Press Digest-British Business - August 18
SPY•The Times
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FIFA said on Monday that Chief Operating Officer Kevin Lamour had left the organisation, weeks after he publicly criticised Gianni Infantino's plan to sell a stake in the commercial rights of the World Cup and other tournaments.
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Perini Navi, the Italian shipbuilder behind the late tech tycoon Mike Lynch's superyacht that sank off the coast of Sicily in 2024, has been put up for sale by its parent company The Italian Sea Group.
The Guardian
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Jamie Dimon, the boss of U.S. bank JP Morgan JITAX.O, has urged John Healey not to use his first budget as Finance Minister to increase taxes on banks' bumper profits.
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Virgin Trains has been granted track access by the rail regulator to enable it to run services between London and Paris, Brussels and Amsterdam from 2030, in a key step towards breaking Eurostar's monopoly on the cross-Channel passenger route.
The Telegraph
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Labour has handed consultants a £450 million ($609.25 million) contract to deliver AI training to the Civil Service despite pledging to cut spending on external advisers.
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Analysts at the European Central Bank said the AI boom that had driven Wall Street valuations to nosebleed levels has left the eurozone exposed.




