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Aviva to buy Direct Line in £3.7bn deal, putting 2,300 jobs at risk

www.theguardian.com 23-12-2024 08:38 1 Minutes reading

Insurance takeover is likely to cast a pall of uncertainty over Christmas for many staff of combined group

Aviva has agreed to buy the rival insurer Direct Line for £3.7bn, with up to 2,300 job cuts planned as the companies aim for £125m in cost savings.

Aviva, a FTSE 100 member and the UK’s largest insurer, said on Monday it would offer the equivalent of £2.75 for each Direct Line share in cash and shares.

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Morrisons offers discounts as IT glitch hits loyal...
23.12.24 04:39
by theguardian.com

Morrisons offers discounts as IT glitch hits loyalty cards and click-and-collect

Cardholders offered 10% off entire shop, as shoppers fear for Christmas food and drink orders

Morrisons shoppers have been left unsure whether their Christmas orders will arrive on time after the supermarket chain was hit by IT problems, prompting the retailer to offer discounts.

The supermarket chain is giving loyalty card holders 10% off an entire shop on Monday and on Christmas Eve after a glitch hit the promotional scheme, and it discounted prices on some items for all shoppers.

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