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'Rich List' tycoon is jailed for £350m fraud involving 324 bogus companies
The Independent, p.9 Three businessmen at the centre of one of the biggest and longest-running frauds in banking history received stiff prison sentences yesterday after their £350m edifice of deceit was brought tumbling down by a fax sent to the wrong office. | |||||||||
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Fresh pressure on BP as its chief in Russia faces inquiry
The Independent, p.44 At BP's headquarters in St James's Square, there is a distinct sense that, after months of scattered but sustained disruptions to its vital Russian business, the end game is approaching. | |||||||||
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From zero to hero?
The Independent, p.46 For years, Wal-Mart was attacked for exploiting its staff and suppliers. But now the world's biggest retailer has stopped fighting its critics and started listening. | |||||||||
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Rail passengers to stay on the slow track because it's a greener option
The Times, p.8 Britain is to be left out of Europe’s high-speed rail revolution because the Government has decided that 200mph trains are bad for the environment. | |||||||||
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Banks could face consumer challenge as watchdog looks into payment protection
The Times, p.51 Banks that have sold payment protection insurance (PPI) could face a wave of compensation claims after the Competition Commission said that 14 million consumers had been overcharged by an estimated £1.4 billion, or an average of £100 a year. | |||||||||
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Importation of skilled workers by West criticised
The Times, p.54 Demand for skilled workers in the UK and other big Western countries would create more inequality and dead zones in the regions that provide these employees, European business leaders and academics said yesterday. | |||||||||
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Long-hours culture is returning, warns TUC
The Guardian, p.7 The harsh economic climate is forcing many more employees to work excessive hours, research for the Trades Union Congress revealed yesterday.It found the number of people working over 48 hours a week increased by 180,000 in the first quarter of 2008. | |||||||||
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Code agreed on broadband ads
The Guardian, p.28 More than 30 broadband providers including BT, Virgin Media and TalkTalk have signed up to a voluntary code of conduct designed to prevent consumers being mis-sold high-speed internet access packages. | |||||||||
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