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Thistle Wind Partners Submits Plans for Bowdun Offshore Wind Farm in Scotland

Thistle Wind Partners Submits Plans for Bowdun Offshore Wind Farm in Scotland

Thistle Wind Partners has submitted plans for the Bowdun Offshore Wind Farm, located 44 km off Stonehaven in North East Scotland. The application for planning permission in principle covers the onshore infrastructure, including the landfall point, underground cable corridor, and onshore substation. This submission follows extensive public consultations and an Environmental Impact Assessment. The project aims to deliver power to over one million homes and includes a significant investment in local operations and maintenance, expected to create around 60 long-term jobs.
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Corporate Travel Management Faces Legal Threats Over Overcharging Scandal

Corporate Travel Management Faces Legal Threats Over Overcharging Scandal

Corporate Travel Management (CTM) is under scrutiny after a financial review revealed the company overcharged customers by approximately AU$162 million. The scandal has led to the suspension of the company's UK executive, Michael Healy, and has prompted investigations by Britain's Cabinet Office and the Greater London Authority. Litigation funders and law firms are examining the case, which may involve allegations of misleading conduct and breaches of disclosure rules. The potential legal claims could target CTM's financial statements and involve the company's directors and former auditor, PricewaterhouseCoopers. The situation raises questions about the company's financial practices and compliance with regulatory standards.
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Sharebite Expands to UK, Aiming to Enhance Workforce Productivity Through Meal Benefits

Sharebite Expands to UK, Aiming to Enhance Workforce Productivity Through Meal Benefits

Sharebite Expands to UK, Aiming to Enhance Workforce Productivity Through Meal Benefits
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Brookfield Corp. Expands Property and Casualty Insurance Business for Global Dominance

Brookfield Corp. Expands Property and Casualty Insurance Business for Global Dominance

Brookfield Corp. Expands Property and Casualty Insurance Business for Global Dominance
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European Markets React to U.S. Federal Reserve's Interest Rate Cut

European Markets React to U.S. Federal Reserve's Interest Rate Cut

European markets are expected to open flat to lower following the U.S. Federal Reserve's recent interest rate cut. The Fed reduced the Federal Funds rate by 25 basis points to a range of 3.5%-3.75%, marking its third cut of the year. Despite this move, global markets, including those in Europe, are showing a lackluster response, with indices such as the UK's FTSE, Germany's DAX, and Italy's FTSE MIB projected to open slightly lower. Fed Chair Jerome Powell indicated that the rate cut positions the Fed comfortably to observe economic developments, while acknowledging the inflationary impact of President Trump's tariffs.
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Storm Bram Causes Severe Weather Disruptions Across the UK

Storm Bram Causes Severe Weather Disruptions Across the UK

Storm Bram is causing significant disruptions across the UK, with heavy rain and strong winds leading to 'danger to life' warnings. The Met Office has issued yellow and amber warnings for wind and rain, particularly affecting Northern Ireland, Wales, Scotland, and parts of England. The storm has already resulted in power outages, transportation cancellations, and flooding in several areas. The severe weather follows months of unusually wet conditions, exacerbating the impact of the current storm.
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Scottish Manufacturers Gain Competitive Edge Through AI Initiative

Scottish Manufacturers Gain Competitive Edge Through AI Initiative

Scottish Manufacturers Gain Competitive Edge Through AI Initiative
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L’Oréal Expands Stake in Galderma, Strengthening Dermatology Focus

L’Oréal Expands Stake in Galderma, Strengthening Dermatology Focus

L’Oréal Expands Stake in Galderma, Strengthening Dermatology Focus
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UK grocery inflation steady at 4.7%, keeps pressure on households, says Worldpanel

UK grocery inflation steady at 4.7%, keeps pressure on households, says Worldpanel

By James Davey LONDON, Dec 9 (Reuters) - British grocery inflation held steady at 4.7% in the four weeks to November 30, industry data showed on Tuesday, keeping the pressure on households who are facing higher bills as they head into the Christmas holiday period.
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Connect Three Plans UK Expansion Amid Economic Challenges

Connect Three Plans UK Expansion Amid Economic Challenges

Connect Three Plans UK Expansion Amid Economic Challenges
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Shaw Gibbs Acquires Reality HR to Expand Advisory Services

Shaw Gibbs Acquires Reality HR to Expand Advisory Services

Shaw Gibbs Acquires Reality HR to Expand Advisory Services
Reuters Reuters
Trafigura lifts dividend payments in 2025 despite lower net profits

Trafigura lifts dividend payments in 2025 despite lower net profits

By Robert Harvey LONDON, Dec 9 (Reuters) - Global commodities trading house Trafigura raised its dividends by 50% to almost $3 billion in 2025, despite a small drop in net profit after a second consecutive year of high impairments.