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FirstGroup shares plunge after rights issue and sharp fall in profits
feeds.guardian.co.uk | 08:00 PM May 20
Train and bus operator turns to shareholders for £615m and scraps final dividend in effort to reduce debtsFirstGroup, the train and bus operator, has turned to shareholders fo ...
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Nationwide plans to issue new loss-absorbing debt
Reuters UK | 07:00 PM May 20
LONDON (Reuters) - Nationwide, Britain's biggest customer-owned financial services group, plans to issue a new form of so-called loss-absorbing debt in order to bolster its capital ...
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Nationwide plans to issue new loss-absorbing debt
Reuters UK | 06:30 PM May 20
LONDON (Reuters) - Nationwide, Britain's biggest customer-owned financial services group, plans to issue a new form of so-called loss-absorbing debt in order to bolster its capital ...
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Exclusive - Japan panel warns of dangers if debt unaddressed
Reuters UK | 01:30 PM May 20
TOKYO (Reuters) - A Japanese government panel warns there is "absolutely no" guarantee that domestic investors will keep buying government bonds, citing the risk of a spike in bond ...
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FirstGroup shares slump by a fifth as troubled bus and train operator announces £615m fund-raising bid
Independent | 11:30 AM May 20
The struggling bus and train operator FirstGroup tapped investors for £615 million to cut debts and axed the dividend as profits slumped. ...
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FirstGroup launches rights issue as profit falls
Reuters UK | 08:30 AM May 20
LONDON (Reuters) - Bus and rail operator FirstGroup said it would raise 615 million pounds through a rights issue to pay down debt after its full-year profit fell more than a third ...
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FirstGroup launches rights issue as profit falls
Reuters UK | 08:00 AM May 20
LONDON (Reuters) - Bus and rail operator FirstGroup said it would raise 615 million pounds through a rights issue to pay down debt after its full-year profit fell more than a third ...
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EU ridiculed for banning olive oil jugs from restaurants
feeds.guardian.co.uk | 02:00 PM May 19
Move to ensure olive oil is served in non-refillable bottles condemned as weirdest decision since curvy cucumber rulingEU bureaucrats have been ridiculed for shifting their focus f ...
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EU ridiculed for banning olive oil jugs from restaurants
Guardian | 01:45 PM May 19
Move to ensure olive oil is served in non-refillable bottles condemned as weirdest decision since curvy cucumber rulingEU bureaucrats have been ridiculed for shifting their focus f ...
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FirstGroup plans 600 million rights issue - report
Reuters UK | 01:00 PM May 19
LONDON (Reuters) - Bus and rail operator FirstGroup plans to announce a 600 million pound ($911.5 million) rights issue in the coming days to help pay off debt, British media repor ...
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U.S. judge revives Dexia's mortgage lawsuit versus JPMorgan
Reuters UK | 02:00 AM May 18
(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion (1 bill ...
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U.S. judge revives Dexia's mortgage lawsuit versus JPMorgan
Reuters UK | 01:30 AM May 18
(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion (1 bill ...
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US debt ceiling deadline extended to September
Ft.com | 11:30 PM May 17
In a letter to Congress, the Treasury secretary said he was initiating
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US debt ceiling deadline extended to September
Ft.com | 11:15 PM May 17
In a letter to Congress, the Treasury secretary said he was initiating
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China president takes charge of sweeping economic reform plans - sources
Reuters UK | 01:30 AM May 17
BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning pol ...
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China president takes charge of sweeping economic reform plans - sources
Reuters UK | 01:30 AM May 17
BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning pol ...
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China president takes charge of sweeping economic reform plans - sources
Reuters UK | 11:00 PM May 16
BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning pol ...
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£1.6bn refinancing lifts the debt cloud for Thomas Cook
Independent | 02:30 PM May 16
Travel giant Thomas Cook today took a huge step towards recovery with a £1.6 billion refinancing of its vast debt pile, just 18 months after the 172-year old company veered cl ...
