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Business Bulletin: M&G suspends £2.5bn property fund amid Brexit tension | Royal Mail to continue £50m appeal | Morrisons promotes finance chief

M&G Investments has suspended trading in its £2.5 billion property fund after a rush of investors sought to cash out amid Brexit uncertainty. The FTSE 100 firm said it saw “high and sustained outflows” after the fund was hit by “Brexit-related political uncertainty and ongoing structural shifts in the UK …

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Analyzing ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) & FIRSTGROUP/ADR (OTCMKTS:FGROY)

FIRSTGROUP/ADR (OTCMKTS:FGROY) and ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) are both transportation companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Analyst Recommendations This is a breakdown of recent ratings and price …

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Employment Tribunal finds workers are employees for purposes of Tupe

The London Central Employment Tribunal has published a judgment finding that, for the purposes of the Transfer of Undertakings (Protection of Employment (Tupe)) Regulations 2006 (Tupe), an individual classified as a ‘worker’ under the Working Time Regulations 1998 is to be treated as an employee. The case, Dewhurst v Revisecatch, concerned …

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