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Ex-Mirror Boss Bailey Lands £400,000 Payout

Written By Unknown on Kamis, 13 Maret 2014 | 00.12

By Mark Kleinman, City Editor The former chief executive of Trinity Mirror is to land a windfall of about £400,000 from an incentive scheme triggered by a recent surge in the newspaper publisher's share price. Sky News can reveal that Sly Bailey,...
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Co-Op Must 'Work To Rebuild Customer's Trust'

The chairman of the Co-operative Group has told Sky News that the mutual will need to work hard to rebuild customers' trust. Ursula Lidbetter said the Co-op must also implement governance reform in the wake of chief executive Euan Sutherland's resignation....
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World Wide Web Celebrates 25 Years

Quarter Of A Century Of The Web Updated: 3:07pm UK, Tuesday 11 March 2014 A timeline of the development of the World Wide Web. 1989: Margaret Thatcher is Prime Minister, Jason Donovan is number one and the world wide web is born. In Switzerland Sir...
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Payday Lenders Face Debt Sympathy Inquiry

A wealth of complaints about how payday lenders and other such firms treat their customers has prompted an inquiry by the City regulator. The Financial Conduct Authority (FCA), which assumes oversight responsibility for the consumer credit market...
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Facebook HQ Placed In Lockdown After 'Threat'

An apparent threat against Facebook's California headquarters has been dismissed by police after the campus was placed on a precautionary lockdown. Staff were prevented from going home for almost 90 minutes until 8:30pm local time (0330 GMT) while officers...
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Poundland And Pets At Home Share Trades Begin

Conditional trading is underway in Poundland and Pets At Home shares, with offer prices valuing the businesses at a combined total of almost £2bn. Europe's biggest single-price retailer, Poundland, set the price of its Initial Public Offering...
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Security Firm G4S Takes £386m Annual Charge

The world's biggest security firm, G4S, has confirmed it took a £386m accounting hit in 2013 - another tough year for the company in the wake of the London Olympics fiasco. G4S, which was publicly humiliated after it failed to provide enough staff to...
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Roadchef Owner Delek Revs Up £350m Sale Plan

By Mark Kleinman, City Editor The owner of Roadchef, one of Britain's biggest operators of motorway service stations, is preparing to sell the business for about £350m. Sky News understands that Delek Group, an Israeli conglomerate with interests...
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Tesco Attempts To Arrest Market Share Slide

Tesco has fired a new salvo in the supermarket price war as it attempts to halt a slide in its market share. While the chain remains easily top of the pile, its share of the UK grocery business has been eroded amid pressure from discounters such as...
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Candy Crush Owner Aims For £4.75bn Value

The firm behind the hit mobile game Candy Crush Saga could be valued at a staggering $7.6bn (£4.75bn) following its planned flotation. King Digital Entertainment, which announced its intentions for a listing on the New York Stock Exchange last month,...
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