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Kodak phone-maker eyes £100m Exponent sale

The company which makes branded mobile phones for Land Rover and Kodak is in talks about a £100m-plus sale to the buyout firm behind Loch Lomond whisky. Sky News understands that Exponent Private Equity is in exclusive discussions about a takeover of Bullitt Group, a Reading-based manufacturer. The talks, …

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Thousands leave SSE and Scottish Power after price rises

A third of a million customers have deserted the two big energy suppliers based in Scotland following recent price rises.About 230,000 households switched away from SSE in the three months to the end of June.The supplier raised its dual-fuel prices by 6.9% on 28 April.Separately, Scottish Power said it …

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Sports Direct profits dive by nearly 60%

Profits at Sports Direct have plummeted nearly 60%, which the firm said was largely due to the weaker pound.Underlying pre-tax profit fell to £113.7m from £275.2m last year because of “currency movements and increased depreciation charges”.Chief executive Mike Ashley said it had now taken steps to “minimise the short-term …

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British Gas faces £1.1m compensation bill

British Gas is to pay out £1.1m to compensate customers for breaching rules governing missed appointments. The country’s largest supplier of energy to households and businesses was required by the industry regulator to agree customer payouts but not pay a fine as it flagged the failures to Ofgem itself. …

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Dalian Wanda $9.3bn deal in 'crazy' restructuring

One of China’s biggest ever property deals is being restructured, less than a week after it was announced.Dalian Wanda had said it was selling 13 tourism projects – including three theme parks – and 77 hotels to developer Sunac for $9.3bn (£7.1bn).But now the deal is being split, with …

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Singapore Airlines reviews nut policy after toddler scare

An allergy scare involving a three-year-old toddler has prompted Singapore Airlines to review the serving of nuts on board its flights.Marcus Daley suffers from anaphylaxis, a potentially life-threatening condition which can be triggered by food including peanuts and shellfish.He was travelling with his parents to Melbourne after a holiday …

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Working parents face rising holiday childcare costs

Working families in the UK face rising childcare costs and a scarcity of council run childcare provision this summer, a survey has suggested.The cost of holiday childcare has risen 4% since 2016 to an average of £125 per week, a Family and Childcare Trust report found.A separate survey estimated …

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