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However we cannot rule out compulsory redundancies. The spokesman added: 'We hope to achieve some of this through natural turnover or voluntary redundancy. It has just increased peak-time fares by 6% and off-peak by 7%.ĭespite ministers restricting plans by SWT to slash ticket office opening hours, the company is still going ahead to cut back opening hours at more than 50 stations. Stagecoach Group recorded a 25% increase in interim operating profits to £31.7m for the six months ending 31 October. SWT operates local and longdistance routes into mainline Waterloo station. He added taking into account existing vacancies and posts which have been withdrawn, the company said the actual number of people leaving would be aboutĢ00. The company, owned by transport giant Stagecoach, said it was taking 'decisive action now' so it could maintain high-quality train services and continue to have a successful business providing thousands of jobs. Train drivers, guards and frontline maintenance staff would not be affected by the proposed cuts. The company blamed the credit crunch and refused to rule out compulsory redundancies which threatened an immediate clash with union bosses.Ī company spokesman said management, administration and other jobs would be lost. 'Decisive action': South West Trains will axe 480 jobs STRATEGIC EQUITY CAPITAL: Despite the headwinds, this small cap trust has held up better than many of its rivals.Managing the ups and downs of long-term investing is the route to growing your wealth - here are 12 tips for getting it right.

Six ways to potentially help pensioners struggling with energy bills: Pressure for urgent rescue package mounts after price cap hiked to £3,549.'This is a Dunkirk moment': Freeze energy bills or cap rises at 5% this winter, BARONESS ALTMANN and LORD FIELD urge next Prime Minister.

Give small firms energy help now or thousands will go bust: Warnings escalate that uncapped bills may send many under.'I started an overnight oats business in my mum's kitchen in lockdown - now I'm on the cusp of turning over our first £1million'.Five false economies to avoid as inflation bites: SIMON LAMBERT on why you shouldn't bin the budget, not pay bills or skip your pension.Have you REALLY cancelled that subscription? Customers warned to check that old payments aren't still making a dent in their bank account.JEFF PRESTRIDGE: New PM must be bold - and quick - not only on energy crisis but also safeguarding access to cash on the high street.Town with NINE banks in just 300 yards: As branches shut elsewhere, Eastbourne shows how high streets can really flourish - with access to cash.How some of Britain's richest bosses are lavished with extraordinary perks: Coca-Cola HBC boss handed a £250k 'cost of living' boost.FTSE fat cats beat squeeze with £440m pay bonanza - top 100 raked in average £4.4m, and three have earned £100m.Campaigners say project to build cable to send power from Orkneys to mainland being needlessly blocked by Ofgem.Iceland boss Richard Walker warns that he has been forced to shelve new store openings after energy bill rose by £20m.

SUPER MARIO 64 LAST IMPACT SHADOW MARIO IHT HOW TO

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Future mortgage shock looms for fixed rate borrowers: Interest rates will rise to more than 4% next year and remain there well into 2024, say City forecasts.

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