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Tag Archives: Company News

Seven days: 15 November 2019

British Steel saved China steps in Chinese industrial conglomerate Jingye Group will rescue British Steel in a deal that could save up to 4,000 jobs. Jingye said that it plans to invest £1.2bn in Britain’s second-biggest steelmaker over the next decade. In the new agreement, the group would also acquire …

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Seven days: 18 October

Royal Mail strike Landslide victory Communication Workers Union members employed by Royal Mail (RMG) voted overwhelmingly to go on strike, in a move that could threaten the Black Friday and Christmas shopping periods. “The workforce has completely rejected the company’s plans to set up a separate parcels business,” CWU general …

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PRESS DIGEST- British Business – Oct 16

Oct 16 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – British money manager Neil Woodford’s investment empire disintegrated on Tuesday as the stockpicker announced plans to shut …

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