proposed changes to employment law, according to a survey by the Federation of Small Businesses (FSB). The survey of 1,270 companies found that 92 per cent feared the new legislation would undermine recruitment and…
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Bitcoin Could Crash To $70,000, Warn Leading Financial Analysts
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This article is also available in Spanish. The recent rejection at the $100,000 level has led to a wave of warnings from top financial analysts, who warn that Bitcoin may be poised for a major pullback towards the $70,000 region, or even $60,000 in some cases. Ali Martinez (@ali_charts), cryptocurrency…
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As Bitcoin Hits $100,000, Analysts Warn Of Potential Pullback Amid High Funding Rates
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Bitcoin recently made headlines by breaching the $100,000 barrier for the first time, a feat that has contributed to increased trading and strategic hedging activity among investors. According to Bloomberg a reportThis increase has prompted some traders to seek protection against potential price declines, as demand for put options –…
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
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Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has announced a further loss of £18.3m, raising fresh concerns about its financial sustainability. Auditors warned that the company still relied on ongoing support from its parent, Ineos, to survive. Despite the jackets selling for up to £2,125,…
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
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Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has announced a further loss of £18.3m, raising fresh concerns about its financial sustainability. Auditors warned that the company still relied on ongoing support from its parent, Ineos, to survive. Despite the jackets selling for up to £2,125,…
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Budget tax rise puts two in five UK hair salons at risk of closure, warn industry leaders
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The UK hair salon industry faces an uncertain future, with two in five salons at risk of closing due to rising staffing costs outlined in last month’s Budget. Industry leaders, including Carla Whelan, chief executive of Regis and Supercuts salon groups, have expressed concerns about the “devastating” impact of increased…
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Berry Bros & Rudd families warn inheritance tax changes threaten legacy of historic wine business
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The Berry and Rudd families, owners of prestigious London wine merchant Berry Bros & Rudd, have raised concerns about recent inheritance tax reforms which could threaten the future of their 376-year-old business. The Labor government’s proposed 50% cut in commercial property relief – which allows family-owned businesses to pass on…
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Suppliers warn farming inheritance tax will jeopardise UK food security
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Farming leaders and suppliers are warning that Chancellor Rachel Reeves’ inheritance tax on farming assets exceeding £1m could undermine Britain’s food security, making the UK more dependent on foreign imports. Business leaders, including Nigel Murray, managing director of Booth Supermarkets, have expressed concerns that the tax changes could erode incentives…
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Suppliers warn farming inheritance tax will jeopardise UK food security
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Farming leaders and suppliers are warning that Chancellor Rachel Reeves’ inheritance tax on farming assets exceeding £1m could undermine Britain’s food security, making the UK more dependent on foreign imports. Business leaders, including Nigel Murray, managing director of Booth Supermarkets, have expressed concerns that the tax changes could erode incentives…
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UK at ‘massive global disadvantage’ over tourist tax, retail bosses warn Rachel Reeves
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Retailers have called on Chancellor Rachel Reeves to scrap the so-called “tourist tax”, warning that Britain is losing billions in economic growth as tourists choose to shop elsewhere in Europe. In a letter signed by more than 300 chief executives, including leaders from John Lewis, British Airways, Fortnum & Mason…
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POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction
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Many market watchers are indicating that the memecoin Popcat (POPCAT) is about to surge towards a new all-time high (ATH). As the currency attempts to reclaim key resistance levels, some analysts warn that the cat-themed memecoin could see a correction soon towards its monthly open. Popcat retests $1.4 resistance level…
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UK risks losing AI leadership without a national data strategy, experts warn
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The UK risks losing its leadership position in artificial intelligence (AI) without a clear national data center strategy, a major player in the sector has warned. Data centers, essential for running cloud computing and artificial intelligence applications, are becoming central to the digital economy. However, without a coherent plan, the…
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IRA warn banks selling non-existent insurance
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Banks that run insurance businesses will have to pay all outstanding insurance premiums before getting new bancassurance licenses amid suspicions that they are holding cash from customers, which could render policies invalid. The Insurance Regulatory Authority has written to all bancassurance intermediaries – banks and microfinance banks that sell insurance…
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Christmas food supplies at risk as new eu border rules threaten chaos, logistics leaders warn
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Christmas food deliveries in the UK are at risk as new EU border checks could disrupt the flow of fresh goods, the UK’s logistics body has warned. The trade group is sounding the alarm over the EU’s upcoming Entry and Exit System (EES), due to launch on November 10, which…