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Funeral price war takes its toll on Dignity

We’re so sorry for your loss. That is how Dignity, the UK’s biggest quoted funerals provider, is addressing its investors after a profits warning that has caused the share price to halve. Dignity, which operates from 792 locations and which in 2017 conducted 68,800 funerals, is the UK’s second …

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Zambia's traders protest at anti-cholera measures

Following Zambia’s cholera outbreak last year, the government has moved to clear street markets in a bid to curb the spread of the disease. But many street traders say their livelihoods are suffering and have been protesting at the authorities’ actions. From Zambia’s capital, Lusaka, Kennedy Gondwe reports. Source: …

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'Poor' British Steel pensions advice reviewed by police

Reports Port Talbot steelworkers have been given poor pensions advice are being looked into by police.Tata Steel employees have claimed they have been mis-sold advice about moving from the British Steel Pension Scheme after it was removed from the business.The Financial Conduct Authority is already investigating 17 firms over …

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Sky sources: Carillion had £2.6bn pension hole

Carillion, the bankrupt construction group, had financial liabilities worth about £5bn when it went bust this week, according to the most extreme calculation of its obligations to tens of thousands of pension scheme members. Sky News can reveal that private analysis of Carillion’s pension deficit on a Section 75 …

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Carpetright shares floored after profit warning

Carpetright has become the latest UK retailer to issue a post-Christmas profit warning, its second in as many months, blaming a “sharp deterioration” in trade. Shares in the specialist carpet and floor coverings retailer slumped 48% on opening – an hour after the company said it had adjusted its …

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HSBC to pay $101.5m to settle currency probe

HSBC has agreed to pay $101.5m (£73m) to settle a US criminal investigation into the rigging of currency transactions. The case, brought against the UK-based bank by the Department of Justice in New York, centred on the activities of traders accused of using confidential information provided by clients to …

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Carillion hired BHS pension chief ‎before collapse

The pension trustee who oversaw negotiations with Sir Philip Green over BHS’s retirement scheme deficit was parachuted in to advise on the crisis at Carillion days before the construction group collapsed. Sky News has learnt that Independent Trustee Services (ITS), which is run by Chris Martin, was appointed‎ earlier …

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