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BT has said its pension funding deficit, which was nearly £8bn in 2020, shrunk to £3.7bn in June this year, and its annual contribution amounts will stay the same.
Vodafone's group revenue has declined 4.3 per cent in the first half of the year — compared to the same period last year.
Telecom operators could lose over $3bn (£2.5bn) in revenue globally over the next five years as messaging apps steal market share.
British shopping centre giant Hammerson is reportedly in advanced talks to sell its £1bn stake in Value Retail, owner of Bicester Village, the luxury retail complex.
Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its newly formed insurance venture, citing "insufficient" cash commitments due to volatile capital markets.
Deputy Prime Minister Oliver Dowden has announced plans to enhance the business-friendliness of the UK's investment screening powers.
The £5.6m fine, to be paid to HM Treasury within two months, includes a 30 per cent reduction, acknowledging Royal Mail's admission of liability.
British defence firm Babcock has signed a four-year deal worth £750 with the Ministry of Defence to build and maintain UK submarines.
High Speed One (HS1), the UK's only high-speed and international rail line, has announced Robert Sinclair, as its incoming chief executive.
Diageo said it expects a slowdown in net sales growth in the first half of 2024, thanks to a performance downturn in Latin America and the Caribbean (LAC).
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