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04/11/2007 - 23:57

Editoweb: UK today 04 nov 2007

Latest updates on the Atherstone on Stour fire - Tory candidate quits over immigration views - UK's Virgin Active set for £1b float - Sainsbury: deal or no deal?

Latest updates on the Atherstone on Stour fire (firefightingnews.com)
A media briefing was held at the scene of the fatal factory fire at Atherstone on Stour today, Sunday November 4 at 1.30pm, to give an update on the latest stage of the investigation. Chief Superintendent Paul Mason Brown opened the media briefing to re-iterate that the thoughts of all the emergency services were with the families, colleagues and friends of the fire fighters who has died and the three who are still missing.

Tory candidate quits over immigration views (mirror.co.uk)
A parliamentary candidate for the Conservative Party resigned on Sunday after saying a controversial party figure had been right when he warned in the 1960s about the risks of uncontrolled immigration.
Nigel Hastilow came under fire for writing a newspaper column citing Conservative politician Enoch Powell who caused outrage by saying in his 1968 "rivers of blood" speech that unchecked immigration to Britain could lead to racial violence.

UK's Virgin Active set for £1b float (news.brisbanetimes.com.au)
British entrepreneur Richard Branson is planning a 1 billion pound float of his Virgin Active gym chain on the London Stock Exchange, The Sunday Times and The Sunday Telegraph reported.
The group, with operations in Italy, Spain and South Africa as well as Britain, has begun a beauty parade of investment banks to work on the planned share offering, the newspapers reported without citing sources.
The listing is expected to take place next year, the newspapers said.

Sainsbury: deal or no deal? (The Observer)
Richard Wachman - It has been a spectacle that has enthralled the City for months: the love dance performed by the Qatar Investment Authority as it tries to persuade the board of J Sainsbury to recommend a £10.6bn bid worth about 600p a share.
There is an element of national pride at stake: Qatar is a relatively new, but energy-rich nation, awash with cash and ruled by men who would like to establish their credentials by acquiring global firms with strong brand names.

S.I. / Source Web

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