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Independent Scotland a 'basket case' if it refuses share of UK debt
telegraph.feedsportal.com | 06:30 AM May 16
An independent Scotland would be regarded as a "basket case" on the world stage if Alex Salmond made good his threat not to accept a share of the UK's national debt, Danny Alexande ...
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IMF board OKs Cyprus loan, warns of risks
Reuters UK | 01:00 AM May 16
WASHINGTON (Reuters) - The International Monetary Fund's executive board approved a $1.3 billion (853.7 million pounds), three-year loan to Cyprus on Wednesday, part of a larger in ...
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IMF board OKs $1.3 billion loan for Cyprus
Reuters UK | 08:30 PM May 15
WASHINGTON (Reuters) - The IMF's executive board approved a $1.3 billion (854.2 million pounds), three-year loan to Cyprus on Wednesday, part of a larger international bailout to h ...
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JC Flowers buys British debt collection business from AnaCap
Reuters UK | 04:00 PM May 15
LONDON (Reuters) - Private equity firm AnaCap said on Wednesday it had agreed to sell British consumer debt collector Cabot Credit Management (CCM) to U.S. investment firm JC Flowe ...
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Exclusive - Ghana plans up to $1 billion Eurobond in 2013
Reuters UK | 03:30 PM May 15
ACCRA (Reuters) - Ghana plans a Eurobond worth up to $1 billion (655 million pounds) to refinance debt and fund infrastructure projects, its vice president said, adding to the list ...
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China's corporate debt market set to challenge US
Ft.com | 10:30 PM May 14
Standard & Poor's report says that in terms of outstanding non-financial debt the US will slip into second place in 2014-15 ...
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China's corporate debt market set to challenge US
Ft.com | 10:15 PM May 14
Standard & Poor's report says that in terms of outstanding non-financial debt the US will slip into second place in 2014-15 ...
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Darling to coalition: stop dithering over new runway
feeds.guardian.co.uk | 05:30 PM May 14
Former chancellor says decision on airport capacity needed urgently to prevent lost decade of flat economic growth and rising debtThe coalition must move urgently to promote big-ti ...
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British families are the deepest in debt
telegraph.feedsportal.com | 01:30 PM May 14
British families are the most heavily indebted in the developed world despite austerity, figures have shown. ...
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£27m in debt but state-owned Channel 4 bosses get bigger bonuses
www.standard.co.uk | 12:00 PM May 14
Channel 4 paid increased bonuses to its bosses last year despite the state-owned broadcaster going £27
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German investor morale rise points to timid recovery
Reuters UK | 11:30 AM May 14
MANNHEIM, Germany (Reuters) - German analyst and investor sentiment edged up in May after dropping sharply in the previous month, suggesting the euro zone's largest economy is over ...
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Europeans losing faith in EU, French disillusioned - survey
Reuters UK | 11:30 PM May 13
BRUSSELS (Reuters) - Europe's debt crisis has shattered its citizens' faith in the European Union and increased distrust between core nations, although support for the euro currenc ...
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Thousands pensioners have debts up to £100,000 in retirement
Mail Online | 06:00 PM May 13
Research from retirement firm MGM Advantage claims that potentially more than 250,000 Britons are seeing out their retirement with credit card, personal loan or overdraft debts of ...
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Mortgages: how many Britons have one, and how much do they owe?
feeds.guardian.co.uk | 04:30 PM May 13
Mortgages are just a fact of life, aren't they? Not for everyone
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Total property debt of British households stands at £848bn
feeds.guardian.co.uk | 02:00 PM May 13
ONS figures show that those with loans worth at least 80% of their home's value were under the greatest burdenBritish households had outstanding property debts worth a total of ...
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StanChart falls after short seller Muddy Waters flags bad debts
Reuters UK | 01:30 PM May 13
LONDON (Reuters) - Standard Chartered shares fell and the cost of insuring its debt against default jumped on Monday after U.S. activist investor Muddy Waters said it had bet again ...
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Moody's downgrades Co-op Bank rating
BBC News | 04:30 AM May 13
Co-op Bank's debt rating is downgraded to "junk" status by Moody's, and its chief executive resigns after the collapse of a deal to buy branches from Lloyds. ...