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      Britain takes first steps on journey to 2040s North of England Olympics bid

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resignation

  • South East Water chair quits after damning report by MPs

    Water

    The chair of South East Water has resigned with immediate effect after a damning report by MPs into supply issues facing the utilities business. Non-executive chair Chris Train has departed after tens of thousands of residents in Kent faced disruption to water supplies in November and December. In a statement South East Water said: “Board [...]

    Macquarie is to invest £1.2bn into Southern Water in a move that could prevent a breach of its regulatory license.
  • Primark boss resigns after investigation into social conduct

    Retail

    Primark boss Paul Marchant has resigned after an investigation into his behaviour by Primark’s parent company ABF. ABF’s share price fell nearly four per cent after the announcement. ABF Finance Director Eoin Tonge will act as Primark chief executive on an interim basis, while ABF Group Financial Controller Joana Edwards will act as interim ABF [...]

    AB Foods-owned Primark has its flagship store on Oxford Street. (Photo by Peter Macdiarmid/Getty Images)

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