Money Moves

Shein to open its first permanent outlets in France

Shein to open its first permanent outlets in France

Asian fast-fashion retailer Shein has announced plans to establish its first permanent physical outlets in France. The initial locations will be concessions within department stores in Paris, followed by additional stores in Dijon, Reims, Grenoble, Angers, and Limoges. Shein described France as a “natural choice” for this expansion, citing its significant global fashion influence. Previously,

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Thames Water lenders submit rescue plan to stave off collapse

Thames Water lenders submit rescue plan to stave off collapse

Thames Water’s lenders have proposed a rescue plan aimed at preventing the collapse of the UK’s largest water company. The consortium, London & Valley Water, has suggested measures that would involve writing off approximately one-third of the company’s nearly £20 billion debt and investing to enhance services. Concerns about Thames Water’s viability have persisted for

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Funding shortage forces Didcot food bank to make changes

Funding shortage forces Didcot food bank to make changes

Volunteers at Didcot Emergency Foodbank in South England have reported a significant decline in donations, prompting changes to their service offerings. Established in 2009 through the efforts of Didcot Baptist Church volunteers, the food bank currently has reserves of approximately £10,000. Manager Andrew Snell highlighted a substantial financial gap, indicating that while the food bank

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Hurricane season brings financial fears in the Caribbean

Hurricane season brings financial fears in the Caribbean

In Barbuda, the memories of Hurricane Irma in September 2017 linger for many residents, triggering emotional responses during thunderstorms. As the region approaches its peak hurricane season, home insurance has become significantly more expensive, complicating recovery efforts and financial planning for residents. Insurance premiums across the Caribbean have reportedly increased as much as 40% in

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'I won £65,000 at an employment tribunal – but I haven't seen a penny'

‘I won £65,000 at an employment tribunal – but I haven’t seen a penny’

Nadine Fallone received an award of nearly £65,000 from an employment tribunal for unfair dismissal after reporting drug use among staff at the bar she managed. However, over a year has passed, and she has not received any payment despite utilizing a government scheme designed to address employment tribunal non-payments. Nearly 5,000 of the 7,000

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Hackers delete data stolen in nursery cyber-attack after backlash

Hackers delete data stolen in nursery cyber-attack after backlash

Hackers targeting Kido Schools, a nursery chain, initiated an extortion scheme involving the posting of stolen images and personal data of children on the darknet. The criminals began sharing profiles of approximately 8,000 children last Thursday and added more information days later, demanding payment in Bitcoin to cease their activities. Alongside the posts, they allegedly

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