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BAB - Babcock International News Story

217.8p -4.9  -2.2%

Last Trade - 18/09/20

Mid Cap
Market Cap £1.10bn
Enterprise Value £2.89bn
Revenue £4.45bn
Position in Universe 362nd / 1807

PRESS DIGEST- British Business - March 9

Thu 9th March, 2017 1:43am
March 9 (Reuters) - The following are the top stories on the 
business pages of British newspapers. Reuters has not verified 
these stories and does not vouch for their accuracy. 
    The Times 
    David Cumming, one of Standard Life Plc's  SL.L  star fund 
managers, has quit only four days after the Scottish investment 
house's parent company unveiled a shock 11 billion pound ($13.38 
billion) mega-merger with Aberdeen Asset Management Plc  ADN.L . 
    Soaring rental costs and caps to housing benefits are 
pushing the most vulnerable tenants out of the private rental 
market, estate agents and chartered surveyors have warned. 
    The Guardian 
    Finance minister Philip Hammond sparked a political row on 
Wednesday with a tax grab on self-employed workers that breached 
a Conservative manifesto pledge not to raise national insurance 
    Loss-making Royal Bank of Scotland Group Plc  RBS.L  has 
awarded bonuses in shares to its top management team worth 
almost 16 million pounds. 
    The Telegraph 
    Economic growth this year will be faster than in 2016, 
according to the government's independent forecaster, in a 
welcome boost for policymakers as UK prepares to leave the 
European Union. 
    Football fans who watch live matches for free via popular 
Kodi set-top boxes face a crackdown after the High Court 
approved a Premier League effort to shut down unlicensed streams 
    Sky News 
    BAE Systems Plc  BAES.L , Babcock International Group Plc 
 BAB.L  and Rolls-Royce Holdings Plc  RR.L  have extended a 
multimillion pound support package for Sheffield Forgemasters, 
Britain's oldest steel-maker. 
    Philip Hammond will follow up his controversial budget with 
a visit to the Midlands, where he will pledge 400 million pounds 
in government investment for the region. 
    The Independent 
    International Trade Secretary Liam Fox will meet with 
representatives from Commonwealth countries in London on 
Thursday in a bid to promote free-trade deals between Britain 
and African countries, a plan that has been internally dubbed 
"empire 2.0" by some Whitehall officials. 
($1 = 0.8221 pounds) 
 (Compiled by Ismail Shakil in Bengaluru; Editing by Sandra 
 ((; Within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 3538; Reuters Messaging: 
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