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Investor group of 21 trn pounds calls for action at Aviva | Business News

A powerful group of institutional investors urge Aviva to accelerate a review of its strategy when the FTSE-100 insurer faces renewed dissatisfaction in the city over its performance. Sky News has learned that Investor Forum, whose members collectively manage assets worth about £ 21 million, has told Aviva that it needs to establish a credible long-term plan to increase its …

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McDonald's launches its Christmas menu

McDonald's unveiled its Christmas menu today – with a host of old favorites returning to light up the festive season. The much-missed Big Tasty – which has a beef burger, Emmental cheese, tomato, salad, onion and its namesake – is back after a year-long absence. Matchmaker's Cool Mint McFlurry, which also returns to the festive scene, has not been seen …

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Britain is ready to approve £ 4 billion US takeover of defense firm Cobham | Business

The government will wave through the British defense firm Cobham's takeover of £ 4 billion after Advent after the US private equity group offered to address national security concerns. Business Secretary Andrea Leadsom announced on Tuesday that the government would consult on legally binding measures to be taken by Advent, adding that she was "clearly accepting" the commitments – despite …

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Boeing gains 737 max confidence

Copyright copyright Reuters Caption All Boeing 737 Max planes are currently grounded Boeing has gained a small vote of confidence in its troubled 737 Max after another airline said it was interested in buying the aircraft. Air Astana, the Kazakh flagship company, announced at the Dubai Air Show that it wanted 30 737s for its recently launched budget airline Fly …

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TSB degradation caused by test failure, says the report

Copyright copyright Reuters Test errors in a new computer system were the cause of problems that left up to 1.9 million TSB customers without access to online banking, a report from the law firm Slaughter and May has said. In April 2018, the bank began moving customers to a new system, but some could not use it for several weeks. …

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Bill Gates supports startup with sunlight to create 1,000 C plus heat | Environment

Bill Gates is supporting a new company that aims to turn sunlight into a heat source exceeding 1,000C that can help replace fossil fuels. The world's richest man goes with investors behind Heliogen, the first company to concentrate sunlight to reach temperatures high enough to run heavy industry without carbon dioxide emissions. The technology can even reach temperatures of 1500C …

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Lidl increases hourly wage for 19,000 employees in the UK

German discount man Lidl has proposed a £ 10 million pay rise for workers, in a move that will see wages jump for 19,000 employees in March next March. The grocery store said it will increase the starting salary from £ 9.00 to £ 9.30 an hour outside London and £ 10.55 to £ 10.75 within the M25, up to …

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EasyJet restarts package travel

Copyright copyright Getty Images EasyJet launches its package travel as the airline looks to fill the gap in the industry left by Thomas Cook's departure earlier this year. About 20 million people fly with EasyJet to Europe every year, but only 500,000 book accommodation through it. The news came when the carrier reported a 26% fall in pre-tax profit to …

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