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The Financial Times
UK companies are paying less towards meeting their pension shortfalls than at any point since 2009, even as aggregate pension deficits reach their highest level in five years.
Businesses hiring illegal workers will be ‘hit from all angles’, minister warns
Companies and Markets
Alert wipes £100m off insurer’s value
Fears that price rise plans will deter customers
Esure hit another roadblock yesterday as the car insurer warned of a surge in injury claims by accident victims, wiping more than £100m off its market value
Gazprom’s 30-year contract for gas supplies to China was based an optimistic view of the oil market and offered no protection in the event of a prolonged period of low prices, the Russian company suggested yesterday.
The driver of a Bentley has appeared in court accused of killing a 23-year-old gardener by ploughing into him at 70mph in Notting Hill, west London, and then fleeing the scene.
Aircraft flying over a motorway had to be diverted after a tanker carrying propane gas burst into flames.
One of Wall Street’s top investment banks has slashed its oil price forecasts and warned that crude is on track to hit record lows this autumn.
JP Morgan said that it was cutting its average forecasts for Brent and US crude, the two key global benchmark contracts, by $16 a barrel for 2015 and $19 for 2016 amid fears of a growing global supply glut.
The Daily Telegraph
Britain’s topsy-turvey weather dampened a sunshine sales boost for the nation’s retailers last month.
A heatwave at the start of July prompted shoppers to splash out on updating their summer wardrobes, but sunny enthusiasm was rained off later in the month with consumers choosing to hunker down with takeaways instead.
Tributes have been paid to the ballet dancer Jonathan Ollivier, who was killed in a motorbike collision on Sunday, with peers describing him as one of the most charismatic and powerful dancers of his generation.