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Fujitsu not a parasite for profiting after Horizon scandal, says boss
Posted onArchie Mitchelland Esyllt Carr,Business reporters Parliament TV Fujitsu’s European boss Paul Patterson answered questions from the Business and Trade Committee Fujitsu is “not a parasite” for continuing to profit from government contracts in the wake of the Post Office Horizon scandal, its boss told MPs. European chief executive Paul Patterson said Fujitsu had been given…
Trump says $72bn Netflix-Warner Bros deal could be a problem
Posted onUS President Donald Trump has flagged potential concerns over Netflix’s planned $72bn (£54bn) deal to buy Warner Brothers Discovery’s movie studio and popular HBO streaming networks. At an event in Washington DC on Sunday, he said Netflix has a “big market share” and the firms’ combined size “could be a problem”. On Friday, the two…
Leon will focus on stations and airports to revive fortunes, boss says
Posted onEmer MoreauBusiness reporter Getty Images Fast-food chain Leon will open more restaurants in service stations, airports and train stations, after it closes 20 on the High Street, its boss has said. John Vincent said the upcoming rises in business rates along with overall cost increases means the High Street is no longer as profitable. Leon…
Scottish government aiming to issue first bonds in 2026-27
Posted onCraig WilliamsBBC Scotland Getty Images Government bonds allow money to be raised through the markets The Scottish government is “on track” to issue its first ever bonds in the next financial year, according to the first minister. John Swinney confirmed bonds should be issued in 2026-27, though this is subject to the outcome of May’s…
Ozempic maker Novo Nordisk’s board shaken up as directors quit
Posted onThe company behind weight-loss jab Wegovy and diabetes drug Ozempic will have a boardroom clear-out, with seven board members including the chairman set to depart. Novo Nordisk on Tuesday said chairman Helge Lund, vice chair Henrik Poulsen and five directors will not stand for re-election at an extraordinary investor meeting in November. The departures came…
