Domestic Affairs
Fear not, fellow Thomas Cook traveller
Britons who travel with the financially troubled tour operator Thomas Cook need not fear that they will end up in vacation countries should the company fall over unexpectedly.…
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Alison Rose to manage Royal Bank of Scotland
Royal Bank of Scotland gets Alison Rose as the new manager. It is the first time that a woman has taken the helm at a large British bank.…
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Retail sales fell 0.2 percent
Retail sales fell by 0.2 percent on a monthly basis in August, the British National Statistical Office reports. In July, UK store sales went up by a revised…
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China sees no sense in proposed LSE acquisition
In addition to the management of the London Stock Exchange (LSE), China now also sees little in the offer of Hong Kong exchange operator Hong Kong Exchanges and…
Continue ReadingLSE board unanimously voted against the sale to Hong Kong
London Stock Exchange (LSE) has rejected a takeover bid from its Honkong counterpart. The board of the British stock exchange operator voted unanimously against the rapprochement of Hong…
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BAT tobacco tycoon cuts its workforce
Tobacco giant British American Tobacco (BAT) will cut 2300 jobs worldwide by the end of the year. A BAT spokeswoman said that no announcements are currently being made…
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UK economy shows growth in July
The British economy grew by 0.3 percent in July compared to a month earlier. This is according to figures from the British National Statistics Office. The economy of…
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