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TAXI CASH CALL HAILED

SHARES in Manganese Bronze  jumped 16.9 percent yesterday, after the makers of London’s black cabs announced a placing of new shares to raise £9.4m. It will place 5.35m shares at 187p per  share. Tough trading conditions in its core UK market meant it needed to secure extra funding, Bronze said. The company sells cars in China with partner Geely Motors.