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The latest news

The latest news - always available on cherry Cherry

Consumer news…

Watchdog admits failure to protect Carillion pensions

Yesterday

MPs probing the collapse also revealed claims that Carillion’s former finance boss, Richard Adam, said he considered the pension schemes a ‘waste of money’.

Hopes for Typhoon orders to boost BAE

Yesterday

The engineering giant assembles the jet at its base in Lancashire, but a slowdown in orders was a big reason for the loss of 1,400 UK jobs last year.

DAILY BRIEFING: Anglo American profits increase 45%

Yesterday

Profits at miner Anglo American have increased 45 per cent to £6.3bn while debt has almost halved to £3.2bn. Chief executive Mark Cutifani said dividends had increased by 40 per cent.

ON THE BOARD: Michael McLintock, Associated British Foods

Yesterday

The non-executive director at the retailer and sugar producer since November replaces Charles Sinclair who is stepping down on April 11.

Just 40 days to save Unilever City HQ

Yesterday

If the FTSE 100 firm quits London it would abandon its HQ on the River Thames. It occupies a giant 1930s-listed building with tall, white columns. It is thought around 1,000 staff work there.

MARKET REPORT: Moneysupermarket share price crashes £240m

Yesterday

The firm, which achieved notoriety in 2016 for controversial adverts featuring hotpants-clad builders, reported revenue growth of 4pc to £329.7m for the year ending December 31.

HAMISH MCRAE: How great leaders secure their legacies

Yesterday

Great business leaders are remembered not by how they made their money but how they gave it away. The Rockefeller family is known as a philanthropic foundation, not an oil cartel.

CITY DIARY: Deutsche staff given an extra week's holiday

Yesterday

Struggling Deutsche Bank's London staff have been given an extra week's holiday, increasing their annual leave allowance from 25 days a year to 30. Workers remain glum.

Persimmon shareholders plot to kick Mr £131m off the board

Yesterday

City investors are planning to give Persimmon a bloody nose at its AGM by voting against the reappointment of directors – including the chief executive, Jeff Fairburn.

Stobart Group set to launch takeover bid for Flybe

Yesterday

Stobart Group, formed out of the Eddie Stobart haulage firm, is in discussions to buy Flybe. The announcement saw shares in the airline soar by 36 per cent.

Rock n roll cars to sell for a combined £1m at auction

Yesterday

The cars include a Lamborghini 400GT first owned by Paul McCartney and a Ferrari Dino from Nick Mason's collection. A Lamborghini Rod Stewart bought as a present for himself is also on sale.

London's homes worth over twice value of top nine cities

Yesterday

The total value of London’s houses is more than double the combined value of £678billion of the other nine cities, new research shows.

Tandem credit card pays 0.5% cashback with no fees abroad

Yesterday

Challenger bank Tandem has launched a new credit card. With cashback on spending and no overseas fees should you sign up? We take a look.

We haggled car insurance quote down by 67% - here's how

Yesterday

Every year is now the same - the haggle dance on the telephone to reduce the ludicrous renewal price from car insurers. This time around, the saving was a huge 67%.

Mining giant Anglo American boasts turnaround

Yesterday

Anglo American reported a 45 per cent increase in annual earnings, halved its net debt and claimed to be 'fundamentally different' from during the commodity downturn in its latest results.

Moneysupermarket shares tank as it warns of slower growth

Yesterday

The FTSE 250 listed firm saw shares dip by as much as 27 per cent at one point to stabilise at around 17 per cent lower at 272.30p.

Porsche axes all diesel cars due to 'falling demand'

Yesterday

It means Porsche customers will no longer have the option of a new diesel-powered Macan, Panamera or Cayenne as the German manufacturer switches full attention to petrol and hybrid models.

Centrica announced a 17 per cent fall in profit

Yesterday

Centrica , the owner of British Gas, has announced a 17 per cent fall in profit but its shares rose despite this as investors welcomed the fact it has managed to keep its dividend in tact.

Most first-time buyers for 20 years

Yesterday

Depending on the evidence you choose, life is either good or bad for Britain’s first-time buyers right now. But what seem like contradictory reports, actually reveal what has happened to property.

Barclays reports a £2bn loss last year

Yesterday

Banking giant Barclays reported a 10 per cent jump in profits to £3.54bn in 2017, but huge one-off costs undid the improved trading performance.