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Mastercard and Visa have been able to hike their card payment processing fees by 30 percent over the past five years because the market is broken, the Payment Systems Regulator says. Daily Express :: City and Business Feed
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Chairman of Cult Beauty and LOOKFANTASTIC owner THG must go says activist investor
Activist investment group Kelso is looking to oust THG chairman Charles Allen, for failing to tackle the online health and beauty retailer’s low share price and structural problems. Daily Express :: City and Business Feed
Read More »Travelodge seeing signs of improvement after subdued growth in the first quarter
Budget hotel chain Travelodge says its first quarter revenues are up 3.5% to £205.5million due to resilient demand from business travellers and holiday makers. Daily Express :: City and Business Feed
Read More »BT pledges pumped-up shareholder payouts as it eyes options for global unit
BT’s new chief executive Allison Kirkby says she could sell its global business telecoms division in order to focus on its core UK operations. Daily Express :: City and Business Feed
Read More »EasyJet aiming to fly high this summer after first half losses dive
Low-cost airline Easyjet says it is on track for a record summer and a strong year, after its seasonal first half pre-tax losses dived 16.4 percent to £347million. Daily Express :: City and Business Feed
Read More »Record quarter for cruises and resorts puts Tui on track for a strong year
Packaged holidays giant Tui is on track for a good year, after a “very successful” first half, according to chief executive Sebastian Ebel. Daily Express :: City and Business Feed
Read More »Royal Mail set to agree £3.5billion sale to West Ham United FC owner
Royal Mail owner International Distribution Services has agreed in principle to sell itself to Czech billionaire Daniel Kretinsky for £3.5billion. Daily Express :: City and Business Feed
Read More »Stabilising car prices help boost dealer Vertu’s profits
Car dealer Vertu says that its annual pre-tax profits have risen by £2million to £34.6million, despite falling used vehicle prices during the second half hitting its margins. Daily Express :: City and Business Feed
Read More »Tech group Raspberry Pi set to serve up London flotation
British low-cost computer hardware group Raspberry Pi is looking at a £500million flotation on the London Stock Exchange, with shares to be made available to both retail and institutional investors. Daily Express :: City and Business Feed
Read More »Royal Mail agrees to £3.5billion sale to West Ham United FC owner
Royal Mail owner International Distribution Services has agreed in principle to sell itself to Czech billionaire Daniel Kretinsky for £3.5billion. Daily Express :: City and Business Feed
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