PRESS DIGEST- British Business – June 25

June 25 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Britain-based hedge fund Seneca Investment Managers is understood to have approached other institutional shareholders to force changes to the five-person board at Woodford Patient Capital Plc. bit.ly/2J2jeSd British […]

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TIMELINE-Key dates for Britain's Brexit crisis

LONDON, June 24 (Reuters) – Britain is due to appoint a new prime minister and attempt to renegotiate the terms of its Brexit deal, all before Oct. 31, when it is scheduled to leave the European Union. What are the key dates between now and Brexit day? LEADERSHIP CONTEST The ruling Conservative Party are in the process of selecting a […]

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Ex-divs to take 6.18 points off FTSE 100 on June 27

LONDON, June 24 (Reuters) – The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 6.18 points off the index. RIC Name Dividend Stock Impact (pence) Option BRITISH […]

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PRESS DIGEST- British Business – June 19

June 19 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Plans for a flotation or sale of Domestic & General have been shelved by its private equity owner. CVC Capital Partners had been looking for a valuation of […]

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State cyber-attack poses big danger for UK banks: Bank of England

LONDON (Reuters) – A state-backed cyber-attack could secretly corrupt the records of British financial institutions over a period of months, posing a risk that banks would probably struggle to guard against on their own, a senior Bank of England policymaker said. Banks have focused mainly on stopping service outages, but the falsification of transaction records and other data was an […]

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UK PM contender Javid says would back leave in any second EU referendum

LONDON (Reuters) – Interior minister Sajid Javid, a contender to replace Prime Minister Theresa May, said on Monday he would vote to leave the European Union if Britain held a second referendum because it was time to end the never-ending debate. Asked whether he would vote leave or remain in a second referendum, Javid told journalists at a hustings debate […]

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