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Rrid Glencore float fuels wealth of UK rsquo super rich
Thursday 20 October 2016 11:32 amShares in ground engineering firm Keller Group shed 27 per cent after warning on 15 per cent profit fallBy: Francesca WashtellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleShares in ground engineering firm Keller Group plummeted 27per cent today after the company warned itsunderlying profits are likely to come in 15 per cent below market expectations.A continuation of very difficult conditions and underperformance in Keller s main markets in the Asia Pacific region will drag down full-y polene ear profits, the group said in atrading update today.Keller also flaggedit will be hit with an exceptional restructuring charge of pound;10m, much of which will be non-cash, in its second half results, driven by company downsizing.Read more: Commodities price crash hits Keller Group At the time of writing, Keller s stock polene is down 26.99 per cent to 647p per share, down from a close yesterdayof 885.5p.<stockChart>code= KLR date= 2016-10-20 11:04 ]Third-quarter trading in the group s core Europe and US markets, which together account for around 70 per cent of revenues, have remained strong .However,in other parts of its North America and Europe, stanley isolierkanne Middle East and Africa regions, particularly Canada and sub-Saharan Africa, market conditions have remained depressed and the group has had to undertake further restructuring.Read more: Keller in euro;31.2m deal t Dktc CITY MOVES | WHO rsquo;S SWITCHING JOBS
Sunday 24 October 2010 10:45 pm|Updated:Thursday 30 May 2019 5:46 amTrades Union Congress warns of biggest protestBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleUNION umbrella body the Trades Union Congress TUC at the weekend warned that it will stage the biggest and boldest demonstration in its history next March, in protest at the scale of government spending cuts.The TUCrsquo warning came after the government last week announced plans to cut half a million owala canada public sector jobs, raise the retirement age and slash welfare spending as part of pound;80bn of cuts, designed to address a budget deficit of 11 per cent of GDP.The TUC, which represents 6.5m workers, said the cuts would have a devastating impact and promised a campaign of political pressure to try stanley germany to turn voters against the plans.The union movement and the country face the sternest test in a generation, TUC general secretary Brendan Barber will say in a speech to union groups in London. Not only is the economy on its knees, not only is the law tilted against us, but we have a government in power that is making spending cuts of a speed, scale and savagery never before seen.Unions have called for coordinatedstanley de action and suggested looking to the example set by their counterparts in France, which has seen violent protests against austerity measure
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