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Morning Headlines 27/08/2015

Morning Headlines 27/08/2015

Good morning. Here’s the news roundup.

  1. Allen & Overy’s retention rate rises to 86% as Linklaters dips to 84% (LegalWeek)
  2. ‘The Government drives a hard bargain’: the £32bn privatisation push throwing up roles across the City (LegalWeek)
  3. Arthur Cox, A&O and Freshfields lead on Betfair and Paddy Power’s proposed £5bn merger (The Lawyer)
  4. British Gas accused of short-changing customers despite 5% price cut (The Guardian) 
  5. ‘Britain’s oldest scam victim’: 103-year-old loses £60,000 in 10-year catalogue fraud (The Telegraph) 
  6. Sainsbury’s trumps Government’s living wage with 4pc pay rise (The Telegraph) 
  7. Asia stocks take heart from U.S. rally and China gains (Reuters) UK annual house price growth lowest since mid-2013 – Nationwide (Reuters) 
  8. Panasonic to shut battery factory in Beijing, cut 1,300 jobs (Reuters) 
  9. Alibaba looks for new sources of growth (The FT) 
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