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The Latest Breaking News from Group

Russia exit will cost London Stock Exchange £60 million

Turning its back on Russia will cost the London Stock Exchange Group an estimated £60 million this year, the company admitted today.

Evening Standard

Hope India reconsiders, takes more critical stance against Russia: Polish Foreign Minister

Warsaw calls for New Delhi to join humanitarian conference on Ukraine, seeks support on demand for Russia’s ouster from G-20

The Hindu

First Group appoints Graham Sutherland as its new chief executive

Sutherland was appointed to the position of chief executive on 16 May and has held numerous leadership roles in the telecommunications sector

Insider UK

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Wood Group's chief executive announces retirement following $78 million restructuring

Watson will remain on the board and as chief exeuctive until his successor is found

Insider UK

PageGroup CEO Steve Ingham stepping down after 16 years in charge

Ingham first joined PageGroup in 1987 aged 25.

Evening Standard

French bank Societe Generale to sell Russia unit to oligarch

Paris (AFP) - French banking group Societe Generale said on Monday it was ceasing activities in Russia and selling its Rosbank unit to an investment firm founded by an oligarch close to the Kremlin.

AFP

French bank Societe Generale to exit Russia

Paris (AFP) - French banking group Societe Generale said Monday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of the country.

AFP

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Newcastle broker The Sphere Group snapped up by Leeds rival

The Sphere Group has been acquired by JM Glendinning Group and will move into the new owner's Tyneside base

Birmingham Post

Wipro will continue to invest in TS: Azim Premji

Minister KTR urges the Group’s founder chairman to set up a private university in TS

The Hindu

Boss of Manchester Airport quits to 'pursue fresh opportunities' amid growing backlash

“I am sorry to lose Karen after her years of valuable service, but also understand her desire to return to the south for family reasons and indeed to explore new career opportunities.

Manchester Evening News

One of Wales' leading training firms is now employee-owned

Ystrad Mynach-based Educ8 Training Group is now majority owned by its staff.

Birmingham Post

7,000 Sunderland homes to benefit from major £39.4 million Gentoo investment

This announcement follows the unveiling of a £19-million-pound investment into Pennywell, where 1100 properties will benefit from a unique whole-house improvement over the next three years

Chronicle Live

Lavrov, Arab Delegation Discuss Ukraine Crisis

The Arab League said a delegation of the Contact Group on Ukraine held on Monday talks in Moscow with Russian Foreign Minister Sergey Lavrov and other officials to offer mediation between Russia and Ukraine for a solution to the ongoing conflict. The delegation included Arab League Secretary-General Ahmed Aboul Gheit…

Asharq Al-Awsat

Arab Delegation Visits Russia Monday

The Arab League said a delegation of the Contact Group on Ukraine would start a visit Monday to Moscow to meet with Foreign Minister Sergei Lavrov, then head to Poland to meet with Ukrainian Foreign Minister Dmytro Kuleba. The delegation will include Arab League Secretary-General Ahmed Aboul Gheit and the…

Asharq Al-Awsat

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Birmingham Post

Inspired PLC vows to help customers through energy crisis as inflation forces prices higher

The group's revenue also increased by almost 50%

Daily Mirror

Lloyds banking group announces 60 closures including Halifax branches - see full list

Lloyds, Bank of Scotland and Halifax are to close 60 branches across the UK, with parent company Lloyds Banking Group blaming a rise in people using online services

Input

Facebook's new Group admin tools won't stop the misinformation flood

Meta is introducing new moderation tools for Groups, but tools are only as effective as the admins using them.

Birmingham Post

Transport group Go-Ahead appoints new chief financial officer

Sarah Mussenden - who is currently interim chief financial officer at Royal Mail UK - starts the job in May

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Birmingham Post

Leon and Cooplands deals help sales and profits surge at Issa brothers-owned EG Group

The billionaire brothers also own Asda, which does not form part of the wider group

Wales Online

British Airways owner IAG halves losses to £3.5bn in Covid bounce back

The group reported revenue had increased 8.3 per cent to £8.5 billion in the year to December to slash its deficit

Birmingham Post

Go-Ahead Group franchise loss to cost company up to £81.3m

It includes £30m for a potential fine and £51.3m identified by an independent investigation

Birmingham Post

Go-Ahead Group to publish results this week following franchise investigation delays

The Newcastle firm's shares have been suspended since January but it will soon apply to the FCA for the restoration of the listing

Asharq Al-Awsat

GFH Reports $84.22 Mn Net Profit

GFH Financial Group announced its financial results for the fourth quarter of 2021, with a net profit attributable to shareholders was $23.88 million, up 8.92 percent, compared with $21.93 million in the fourth quarter of 2020. The increase resulted from continued solid performance across the Group’s core business lines and…

Birmingham Post

Affordable homes firm MJ Gleeson sees sales and profits jump 21%, driven by strong demand

CEO James Thomson says the group is helping first time buyers 'a way out of the renting trap'

Benzinga

GXO Logistics To lead BT's Supply Chain Outsourcing

GXO Logistics Inc (NYSE:GXO) entered a partnership to outsource and transform part of BT Group plc's (OTC:BTGOF) supply chain across the U.K. as part of a new, long-term relationship. The new partnership with GXO forms part of BT's ongoing strategy to simplify and modernize its business. BT will be outsourcing its core warehouse and…

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