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MPs demand regulator to crack down on bailiffs

[ad_1] Image copyright Getty Images MPs have said bailiffs should be regulated to stop them breaking rules and even the law to collect debts.It follows a dramatic rise in cases of bailiffs using intimidating behaviour, threatening to break into homes and in some cases, unlawfully doing so.The Parliamentary Justice Committee says a regulator was needed to ensure that people in debt are treated fairly. Chair of the Justice Committee, Bob
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Rail firms face £7.5bn pensions gap, says regulator

[ad_1] Image copyright Reuters Train companies face a pensions black hole of up to £7.5bn, the Pensions Regulator has warned.The warning was made in a letter to lawyers representing the rail industry trade body, the Rail Delivery Group.The issue has burst into the open after it led the Department for Transport (DfT) to bar Stagecoach from bidding for three franchises.Virgin Trains, which is majority-owned by Stagecoach, is likely to cease
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JetBlue to launch flights to London

[ad_1] Image copyright JetBlue US airline JetBlue has announced that it will launch its first transatlantic services in 2021, with flights from New York and Boston to London. The 20-year-old company says the transatlantic market suffers from poor competition and high fares, especially in the premium category.It will be JetBlue's first foray into Europe - it currently operates in the US, the Caribbean and Latin America.The airline has not yet
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Tata steel unions ‘unconvinced’ by merger

[ad_1] Image caption Unions are against the sale of Trostre tinplate works Unions at Tata are now "unconvinced" the proposed merger with the German steel giant Thyssenkrupp should happen.This is despite previous support for the deal.It comes after the two companies proposed measures including the sale of Tata's Trostre site in order for the merger to get the go-ahead from the EU.The European Commission is concerned the joint venture would
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Anger over queue for Avengers: Endgame tickets

[ad_1] Image copyright Walt Disney Studios Advanced sales of Avengers: Endgame movie tickets in Singapore caused cinema websites to crash on Wednesday. Singaporean Marvel fans took to social media to complain after being unable to purchase cinema tickets.Shaw Cinema introduced an online queue management system that saw over 72,000 people waiting for hours for their turn to select tickets.Some people took advantage of the situation to resell the tickets online.Golden
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Philip Green buys back shares ahead of expected restructuring

[ad_1] Image copyright Getty Images US investor Leonard Green has sold its 25% stake in retailers Topshop and Topman (TSTM) back to Sir Philip Green's Arcadia retail empire.There are reports it may now seek a company voluntary arrangement (CVA), allowing it to cut rents and close stores.The group includes brands such as Burton, Miss Selfridge as well as TSTM.In March Arcadia said that job cuts and store closures from any
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G4S shares soar on possible £3bn Canadian bid

[ad_1] Image copyright PA Shares in G4S - which runs UK prisons and botched security arrangements at the London Olympics - have jumped as much 30% after a Canadian rival admitted it was considering a takeover.Garda World, a privately-owned company, has until 8 May to table a formal offer.There was no immediate comment from G4S, which last month reported a 63% fall in full-year profits.G4S was valued at more than
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Court rules Zambians can seek compensation for pollution

[ad_1] Image copyright Vedanta Nearly 2,000 Zambian villagers have won the right to sue mining giant Vedanta over alleged pollution, the UK Supreme Court has ruled.The landmark judgement means other communities in developing countries could seek similar redress in the UK against large multinationals. Zambian villagers have been fighting for the right to seek compensation in British courts for several years.Vedanta had argued that the case should be heard in
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US accusations sends Indivior shares plunging

[ad_1] Image caption Indivior's research centre opened in Hull in 2017 Shares in drugmaker Indivior plunged after the US Department of Justice charged it with fraudulent marketing.The company was indicted by a federal grand jury in Virginia on charges including conspiracy to commit wire fraud, mail fraud and healthcare fraud.The company, which calls itself the world leader in addiction treatment is listed in London, with a research centre in Hull
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UK economy grows faster than expected ahead of Brexit

[ad_1] Image copyright Getty Images Stockpiling by manufacturers ahead of Brexit helped the UK economy grow by 0.3% in the three months to February.The Office for National Statistics pointed to manufacturers "changing the timing of their activities" as the UK's exit from the EU approaches. Although growth was stronger than the 0.2% many economists forecast, Rob Kent-Smith, head of GDP at the ONS, said growth "remained modest".On a monthly measure,