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Tycoon Hands plots £2.5bn takeover of Quintain

Guy Hands, the private equity tycoon, is exploring a £2.5bn bid for Quintain, the London-based property group, in an effort to establish an £8bn UK-wide real estate empire. Sky News has learnt that Mr Hands’ buyout firm, Terra Firma Capital Partners, is examining an offer for Quintain‎ through Annington, …

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Branson's astronaut training as space race hots up

Sir Richard Branson has said he is undergoing astronaut training and is just months away from being catapulted into space. The 67-year-old Virgin boss has set his sights on turning commercial space travel into a reality since he founded Virgin Galactic and hopes to be among the first space …

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Why markets have turned on Italy's new government

There are not many 81-year-olds capable of striking fear into financial markets – but Paolo Savona appears to be one of them. The economist and university professor is the man that Italy’s new prime minister, Giuseppe Conte, wishes to name as his finance minister – but investors fear the …

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George Osborne takes on yet another new job

George Osborne has added another job to his portfolio, tying him to one of the richest families in Italy. The former chancellor will chair a partners council overseeing Exor, the listed holding company of the Agnellis. Companies owned by the £10.5bn family investment business include Fiat and Ferrari – …

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Exporters hampered by skills shortages – study

UK exporters are being held back because of widespread labour shortages, a study has found. The shortages are especially bad in the manufacturing sector, according to research by the British Chambers of Commerce and DHL. Two-thirds of manufacturers are struggling to find suitably skilled staff, and three out of …

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