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Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups. I am an author of various websites including Franchise UK https://www.franchise-uk.co.uk

Vodafone snaps up European operations for €18bn

Vodafone has agreed to buy Liberty Global’s operations in four European countries in a deal worth €18.4bn (£16.1bn). The deal sees the UK-based telecoms giant take control of cable operators in Germany, the Czech Republic, Hungary and Romania. Shares rose 1% in early trading. Vodafone said the “transformative” purchase, …

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Goldman Sachs buys stake in digital mortgage broker Trussle

The Wall Street banking giant Goldman Sachs has agreed to buy a stake in Trussle, a UK-based online mortgage broker, underlining the growing appetite of established lenders to invest in financial technology start-ups. Sky News can reveal that Goldman’s Principal Strategic Investments (PSI) division is participating in a near-£14m …

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Why banking's smaller players are bulking up

They sought to shake-up the UK’s banking sector and give customers a real choice from the established big four or five players – but now Britain’s ‘challenger’ banks are themselves coalescing into larger entities or being taken over. The first big consolidation came in June 2015 when TSB, which …

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African nations at risk of economy crippling debt

The International Monetary Fund (IMF) has warned African countries are increasingly threatened by economy crippling debt, despite overall economic growth across the continent. The global financial institution says heavy borrowing and massive deficits are behind the trend, as sub-Saharan African governments increasingly tap into global debt markets. Spurred on …

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House prices in sharpest monthly fall since 2010

House prices recorded their sharpest month-on-month decline for nearly eight years in April, according to lender Halifax. Prices fell by an unexpectedly steep 3.1% compared with March in the latest sign of weakness in the property market and wider consumer slowdown. Halifax cautioned that the figure, the biggest drop …

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In-depth probe for Big Six energy tie-up

Plans for a merger between Big Six energy suppliers SSE and npower face an in-depth investigation by regulators on fears that the deal could mean higher bills for households. The Competition and Markets Authority (CMA) found after an initial inquiry that the tie-up could reduce competition – potentially leading …

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Virgin Money receives £1.6bn takeover offer

Clydesdale and Yorkshire Banking Group (CYBG) has made a takeover offer for rival Virgin Money. The all-share “preliminary approach”, which values Virgin at about £1.6bn, would create a company with six million personal and business customers and create a leading challenger to Britain’s biggest lenders, CYBG said. It will …

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Commuters to have their say on rail ticketing

A public consultation is being launched to find ways of simplifying the rail ticketing system that currently means 55 million different fares exist. The study, which will be carried out by The Rail Delivery Group (RDG), which represents private train operators andGovernment-owned Network Rail, aims to identify ways to …

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