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Sky News
Lloyds shareholders could reap £500m bonanza from Telegraph deal
Shareholders in Lloyds Banking Group could reap a windfall worth more than £500m early next year following a deal that will see it repaid loans in full by the owners of The Daily Telegraph.Sky News has learnt Britain’s biggest high street lender will be in a position to write back more than £500m on the …
Business
Business Live
Council leaders defend decision to sell Gloucestershire Airport
Gloucestershire Airport is seeking a new owner and investor. The airport is run by Gloucestershire Airport Ltd which was established in 1993 and of which both Gloucester City Council and Cheltenham Borough Council have a 50% shareholding in it. However, leaders and councillors in the area have said they were unaware of the decision to …
Business
Evening Standard
‘Santa’ and ‘elf’ job listings down from 2022 as retailers expect slower Christmas
Business
Sky News
Volta Trucks is saved but bulk of 600 UK workers are currently out of a job
Volta, the electric truck start-up, has been bought out of administration by one of its biggest creditors but the bulk of its 600 UK workers are out of a job – for the moment at least.Sky News revealed a week ago that Luxor Capital Group, which was both a shareholder in and lender to Volta, …
Business
Sky News
House prices show further growth after pause in interest rate hikes, Nationwide says
House prices recorded a second month of growth in November, according to a closely-watched report.The Nationwide House Price Index showed average values were 0.2% higher, building on the 0.9% increase it measured in October. It meant, the mortgage lender said, that prices were 2% down on an annual basis – outperforming the expectations of economists …
Business
Euro News
Denmark withdraws 1,000-crown note from circulation
Business
Euro News
French banks ploughing billions into green and sustainable loans
Business
Sky News
Investigation launched into takeover of Telegraph and Spectator by UAE-based fund
The culture secretary has launched an investigation into the takeover of The Daily Telegraph by a state-backed Abu Dhabi-based fund.An inquiry by communications watchdog Ofcom and competition regulator the Competition and Markets Authority (CMA) has been triggered by Lucy Frazer, confirming reporting by Sky News. Ms Frazer on Thursday issued a public interest intervention notice …
Business
Sky News
Frazer to launch public interest probe into Telegraph sale
The culture secretary will on Thursday launch a probe into the takeover of The Daily Telegraph by a state-backed Abu Dhabi-based fund.Sky News has learnt that Lucy Frazer plans to issue a Public Interest Intervention Notice (PIIN) that will trigger an inquiry by Ofcom and the Competition and Markets Authority into RedBird IMI’s prospective ownership …
Business
Euro News
Want to work at Disneyland? 8,500 jobs are open as Disney expands operations
Business
Sky News
Rail workers accept deal to end their long-running dispute over pay and conditions
Rail workers have voted to accept a deal to end their long-running dispute over pay and conditions.Members of the Rail, Maritime and Transport (RMT) union have agreed to an offer from train companies for a backdated pay rise of 5% for 2022-2023 and job security guarantees. It follows a bitter 18-month row with the Rail …
Business
Business Live
Exclusive: New Poundstretcher CEO Tristan Phillips on taking ex-Wilko stores and getting its shops spot-on
The new chief executive of Poundstretcher has shared with BusinessLive how excited he is about plans to grow the store estate, modernise the business and make the customer experience better than ever. Outlining the discount chain’s plans for the year ahead Tristan Phillips said it had come through its recent pre-pack administration in good shape …

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