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'Race hate' PR firm enters administration

Disgraced public relations firm Bell Pottinger has fallen into administration after being accused of running a “racially divisive campaign” in South Africa. The scandal caused a mass of exodus of investors and clients, including construction firm Carillion, HSBC and the banking group CYBG. Last week executives at Bell Pottinger …

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Germany plans for 'worst-case scenario' Brexit

German industry is preparing for a “worst case scenario” Brexit, a top car executive has told Sky News. Matthias Wissmann, head of the German Automotive Association, said contingency plans were being formed to deal with a possible failure of Brexit negotiations in the next 18 months. “We have a …

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Will inflation rise see interest rates go up?

Under normal circumstances, today’s inflation figures would very likely be the precursor to a rise in interest rates this Thursday. Whenever the headline rate of inflation strays one percentage point either side of the 2% rate that the Bank of England’s Monetary Policy Committee (MPC) is mandated to target, …

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Sky/Fox deal faces broadcasting standards probe

Karen Bradley, the Secretary of State for Culture, Media and Sport, says she is “minded to” refer 21st Century Fox’s £18.5bn takeover of Sky plc, the owner of Sky News, to competition watchdogs on grounds of broadcasting standards. Ms Bradley had previously said she was minded to refer the …

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Wood Group and Amec merger plans approved by CMA

Regulators have accepted proposals by Wood Group and Amec Foster Wheeler to address competition concerns over their planned £2.2bn merger.The firms have agreed to sell a range of assets after the Competition Markets Authority (CMA) found the merger could curb competition in the supply of services to the UK …

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May phones Trump as Boeing dispute threatens Bombardier

Prime Minister Theresa May has phoned US President Donald Trump over a threat to jobs at Bombardier in Belfast from a trade dispute.In 2016, Canadian firm Bombardier won an order to supply up to 125 CSeries passenger jets to US airline Delta.The wings for the CSeries are made at …

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