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Monday newspaper round-up: Tech companies, Pennon, David Lloyd gyms

(Sharecast News) - Leave-voting areas have seen faster relative growth in foreign workers since the Brexit referendum, a Guardian investigation has found. Data analysis suggests that the decade since the Brexit vote may not have matched the expectations of many Leave supporters, showing their local areas have also become relatively more deprived over the same period. - Guardian Taxpayers want the UK to increase levies on giant global technology companies such as Facebook owner Meta, Google and Amazon, a survey of Britons' attitudes on corporate taxes suggests. The polling released on Monday by the Fair Tax Foundation - abody providing businesses with certification around responsible tax conduct - found that 67% of respondents believe that the government should charge higher digital services taxes on multinational technology groups "to increase their overall tax contribution in the UK". - Guardian

A company that pumped parasite-infected drinking water to thousands of homes in south-west England has paid a £270,000 bonus to the boss who oversaw the scandal. Susan Davy quit last year as chief executive of Pennon, the listed group that owns South West Water, after a series of crises prompted the company to halt her bonuses. But these payouts have been reinstated after a reversal by the board. - Telegraph

The architect of a sweeping City overhaul that was aimed at making banks safer following the 2007-09 financial crisis has warned the Conservatives to "think twice" about their plan to scrap the reforms. A proposal to abolish bank ring-fencing was one of the centrepieces of Kemi Badenoch's calls last week for an "economic revolution" that would sweep away red tape in the City. - The Times

The owner of David Lloyd gyms is weighing up a possible London listing of the chain at a valuation of £4 billion in a rare glimmer of hope for Britain's capital markets. TDR Capital, which also owns Asda, the UK's third-largest supermarket chain, and Popeyes, the American multinational chain of southern fried chicken restaurants, has been eyeing a float of its luxury leisure clubs in the coming years amid hopes of a revival in initial public offerings (IPOs) for London. - The Times

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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
Thursday newspaper round-up: Brexit, HMRC, new homes
(Sharecast News) - Brexit has depressed UK exports to the EU by 12%, and rejoining the customs union would undo only a fraction of the damage, research shared with the Guardian shows. With the UK's future relationship with the bloc likely to feature prominently in a potential Labour leadership contest, the economists John Springford and Anton Spisak, of the Centre for European Reform, provide fresh evidence of the damage caused by exiting. - Guardian
Wednesday newspaper round-up: John Lewis, British American Tobacco, Shein/Temu
(Sharecast News) - John Lewis is to spend £20m on a revamp of its Glasgow store in the city centre's Buchanan Galleries in a vote of confidence in the shopping mall not long ago scheduled for demolition. It is the largest cash injection within a wider plan to spend £50m this financial year on refreshing its shops, with department stores in Reading, Cambridge, Leicester and Liverpool all earmarked for an upgrade. - Guardian

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