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Tag Archives: moneymarkets

MARKET REPORT: KKR’s £9bn Italy bid lifts telecom shares

Telecom companies were boosted yesterday after private equity giant KKR swooped on Telecom Italia with a £9billion offer. The deal, if approved by the firm’s board and the Italian government, would be one of the biggest European private equity buyouts in history. It would total £28billion, including Telecom Italia’s £19billion …

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Royal London lines up full-blown LV merger

Royal London lines up full-blown LV merger: Rival bidder’s new twist would let insurer keep mutual status – but historic brand could then be sold Takeover by Bain Capital has been hit by a backlash from LV members   New plan would allow LV members to keep their mutual status If …

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Fake hours scam: Now Royal Mail to probe our claims

Royal Mail investigating claims its drivers are logging fraudulent overtime claims after we raised the alarm By Alex Lawson, Financial Mail On Sunday Published: 21:51, 6 November 2021 | Updated: 21:51, 6 November 2021 Royal Mail is investigating claims that its drivers are logging fraudulent overtime claims after The Mail …

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BAE clinches £1bn Royal Navy contracts 

BAE clinches £1bn Royal Navy contracts to maintain battleships and docks in Portsmouth By Francesca Washtell For The Daily Mail Published: 21:55, 1 April 2021 | Updated: 23:15, 1 April 2021 BAE Systems has clinched contracts worth more than £1billion to maintain battleships and docks at Portsmouth Naval Base. Britain’s …

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BT boss Philip Jansen hit by threat of strike chaos

BT boss Philip Jansen hit by threat of strike chaos: Furious union launches ballot over chief’s plan to cut jobs – and it could cripple broadband The Communication Workers Union represents 45,000 BT staff  It will kick off the formal legal process to ballot members for the telecom giant’s first …

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NHS courier CitySprint could go up for sale at £250m

Investment company backed by Lloyds reviving plans to sell same-day courier businesses for £250m By Ben Harrington, Financial Mail on Sunday Published: 21:51, 27 February 2021 | Updated: 21:51, 27 February 2021 An investment company backed by Lloyds is reviving plans to sell one of Britain’s biggest same-day courier businesses …

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