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14/07/2008 20:22

UK Today Editoweb 14 july 2008

Digger firm JCB to axe 500 workers - Firm faces fines over delayed tests - Etihad Airways buys 100 Airbus, Boeing planes worth 20 bln dlrs.



Digger firm JCB to axe 500 workers

More than 500 jobs are being axed at digger giant JCB as the firm announced steps to cut costs after a "rapid decline" in business.

Firm faces fines over delayed tests

The American firm hired to carry out the marking of this year's delayed Sats tests could face penalties running into "tens of millions of pounds", the head of England's exams watchdog said.

Etihad Airways buys 100 Airbus, Boeing planes worth 20 bln dlrs

Etihad Airways, the national carrier of the United Arab Emirates, said here Monday that it had agreed to buy 100 fuel-efficient Airbus and Boeing passenger planes worth 20.4 billion dollars (12.8 billion euros).

Mosley trying to trivialise 'depraved' Nazi orgy, paper tells court

Motor racing boss Max Mosley is attempting to present a "grotesque and depraved" Nazi-themed orgy as a bit of harmless sado-masochistic slap and tickle, a newspaper lawyer told a court Monday.

Spain's Santander to buy Alliance Leicester for 1.26 billion pounds

Spain's biggest bank, Santander, said Monday it had reached agreement to buy British lender Alliance and Leicester in an all-share deal worth 1.26 billion pounds (1.57 billion euros, 2.51 billion dollars) as it continues its push into the British market.

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