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Clothing group FatFace seeks $743 mln London listing

British clothing chain FatFace is to list on the London Stock Exchange, it said on Thursday, targeting a market value of at least 440 million pounds ($743 million).

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Troubled Serco plans to raise £170m

Troubled outsourcing firm Serco announces plans to raise £170m through an issue of new shares and says its finance director is stepping down.

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Surging output boosts UK manufacturing in April

Surging output and an influx of orders helped British manufacturing activity grow last month at a much faster rate than expected, a survey showed on Thursday, boding well for Britain’s swift economic recovery.

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Lloyds Bank to float TSB in June

Lloyds Bank plans to float 25% its revived TSB business at the end of June it has said, with at least some of the shares being made available to the public.

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Turkish police fire tear gas in May Day protests

Turkish police fired water cannon and tear gas on Thursday to prevent hundreds of protesters from defying a ban on May Day rallies.

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UK’s Morrisons cuts more prices to combat discounters

Wm Morrison Supermarkets, Britain’s fourth largest grocer, has unveiled a second round of price cuts.

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Meet Artie, the robot of the future…

Nigel Crook, head of computing and communication technologies at Oxford Brookes University, introduces Artie the robot and explains how it could be used in healthcare.

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VIDEO: EU bans Indian mango imports

The European Union imposes a ban on imports of Indian mangoes, unless they’ve been specially treated to cut the risk of fruit fly infestation.

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High finance as cannabis fund pitches at Waldorf

A new private equity fund aims to raise $200-$300 million to invest in the legal marijuana industry, the Financial Times reports.

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Lloyds posts profit increase, sets TSB float date

U.K. banking group Lloyds has reported a rise in underlying profit for the first quarter of 2014 as the company plans to restart dividend payments.