FJL

Paddy Power CEO Kennedy to step down next year

Paddy Power chief executive officer (CEO) Patrick Kennedy will step down from the top post at the Irish gambling group in April next year.

Unveiling his decision at the group's annual general meeting (AGM) in Dublin yesterday, Mr. Kennedy also announced that he will not go up against the group in any new role after his retirement.

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London’s housing crisis growing deeper

Housing crisis in London is growing deeper for middle-class people as demand for affordable houses is outshining supply, pushing prices up.

Pocket Living Limited, which uses interest-free funds from the city for constructing homes and selling them for nearly 20 per cent below market rates, said that the people who are neither rich nor poor are suffering the worst brunt of the housing crisis.

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Centrica’s pay deals get the nod despite severe protests

Energy giant's Centrica's controversially high pay packages for executives got approval from its board, despite outcry and severe criticism by twenty protest groups.

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EEF dismisses calls for boardroom quotas for women

Manufacturers' organisation EEF has said more steps should be taken to end male dominance in manufacturing companies' boards, but it dismissed proposals for fixing quotas to boost the number.

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Glasgow store to exchange bitcoin for second-hand goods

A British store has become the first store in the country to allow customers to exchange their second-hand goods for the digital currency bitcoin.

CeX, a chain that purchases, sells and exchanges second-hand gadgets, announced that its Glasgow-based store would switch from the pound to bitcoin for a period of three days.

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