{"id":6819,"date":"2023-08-24T10:56:44","date_gmt":"2023-08-24T10:56:44","guid":{"rendered":"https:\/\/latestnews.top\/2023\/08\/24\/business-live-hayss-new-boss-harbour-energy-james-cropper-ftse-edges-up\/"},"modified":"2023-08-24T10:56:44","modified_gmt":"2023-08-24T10:56:44","slug":"business-live-hayss-new-boss-harbour-energy-james-cropper-ftse-edges-up","status":"publish","type":"post","link":"https:\/\/latestnews.top\/business-live-hayss-new-boss-harbour-energy-james-cropper-ftse-edges-up\/","title":{"rendered":"BUSINESS LIVE: Hays’s new boss; Harbour Energy; James Cropper; FTSE edges up"},"content":{"rendered":"


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BUSINESS LIVE: Hays’s new boss; Harbour Energy; James Cropper; FTSE edges up<\/h2>\n

By This Is Money<\/a> <\/p>\n

Updated:<\/span>

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Among the companies with reports and trading updates today are Hays, Harbour Energy, Intertek and James Cropper. Read the Thursday 24 August Business Live blog below.<\/p>\n

> If you are using our app or a third-party site click here to read Business Live\u00a0<\/p>\n

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Aldi offers lifeline to Wilko workers and says it has 6k jobs open<\/h2>\n
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Aldi UK has called on Wilko workers fearful of losing their jobs to get in touch as the supermarket has over 6,000 store vacancies available.<\/p>\n<\/div>\n

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Aldi previously said it was creating 800 jobs in its new stores over the coming months and today added that it was also recruiting for a ‘large volume’ of other store roles across the country as its expansion continues.<\/p>\n<\/div>\n

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OSB Group tops FTSE 350 fallers<\/h2>\n
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Liontrust shares rise 10% in early trading<\/h2>\n
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Hays appoints new boss and warns of more job cuts<\/h2>\n
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Recruitment groups Hays has appointed insider Dirk Hahn as its new chief executive, while also seeing its profit fall in the last year and warning of fresh job cuts.<\/p>\n<\/div>\n

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This follows an announcement on 23 February that the company had started a process to identify a successor to Alistair Cox.<\/p>\n<\/div>\n

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Lord King says the time for interest rates hikes is over<\/h2>\n
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Former Bank of England<\/a> governor Mervyn King claimed yesterday the time for rapid interest rate increases is over as shock economic figures raised fears that Britain is heading for recession.<\/p>\n<\/div>\n

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The data showed private sector output shrank this month at the fastest pace since January 2021 when Britain was in lockdown<\/a>.<\/p>\n<\/div>\n

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Hays appoints new boss and warns of more job cuts<\/h2>\n
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Recruitment groups Hays has appointed insider Dirk Hahn as its new chief executive, while also seeing its profit fall in the last year and warning of fresh job cuts.<\/p>\n<\/div>\n

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This follows an announcement on 23 February that the company had started a process to identify a successor to Alistair Cox.<\/p>\n<\/div>\n

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Sterling and gilt yields fall as recession fears mount<\/h2>\n
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Sterling and gilt yields tumbled yesterday as mounting fears of recession saw investors scale back bets on where interest rates will peak.<\/p>\n<\/div>\n

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As central bankers headed to Jackson Hole in Wyoming in the US for their annual chinwag, a set of bleak reports showed private sector activity across Britain and the eurozone in sharp decline as inflation and rising borrowing costs take their toll.<\/p>\n<\/div>\n

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More homes hit lettings market as sales stall – so will rents go down?<\/h2>\n
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More homes are going up for rent, as stubborn owners increasingly shift from selling to letting when they don’t get the price they want.<\/p>\n<\/div>\n

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Two years of near-double digit rent increases have seen renting become increasingly expensive, with demand from tenants far outstripping the supply of homes.<\/p>\n<\/div>\n

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Hundreds of Wilko stores to close after rescue fails<\/h2>\n
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Hundreds of Wilko stores are set to close and thousands of staff will lose their jobs after talks to buy it collapsed without a rescue deal last night.<\/p>\n<\/div>\n

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The 93-year-old chain tumbled into administration this month \u2013 putting 400 stores and 12,000 jobs at risk.<\/p>\n<\/div>\n

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North Sea firm cuts UK production as windfall tax backfires<\/h2>\n
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North Sea oil and gas producer Ithaca Energy said the windfall tax has forced it to slash production in the UK.<\/p>\n<\/div>\n

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The FTSE 250 company said it was writing off \u00a358m as a direct impact from the levy, pushing it to scale back plans for the second half of 2023 and into 2024.<\/p>\n<\/div>\n

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The FTSE 100 index opened at 7320.53<\/h2>\n
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The pound at 8am was $1.2704 compared to $1.2713 at the previous close.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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