Category Archives: Business

Councils ‘face appropriation gap’ to repair roads

Councils ‘face appropriation gap’ to repair roads

Image copyright Getty Images One in 6 roads opposite England and Wales are in such a bad state they contingency be remade within a subsequent 5 years, according to internal authorities. The Annual Local Authority Road Maintenance consult (ALARM) found that 17% of roads were in “poor” condition. The supervision is formulation to deposit £1.2bn in roads this year, that ...

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Councils ‘face appropriation gap’ to repair roads

Councils ‘face appropriation gap’ to repair roads

Image copyright Getty Images One in 6 roads opposite England and Wales are in such a bad state they contingency be remade within a subsequent 5 years, according to internal authorities. The Annual Local Authority Road Maintenance consult (ALARM) found that 17% of roads were in “poor” condition. The supervision is formulation to deposit £1.2bn in roads this year, that ...

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New £1 coin’s ‘hidden’ confidence feature

New £1 coin’s ‘hidden’ confidence feature

Image copyright Royal Mint The new 12-sided £1 silver – that comes into dissemination on Tuesday – has a dark confidence underline to make it formidable to counterfeit. It is suspicion to engage element inside a silver itself that can be rescued when electronically scanned by coin-counting or remuneration machines. But officials during a Royal Mint have not expelled any ...

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Tesco shareholder opposes £3.7bn Booker takeover

Tesco shareholder opposes £3.7bn Booker takeover

Image copyright Getty Images One of Tesco’s biggest shareholders is propelling a supermarket to dump a £3.7bn takeover of food wholesaler Booker amid claims it is profitable too much. In a minute to Tesco’s authority John Allan, Schroders pronounced a “high price” being paid for Booker would destroy value for investors. The understanding brings together a UK’s largest supermarket and ...

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Tesco shareholder opposes £3.7bn Booker takeover

Tesco shareholder opposes £3.7bn Booker takeover

Image copyright Getty Images One of Tesco’s biggest shareholders is propelling a supermarket to dump a £3.7bn takeover of food wholesaler Booker amid claims it is profitable too much. In a minute to Tesco’s authority John Allan, Schroders pronounced a “high price” being paid for Booker would destroy value for investors. The understanding brings together a UK’s largest supermarket and ...

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UK banks given new highlight exam scenarios

UK banks given new highlight exam scenarios

Image copyright AFP The UK’s biggest banks have been told to ready for a far-reaching operation of challenges, as partial of a Bank of England’s latest highlight tests. One pivotal exam will be to infer they can conduct any remarkable slack in unfamiliar seductiveness in UK assets. The banks will have to uncover they have sufficient resources in place to ...

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UK banks given new highlight exam scenarios

UK banks given new highlight exam scenarios

Image copyright AFP The UK’s biggest banks have been told to ready for a far-reaching operation of challenges, as partial of a Bank of England’s latest highlight tests. One pivotal exam will be to infer they can conduct any remarkable slack in unfamiliar seductiveness in UK assets. The banks will have to uncover they have sufficient resources in place to ...

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Flawed chief proposal sees £100m payout to firms

Flawed chief proposal sees £100m payout to firms

Image copyright Getty Images Two firms who mislaid out on decommissioning 12 arch sites will get £97.5m compensation. A auxiliary of a infrastructure hulk Babcock won a £6.1bn agreement to purify adult a sites in 2014. But final year, a High Court ruled that a Nuclear Decommissioning Authority (NDA) had poorly motionless a outcome of a buying process. The NDA ...

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