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Daily Telegraph: RedBird Capital pulls out of deal to buy newspaper
US investment group RedBird Capital has pulled out of a deal to buy the Daily and Sunday Telegraph for £500m. RedBird had a previous attempt to buy the Telegraph rebuffed by politicians as it was majority-funded by Abu Dhabi’s IMI group – which is owned in turn by the Abu Dhabi royal family. A law…
Pensioners in Walsall see energy bills quadruple overnight
Rachel AlexanderLocal Democracy Reporter LDRS Residents in Woodall and Hamilton House, both in Bloxwich, Walsall, are seeing a large rise in their energy bills Pensioners living in two tower blocks said they felt like “second class citizens” after a social landlord quadrupled their heating and hot water bills overnight. It was now cheaper to boil…
US sanctions Russian oil companies after failed Putin talks
Bernd Debusmann Jr,at the White House and Max Matza ‘It was time’, says Trump on increase in Russia sanctions The US has announced new sanctions targeting Russia’s two largest oil companies – Rosneft and Lukoil – in an effort to pressure Moscow to negotiate a peace deal in Ukraine. “Every time I speak to Vladimir,…
