Diamond eyes Tandem in UK retail bank return 

An investment vehicle founded by the former Barclays chief Bob Diamond‎ is weighing a deal that would catapult him back into the British retail banking sector after a five-year absence. Sky News has learnt that Atlas Merchant Capital‎ (AMC) is in discussions about buying a stake in Tandem Money, …

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Cash controversy: The High Streets with too many ATMs

Shoppers in Gallowtree Gate, in the centre of Leicester, should never find themselves short of cash.Within a five minute walk they can find no fewer than 68 cash machines, or Automated Teller Machines (ATMs) as they are more properly known.Including machines inside the banks themselves, there are 41 within …

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Sky News faces uncertain future after Disney-Fox deal

Walt Disney’s agreement to buy most of 21st Century Fox’s business for $52.4bn (£39bn) has raised further questions about the Sky News channel’s future.Before news of the deal, Rupert Murdoch’s Fox had been trying to buy the 61% of satellite broadcaster Sky that it does not yet own.That attempt …

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Ryanair in union offer to avoid Christmas strikes

Ryanair has said it is prepared to recognise pilot unions as it seeks to avoid strike disruption over the Christmas period. Earlier this week, 79 Dublin-based Ryanair pilots said they would strike for one day on 20 December.The airline was also facing action by pilots elsewhere in Europe. Ryanair …

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Unilever sells margarine business to KKR for £6bn

Unilever has agreed to sell its margarine and spreads business, which include Flora and ProActiv, to private equity giant KKR for €6.8bn ($8bn; £6bn).The move follows a wide-ranging review of its business which was prompted by a takeover attempt by rival Kraft.Unilever said it would look for a buyer …

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