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Fund boss: Brexit won't be as bad as feared

One of Britain’s most important investors has told Sky News that “Brexit won’t be as bad” as predicted,  but says the global economic system “needs to change” because people are losing faith in capitalism. Martin Gilbert is co-chief executive of Standard Life Aberdeen, Europe’s second largest fund manager. The …

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Liberum on pole for £250m Codemasters float

The publisher of Formula One’s official series of video games is lining up City bankers to help launch a £250m-plus stock market flotation. Sky News has learnt that the Indian owners of Codemasters are close to appointing Liberum, the investment bank, to oversee the listing later this year. The …

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What are the most profitable franchises in the UK?

The most profitable franchises in the UK Some of the best-known brands on Britain’s high streets are franchises. From food and drink to health and fitness, franchises are slowly taking over our towns and cities. If you’re considering starting a franchise of your own, finding out which areas are …

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Grid squares up for Hinkley fight with Ofgem

As if the new Hinkley Point ‘C’ nuclear power station being built at Somerset were not already controversial enough, it now looks like becoming the centre of a row between National Grid and Ofgem, the energy industry regulator. The power plant, Britain’s first new nuclear power station for more …

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Fox bid for Sky 'raises plurality concerns'

The biggest takeover in the UK media industry was called into question today when the Competition and Markets Authority said 21st Century Fox’s £18.5bn takeover of Sky plc, the owner of Sky News, “may be expected” to act against the public interest. The competition regulator said, in its provisional …

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