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U.K. markets news

Aviva tries to sweet-talk shareholders on merits of �5.6bn tie-up with rival ...
Aviva is this weekend aiming to persuade its own shareholders of the merits of its proposed deal for a �5.6billion tie-up with rival Friends Life.
Aviva in $8.8 billion pact to buy Friends Life after pensions shake-up  Arab News
Aviva stuns insurers with Friends Life bid  The Times (subscription)
Daily Mail   Related articles »  
Aviva says will compensate customers sold wrong annuities
LONDON (Reuters) - British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process.
Pension companies face flood of compensation claims over mis-sold annuities  This is Money
Potentially massive annuity mis-selling scandal ripples through U.K. (AV)  Seeking Alpha
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Sky shareholders in revolt over secretive and 'excessive' bonuses
The pay-TV giant Sky has been hit by a revolt over pay as 55 per cent of independent shareholders failed to back the remuneration report.
Sky shareholder mutiny over remuneration report  Market Business News
More than half of independent Sky shareholders fail to back bonus package  The Guardian
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UK public finances off track despite improvement
LONDON: Britain's public finances improved slightly in October but finance minister George Osborne is still unlikely to meet his budget goals before next year's general election.
Britain's public finances show improvement for October  Times of Malta
Government to miss borrowing and debt targets  Morning Star Online
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OPEC panel reviews oil outlook in a start to talks on oversupply
LONDON/DUBAI Nov 21 (Reuters) - A panel of national representatives reviewed OPEC's oil market outlook for 2015 this week, OPEC sources said, preparing the ground for a policy-setting meeting next week that will decide how to address a looming ...
Crude Rises as China Rate Cut Spurs Optimism About Demand  Businessweek
OPEC Muscle Flexing Pushes Crude To Value Levels  Seeking Alpha
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BoE probes money-market rigging
LONDON: The Bank of England (BoE) has opened a formal investigation into the possible manipulation of money-market auctions held at the start of the financial crisis and whether its officials were involved, the Financial Times reported today.
Bank of England 'probes money-market rigging'  Business Standard
Bank of England to probe whether staff helped rig money auctions  Financial Times
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Chewing gum companies told to help pay multi million-pound bill for street ...
But discarded gum is a problem that blights most city centres - and Nottingham is no different. Chewing gum manufacturers have now been told they must help pay the multi million-pound bill for cleaning the country's streets, following demands by councils.
DISCUSS: Should Milton Keynes Council charge gum manufacturers for clear up?  Milton Keynes MKWeb
Getting Producer Pays Wrong; Wrigley, Chewing Gum Manufacturers, Should ...  Forbes
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House prices: Bristol helps boost the value of UK homes to �5 trillion
The value of all Britain's houses put together has reached more than �5 trillion for the first time - and Bristol's homeowners contributed to the milestone.
�5trillion in bricks and mortar: Value of UK homes surges past milestone ...  This is Money
Housing stock valued at �5 trillion  Belfast Telegraph
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Hornby cuts losses with new toys
The Flying Scotsman and a World War II aircraft have helped Hornby, the model maker, to cut losses. Hornby has endured a troublesome period over the last two years due to disappointing sales of its London 2012 Olympic merchandise and problems with a ...
Hornby back on track
Toymaker Hornby back on track as half year losses narrow  This is Money
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Rolls Royce in �3.2bn deal with Delta
SPLUTTERING engine maker Rolls-Royce hailed �a vote of confidence� yesterday after sealing a �3.2billion deal with Delta Air Lines.
Rolls-Royce wins $5 billion order from Delta  Reuters UK
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