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Boohoo dives into debt as losses soar to £160m and sales slump

Online fashion retailer £95m in red amid competition from Shein and Temu and resurgent high streetBoohoo has cut more than 1,000 jobs and dived into debt after its losses soared and sales slumped 13% amid heavy competition from the Chinese online seller Shein and the revival of the high street after the pandemic lockdowns.The online fashion specialist,...

Wed May 8, 2024 11:24
High court decision to limit Catholic church abuse legal tactics to become law under NSW proposal

Legislation needed to limit use of stay applications and ensure justice for child abuse survivors, independent MP saysGet our morning and afternoon news emails, free app or daily news podcastNew South Wales parliament will consider a bill to further restrict churches and other institutions from using stay applications to prevent abuse survivors having...

Wed May 8, 2024 11:04
Labor councillor stands by vote to ban same-sex parenting books in Sydney council libraries – as it happened

This blog is now closedGet our morning and afternoon news emails, free app or daily news podcastCFMEU welcomes funding of 15,000 fee-free construction Tafe places in budgetThe CFMEU has welcomed a funding boost for apprenticeships and traineeships in the upcoming budget.This investment will mean more apprentices and trainees will get the training they...

Wed May 8, 2024 11:04
Victorian treasurer threatens to consider train station for Avalon amid dispute with Melbourne Airport

Tim Pallas’ comments come after government delayed Melbourne Airport rail project by four yearsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe battle over a rail line to Melbourne’s airport has escalated, with Victoria’s treasurer, Tim Pallas, threatening to consider...

Wed May 8, 2024 10:54
Game of Thrones actor Ian Gelder dies aged 74

British actor who played Kevan Lannister in hit fantasy series diagnosed with cancer five months agoThe British actor Ian Gelder, who played Kevan Lannister in the hit fantasy series Game of Thrones, has died aged 74.During a career spanning decades, he was a familiar face on screen with roles in Torchwood, His Dark Materials, Doctor Who, Snatch, and...

Wed May 8, 2024 10:54
Russia-Ukraine war live: Ukrainian power networks hit in overnight attack

Russia has hit critical energy infrastructure in Stryi district and a power generation facility in Chervonohrad district The airstrikes came on the day Ukraine commemorates victory over Nazism in World War Two, something that President Volodymyr Zelenskiy emphasised in an address on Telegram along with the February 2022 invasion.“The world slept through...

Wed May 8, 2024 10:33

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