UK Business News

Local government contractor Civica has agreed a management buy-out, backed by funds from equity group 3i.
The cash offer of 270p per share values the software group at £190million. The group supplies the software to almost 90% of councils in the UK.
3i investors have created a new company Cornwall Bidco, specifically for making the offer, and [...]

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British Airways have drafted in hundreds of volunteers as part time baggage handlers to help clear the 15,000 lost bags in the T5 fiasco.
The Airline has also called in IT experts to fix the malfunctioning luggage system. Thirty seven flights were cancelled yesterday and a further fifty four will be scrapped today.
BA said that 400 [...]

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