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Friday newspaper round-up: Ineos, EG Group, Hill Group

Fri 03 July 2026 07:21 | A A A

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(Sharecast News) - The boss of Currys has said supplies of air conditioning and fans are "tight" ahead of another UK heatwave, expected next week, after a boom in sales sent retailers scrambling to source new stock. Alex Baldock, chief executive of the electrical goods retailer, said cooling kit had been "flying off the shelves" during June's record heat in England. Sales of fans were up nearly 3,000% over the most recent heatwave weekend compared with a week earlier, while air conditioning sales increased 330%. - Guardian

Ryanair has warned of "queue chaos" this summer at EU airports because of new fingerprint checks, as the European Commission invited the air industry to an urgent meeting next Tuesday to discuss concerns over the new entry and exit system. The airline, Europe's largest, said passengers going on well-deserved breaks this summer should not be used as "guinea pigs" for a "half-baked" system. - Guardian

Chemicals giant Ineos has accused its US rivals of dumping cheap plastic into the UK market, putting tens of thousands of British jobs at risk. Ineos, owned by billionaire Sir Jim Ratcliffe, said that since US chemicals suppliers began lowering their prices in 2023, Britain's imports had doubled. US market share of Britain's plastics market jumped from about 16pc to as much as 40pc. - Telegraph

The billionaire Issa brothers have filed for a New York stock market flotation of their petrol station empire in a deal that could value the business at about $9bn (6.6bn). Cumberland Farms, formerly known as EG Group, said it had confidentially submitted paperwork to the US Securities and Exchange Commission for a public listing. - Telegraph

Britain needs to build better-quality flats to help kickstart the housing market, the boss of one of the country's biggest developers has said. Andy Hill, founder and chief executive of the Essex-based Hill Group, said the industry needed to do a better job of building flats and demonstrate to first-time buyers that they are good "stepping stones" as they work their way up the property ladder. - The Times

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