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Friday, January 12, 2018
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GKN rejects £7bn hostile approach from rival Melrose 12 Jan 2:01pm Updated GKN rejects £7bn hostile approach from rival Melrose
Vince Cable attacks bid but turnaround specialist Melrose plans to pursue interest as GKN unveils moves to split automotive and aerospace divisions GKN, the FTSE 100 aerospace and automotive company which
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Currencies in USD
GBP 1,33 +0,602%
EUR 1,17 +0,944%
CHF 1,01 +0,594%
Sterling surges against dollar as Spain and Netherlands back soft Brexit 12 Jan 12:05pm Updated Sterling surges against dollar as Spain and Netherlands back soft Brexit
Finance ministers from both countries reportedly keen to maintain the closest possible ties with EU and Britain The pound has surged to its highest level against the dollar since the UK’s vote to leave the EU following reports that Spain and the Netherlands are willing to back a soft Brexit deal. Sterling hit a high of $1.3691, a gain of almost 1.5 cents – more than 1% – after Bloomberg reported that the two countries were keen to maintain the closest possible ties between the EU and Britain, after
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Let’s move to Louth, Lincolnshire: ‘Worth the slog’ 12 Jan 11:30am Let’s move to Louth, Lincolnshire: ‘Worth the slog’
It’s worth a detour to visit this historic market town where the ills of modern life have been kept at bay W
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Pound hits highest level since Brexit vote - as it happened 12 Jan 10:26am Pound hits highest level since Brexit vote - as it happened
The pound surged to $1.3691 on Friday - the highest since the result of the EU referendum in June 2016 was known - on reports that Spain and the Netherlands are willing to back a soft Brexit deal
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The company that runs Britain is near to collapse. Watch and worry | Aditya Chakrabortty 12 Jan 10:16am The company that runs Britain is near to collapse. Watch and worry | Aditya Chakrabortty
Carillion builds schools, roads, hospitals – and it’s meant to be a big part of HS2. What’s more, if it goes bust, the bill will be picked up by taxpayersYou may never have heard of Carillion. There’s no reason you should have. Its lack of glamour is neatly summed up by the name it sported in the 90s: Tarmac. But since then it has grown and grown to become the UK’s second-largest building firm – and one of the biggest contractors to the British government. Name an infrastructure pie in the UK and the chances are Carillion has its fingers in it: the
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UK inflation: four in five workers fear cost of living squeeze, survey finds 12 Jan 9:54am Updated UK inflation: four in five workers fear cost of living squeeze, survey finds
Rising inflation, falling living standards and static pay fuel anxiety across all income bands, thinktank finds Anxiety over future job and pay prospects has become entrenched among UK workers against a backdrop of falling living standards, Brexit uncertainty and the prospect of automation, a report has warned. Four out of five working people are concerned that inflation will outstrip their pay in future, despite high levels of employment, the Royal Society of Arts, Manufactures and Commerce said.
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Pound hits highest level since Brexit vote - business live 12 Jan 9:45am Updated Pound hits highest level since Brexit vote - business live
The pound surged to $1.3691 on Friday - the highest since the result of the EU referendum in June 2016 was known - on reports that Spain and the Netherlands are willing to back a soft Brexit deal
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FTSE 100 hits new record high as £7bn GKN bid battle looms - business live 12 Jan 8:44am FTSE 100 hits new record high as £7bn GKN bid battle looms - business live
Shares in engineering giant GKN jumped 25% after it revealed an unwanted £7bn takeover approach from Melrose, making it the FTSE’s biggest riser and pushing the leading share index to a new record high of 7,775
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Norway backs EU fishing policies remaining during Brexit transition 12 Jan 8:38am Norway backs EU fishing policies remaining during Brexit transition
North Sea curbs to last at least 21 months despite Michael Gove’s suggestion Britain will take back control of its waters The EU’s insistence that quotas under the common fisheries policy for the seas around the UK will remain in force during a Brexit transition period has been backed up by the Norwegian government, dealing a fresh blow for Downing Street. Pers Sandberg, the Norwegian fisheries minister, said he expected talks between the EU, UK and Norway over fishing rights to be complex and likely to conclude at the end of a transition period.
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B&M emerges as Christmas retail winner 12 Jan 8:21am B&M emerges as Christmas retail winner
Bargain chain eats into market share of big four supermarkets as sales soar to £837m with more shoppers switching to cheaper deals Discount chain B&M has emerged as a Christmas winner as hard-up shoppers bargain-hunted in its stores for cut-price chocolates, toys and alcohol. The retailer has become a magnet for shoppers who fill their trollies with household brands like Kellogg’s, Whiskas and Walkers, which are sold more cheaply than in the more established supermarkets.
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FTSE 100 hits new record high as £7bn GKN bid battle looms - business liv 12 Jan 8:07am Updated FTSE 100 hits new record high as £7bn GKN bid battle looms - business liv
Shares in engineering giant GKN jumped 25% after it revealed an unwanted £7bn takeover approach from Melrose, making it the FTSE’s biggest riser and pushing the leading share index to a new record high of 7,775
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FTSE 100 hits news record high as £7bn GKN bid battle looms - business live 12 Jan 6:20am Updated FTSE 100 hits news record high as £7bn GKN bid battle looms - business live
Shares in engineering giant GKN jumped 25% after it revealed an unwanted £7bn takeover approach from Melrose, making it the FTSE’s biggest riser and pushing the leading share index to a new record high of 7,775
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FTSE resumes record run despite dip in oil price - business live 12 Jan 5:08am Updated FTSE resumes record run despite dip in oil price - business live
The UK’s FTSE 100 index hit a new record high of 7,774 despite a fall in oil prices to below $69 a barrel
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Carillion crisis: take contracts back under public control, government urged 12 Jan 5:01am Carillion crisis: take contracts back under public control, government urged
Labour and trade unions urge recall of outsourced contracts across NHS, education and rail to avert crisis as construction giant struggles with debts The government is being urged to bring contracts from construction giant Carillion back into public control amid fears the company could collapse. The company is a major supplier to the government with contracts across education, the NHS and the rail industry, including HS2.
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FTSE holds on to gains despite dip in oil price - business live 12 Jan 3:16am FTSE holds on to gains despite dip in oil price - business live
The UK’s FTSE 100 index followed Wall Street higher despite a fall in oil prices to below $69 a barrel
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Margate public toilets for sale at £400,000 – in pictures 12 Jan 2:00am Margate public toilets for sale at £400,000 – in pictures
You’ll need to be flush need to be if you fancy buying the site of these loos with a view, which has planning permission for a three-bedroom home
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Four out of five working people worried about falling real pay – survey 12 Jan 12:18am Four out of five working people worried about falling real pay – survey
Rising inflation, falling living standards and static pay are fuelling fears, with the RSA calling for a universal basic income Anxiety over future job and pay prospects has become entrenched among UK workers against a backdrop of falling living standards, Brexit uncertainty and the prospect of automation, a report has warned. Four out of five working people are concerned that inflation will outstrip their pay in future, despite high levels of employment, the Royal Society of Arts (RSA) said.
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