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Delphi Diesel Systems plant in Sudbury to close

ByNathan BissittAugust 4, 2017

An engineering firm is to close a plant in Suffolk with the loss of 520 jobs by mid-2020.Delphi Diesel Systems has confirmed it will gradually wind down manufacturing operations at its Sudbury site as a “result of predicted falls in the demand for diesel

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US economy creates 209,000 jobs in July

ByNathan BissittAugust 4, 2017

The US economy saw strong jobs growth in July, helped by a wave of hiring in the hospitality industry.The Bureau of Labor Statistics said 209,000 jobs were created in July, which was more had been expected. The unemployment rate edged lower to 4.3%, matching

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Goldman sells stake in £2bn Rothesay Life

ByNathan BissittAugust 4, 2017

An Asian sovereign wealth fund and American insurance giant are to pay Goldman Sachs hundreds of millions of pounds for its stake in Rothesay Life, the UK pensions buyout firm it founded a decade ago. Sky News has learnt that the Government Investment Corporation of

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'Cash is trash'

ByNathan BissittAugust 4, 2017

Our savings habit has never been so weak since data was first collected in 1963. Notes and coins have been overtaken by card and digital payments. Interest rates are still at a record low.The current situation has prompted one financial expert to declare that

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Ta-Ta Towel: Why the world has gone mad for a towel bra

ByNathan BissittAugust 4, 2017

Bum-enhancing leggings! Light-up phone cases for better selfies! A stick-on bra to “give your girls a lift!”These are just a few of the products tech-savvy companies have launched into women’s social media feeds in recent months, in pursuit of viral

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Delphi closing Suffolk plant with 520 job losses

ByNathan BissittAugust 4, 2017

An engineering plant in Suffolk is to close with the loss of 520 jobs amid union claims that work is being shifted to Romania to save money. The US owner of Delphi Diesel Systems engineering plant in Sudbury told Sky News it would gradually be wound down by 2020,

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Egg vending machine installed on farm to tackle thieves

ByNathan BissittAugust 4, 2017

A family-run egg farm has installed a vending machine because so many people were abusing its honesty box system.Cavick House Farm in Wymondham, Norfolk, had been relying on the good will of customers to pay the correct amount for their eggs.David and Julie Barber

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Aldi pulls eggs from German stores over fipronil poison fear

ByNathan BissittAugust 4, 2017

Supermarket giant Aldi has withdrawn all eggs from sale from its stores in Germany as they may have been contaminated by insecticide.Tests showed that the chemical fipronil, which can harm people’s kidneys, liver and thyroid glands, was found in eggs from the

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Dollar jumps as US job figures beat forecast

ByNathan BissittAugust 4, 2017

The dollar has rallied strongly against the pound after official figures showed better-than-expected US job figures and some encouragement on wage growth. The greenback gained against major international currencies when the US Labour Department reported 209,000 net

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OnTheMarket plans to join stock market to rival Rightmove

ByNathan BissittAugust 4, 2017

The UK’s third biggest property portal, OnTheMarket.com, plans to raise £50m by issuing shares on the stock market.It will use the money to help it compete against its larger rivals Zoopla and Rightmove, which currently dominate the market.OnTheMarket.com is