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14.12.25 - 17:36
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Daily Mail owner secures funding for £500m takeover of Telegraph (The Guardian)
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Details of financing structure to be reviewed by culture secretary and regulators before deal can proceedThe owner of the Daily Mail has secured funding for a £500m takeover of the Telegraph, in a crucial development that paves the way for the group to announce the terms of its acquisition on Monday.Lord Rothermere's Daily Mail and General Trust (DMGT) has agreed to pay the sum in two instalments, according to weekend reports. An initial payment of £400m will be funded by an increase in the group's debt with its longstanding lender NatWest and existing company cash. Continue reading......
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02.12.25 - 10:06
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Lumera AB appoints Duncan Howorth to Board of Directors (Cision)
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Stockholm, December 2, 2025 – Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has appointed Duncan Howorth to the Board of Directors.
Duncan Howorth previously served as Chair of ITM, a provider of data management and technology solutions acquired by Lumera in 2024. Following the acquisition, he has functioned as Senior Advisor to Lumera UK. Duncan's professional experience includes several board-level roles. He currently serves as a non-executive Director of NatWest Cushon.
“We are very pleased to have Duncan...
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25.11.25 - 13:36
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UK bank shares rise after reports of budget tax reprieve (The Guardian)
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NatWest, Lloyds and Barclays stock up amid expectation Rachel Reeves will spare lenders from further levyBusiness live – latest updatesUK bank shares have jumped as investors grow increasingly confident that the industry will be shielded from tax rises in Rachel Reeves's budget this week.Shares in some of the UK's largest high street lenders rose more than 2% at the start of trading on Tuesday, after reports that the Treasury had asked the sector to issue supportive statements about the following day's budget, raising expectations they would be spared a further levy. Continue reading......
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06.11.25 - 13:12
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Banks poised to escape tax rises in Rachel Reeves′s budget (The Guardian)
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UK bank shares rise after reports, with chancellor wanting sector to remain competitive to help economic growthThe chancellor has decided against increasing taxes on banks in this month's budget, according to reports, which sent UK bank shares higher on Thursday.Shares in the high street bank NatWest were up by 2.5% and the rival Lloyds climbed by 2.3%, putting them among the top risers on London's FTSE 100. Continue reading......
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