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Business News at Sky News

Thursday, Sep 19

20

Sir Alan Bates blames 'flimflam artists' for delaying Horizon scandal compensation payouts

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Post Office campaigner Sir Alan Bates has blamed government "flimflam artists" for dragging out financial redress for victims.

18

London-listed funds land £200m from Lynch-backed Featurespace

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Two London-listed funds are in line for a cash windfall of more than £200m as the American payments giant Visa closes in on a takeover of a fraud detection company backed by Mike Lynch, the late technology tycoon.

16

14

UK interest rates an outlier after decision but inflation rises to continue

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There has been no change to the UK interest rate despite the US and European central banks all moving to cut in the last week.

12

Thames Water lines up court dates to push through huge debt restructuring

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Britain's biggest water utility is lining up court dates to push through a massive debt restructuring that could keep it out of government hands.

Wednesday, Sep 18

18

4,500 jobs at risk as restaurant chain owners enter administration

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The owner of the UK arm of the restaurant chain TGI Fridays (TGIF) has gone into administration, putting 4,500 jobs and 87 outlets at risk.

17

Asset manager RLAM demands water company action over AMR

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One of the City's most prominent fund management groups is heaping fresh pressure on the environmental record of Britain's water industry by calling for suppliers to take steps to curtail the spread of antimicrobial resistance (AMR).

Bumper US interest rate cut aims to boost flagging economy

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US interest rates have been slashed for the first time in more than four years - by more than many expected - amid fears the world's largest economy is flagging.

16

Food container firm Tupperware files for bankruptcy

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Tupperware, the maker of food storage containers, has filed for bankruptcy in the US.

14

Asda co-owner steps down as hunt for CEO continues

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Asda's co-owner is stepping back from a key role at the business, just months after his brother sold his stake in the supermarket chain.

13

Former TSB boss Pester to chair wealth start-up Firenze

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Paul Pester, the former boss of TSB, is to chair a recently launched fintech which offers customers loans secured against their investment pots.

12

Embattled Post Office chief executive Read resigns

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Nick Read is to end his torrid tenure as chief executive of the Post Office as he prepares to give evidence to the inquiry into the Horizon IT scandal.

11

What next for interest rates - as central banks try to avoid unnecessary pain

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Inflation held steady at 2.2% in August, in line with expectations and confirming that, while prices and interest rates rose like a rocket, they will return to earth like a feather.

08

No change in inflation ahead of interest rate decision - but another measure ticks unexpectedly up

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There's been no change in the rate of price rises, official inflation figures showed.

End of 'longest train drivers' strike in history', as new pay deal accepted

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Train drivers have voted overwhelmingly to accept a multi-year pay deal, ending a two-year dispute at 16 rail companies, their union ASLEF has announced.

Tuesday, Sep 17

21

London-listed medical group AMS draws private equity interest

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A medical technology company which produces tissue-healing surgical products has become the latest London-listed business to draw interest from buyout firms.

18

Ministers step up bid to end 'exploitative' zero-hours contracts

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Angela Rayner, the deputy prime minister, will hold talks with union bosses and business leaders on Wednesday as the government pursues its ambition of ending "exploitative" zero-hours contracts.

15

Major Instagram update for teenage users

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Teenage Instagram users will get new privacy settings, its parent company Meta has announced in a major new update.

The Observer's owner confirms sale talks with Tortoise Media

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Guardian Media Group (GMG) is in talks to sell The Observer, the world's oldest Sunday newspaper, to Tortoise Media, a start-up founded five years ago by a former BBC and Times executive.

13

Guardian Media Group in talks to sell The Observer

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Guardian Media Group (GMG) is in talks to sell The Observer, the world's oldest Sunday newspaper, to Tortoise Media, a start-up founded five years ago by a former BBC and Times executive.

Hollywood pair 'in talks' to invest in cricket team

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Ryan Reynolds and Rob McElhenney are reportedly in talks to buy shares in a cricket team as part of their latest foray into the world of sport.

12

Meta bans Russian state media networks - but one vows to 'crawl through the cracks'

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Instagram and Facebook owner Meta is banning RT and other Russian state media networks from its platforms over claims they carried out covert operations to influence social media users.

10

Pilates reformer start-up gets into shape with £3.5m funding boost

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A start-up which targets Pilates enthusiasts with digitally connected equipment has secured a £3.5m funding boost aimed at fuelling its expansion.

09

Amazon tells staff to get back to the office five days a week

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Amazon has told its office workers they may no longer work from home except in extenuating circumstances.

Hundreds of customers at energy firm to get compensation

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Nearly 1,400 OVO customers are to receive compensation after the energy firm was hit with a £2.37m penalty for complaint handling failures.

03

UK's most famous shopping street could be pedestrianised

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Traffic could soon be banned from part of London's most popular shopping area, under new plans by the capital's mayor.

Monday, Sep 16

23

THG weighs demerger of technology platform Ingenuity

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THG, the London-listed e-commerce group behind beauty brands such as Lookfantastic, will this week signal to investors that it is exploring plans to spin off Ingenuity, its technology services arm.

14

Ex-Treasury official Roxburgh leads race to chair Lloyd's of London

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A former Treasury official is leading the race to become the next chairman of Lloyd's of London, one of the City's most prestigious posts.

13

Titanic builder to collapse into administration

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The iconic Belfast company that built the Titanic is to collapse into administration.

Flutter closes in on £2bn bet on Playtech's consumer arm

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Flutter Entertainment, the owner of Paddy Power, is closing in on a £2bn swoop for the consumer operations of Playtech, the gambling technology group.