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Friday newspaper round-up: Fujitsu, Telegram, Grenson
(Sharecast News) - The Japanese tech company at the centre of the Post Office IT scandal is facing calls from a parliamentary committee to make an "immediate" payment towards the compensation bill for victims. Fujitsu supplied the faulty Horizon software to the UK Post Office, which led to branch operators being wrongly prosecuted over discrepancies in their business accounts. - Guardian Telegram is facing questions from Ofcom over how it detects and prevents illegal incitement after a Ukrainian man was found guilty of carrying out arson attacks on a car and property associated with Keir Starmer. A spokesperson for the regulator said it had contacted the messaging app "to seek further clarification" because the arsonist had been directed on Telegram by a handler linked to Russia. - Guardian
Historic Northamptonshire shoemaker Grenson is to be taken over by sportswear brand Castore. Corporate filings show Castore has taken a controlling interest in the company, which has handmade its leather shoes in England for 160 years. The deal will hand control of one of Britain's oldest shoemaking brands to an upstart company founded roughly a decade ago. - Telegraph
Labour has opened the way for Surinder Arora, the hotel magnate, to build Heathrow's third runway after suggesting that it could be constructed in phases to minimise risk and spread the cost. In a key document aimed at accelerating planning approval for the scheme, the Government said it still favoured the runway proposed by airport bosses. However, it said the £49bn plan - which would require the runway to span the M25 motorway - was so challenging that a staged approach may be the best way to proceed. - Telegraph
Millions of British consumers have been left empty handed after a £480 million legal action over smartphones was dropped - although the lawyers involved have earned £18 million in fees. A "drop hands" settlement in a claim brought by the Consumers' Association, the publishers of Which? magazine, has been signed off by the Competition Appeal Tribunal. No damages will be paid and the claimants' legal team will not be able to recover some of its costs. - The Times
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