NEWS
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Hornby heading for a super Christmas with a stock of train sets, Scalextric cars and Airfix models
Model train maker Hornby is pinning his hopes on Christmas and has ramped up toy stocks. Last year’s supply chain issues prevented products from arriving after the holiday season, disappointing customers desperate for train sets, Scalextric cars and Airfix model airplanes. But Lyndon Davies, Hornby’s boss, says it is in a stronger position. He said:…
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Rising costs bring Dr. Martens in top position: British brand raises price of its classic boot to £169
Dr. Martens raises the price of its boots for a second year as it combats skyrocketing costs of labor, energy and supplies. The British bootmaker, whose classic lace-up design costs £159 a pair, adds £10 to the price. It came as its shares crashed 22.7 percent, or 65 pence, to 221.7 pence as it warned…
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BP still hasn’t sold its stake in Russian oil giant Rosneft
The windfall tax has been at the center of discussions about BP for months. But behind closed doors, another scandal is simmering. The FTSE 100 giant has still not given up its stake in Russian oil giant Rosneft, despite pledging to leave nine months ago. Activists and politicians attacked it last night for its “business…