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FTSE 250 lifted by M&A activity, Royal Mail deal

(Alliance News) – Stock prices in London opened higher on Monday, with the large-cap FTSE 100 index boosted by commodity stocks and the mid-cap FTSE 250 lifted by prospective dealmaking. The FTSE 100 opened up 41.10 points, 0.5%, at 7,913.01. The FTSE 250 was up 149.87 points, 0.8%, at 19,392.56, …

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Which British workers are heading for industrial action?

June 29 (Reuters) – Britain faces a summer of disruption as workers across the economy struggling with the rising cost of living resort to strike action in disputes over pay and conditions. Below are some of the industries in which trade unions have either already announced strike action or are …

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Chariot inks hydrogen import deal with Port of Rotterdam

Chariot has signed a memorandum of understanding with the Port of Rotterdam, it announced on Wednesday, as part of its planned green hydrogen project in Mauritania. The AIM-traded firm said the memorandum was a “first step” towards establishing supply chains to import green hydrogen and ammonia to meet expected demand …

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UK shares slide as inflation, Omicron risks grow

The benchmark FTSE 100 index declined 0.5% in morning trade, diverging from its Asian peers, while the domestically focussed mid-cap index fell 0.7%. Bank of England (BoE) Governor Andrew Bailey said on Wednesday that the economic impact from COVID-19 still remains strong, while noting the inflationary pressure from supply chain …

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