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Cathedral City maker to be sold for almost £1bn

Cathedral City maker to be sold for almost £1bn

Business
Cathedral City cheese maker Dairy Crest has agreed to a takeover by a Canadian firm in a deal worth nearly £1bn.Saputo, one of the world's biggest dairy processors, will pay 620p a share, valuing the the UK company at £975m. Dairy Crest, whose other brands include Country Life butter, Utterly Butterly and Clover spread, saw its shares surge by 12.9% after the proposed sale was announced.Saputo, which does not currently have a foothold in Europe, said it was driven by "a desire to increase its international presence and enter the UK market by acquiring and investing in a well-established and successful industry player".The Canadian firm saw Dairy Crest "as an attractive platform for growth in the UK". It intended Dairy Crest would continue to manufacture its products from...
City centres 'could become ghost towns'

City centres 'could become ghost towns'

Business
City centres are in danger of becoming ghost towns as shopping habits change, a committee of MPs has warned.To combat this, the government should "level the playing field" for High Street retailers by raising taxes on online giants such as Amazon, it said.The MPs also called for lower business rates and more regeneration in town centres. The government said it was investing to ensure High Streets "adapt and thrive for generations". A fifth of UK retail sales now occur online with that proportion likely to grow, the Housing, Communities and Local Government Committee said. Replacing failed shops 'won't save cities' Three things that could save the High Street But it said the impact on high streets had been "stark", resulting in "store closures, persiste...
West Ham United 1-1 Liverpool: Jurgen Klopp’s men miss the chance to extend their lead over Manchester City at the top of the Premier League table to five points

West Ham United 1-1 Liverpool: Jurgen Klopp’s men miss the chance to extend their lead over Manchester City at the top of the Premier League table to five points

Sports
OPPORTUNITY MISSED? The Hammers were unlucky not to get all three points, with contentious decisions appearing to go the way of the visitors Liverpool were frustrated by a resilient West Ham United, who showed tremendous fight to gain a 1-1 draw at London Stadium. The result means the Reds are now three points ahead of rivals Manchester City in the Premier League title race. Michail Antonio levels the scoring for the hosts The hosts started in a lively manner despite their recent poor form, and had the pick of the early chances. Javier Hernandez forced Alisson Becker into a diving save and dragged an effort wide, while Aaron Cresswell also drove one narrowly past the post from 25 yards as the Hammers started on the front foot. H...
Crocodile warning issued as city faces 'unprecedented' levels of flooding

Crocodile warning issued as city faces 'unprecedented' levels of flooding

World
The Australian government is warning citizens to be on the look out for crocodiles and snakes in the streets amid severe rainfall and flooding in north Queensland over the past few days. “Crocodiles prefer calmer waters and they may move around in search of a quiet place to wait for floodwaters to recede,” Leeanne Enoch, Queensland's minister for environment, said in a statement Monday. She continued, “Crocodiles may be seen crossing roads, and when flooding recedes, crocodiles can turn up in unusual places such as farm dams or waterholes where they have not been seen before. Similarly, snakes are very good swimmers and they too may turn up unexpectedly.” The coastal city of Townsville has been the most affected by the flooding. Local media outlet 7news posted...
Liverpool 1-1 Leicester City: Harry Maguire cancels out Sadio Mane goal

Liverpool 1-1 Leicester City: Harry Maguire cancels out Sadio Mane goal

Sports
Liverpool manager Jurgen Klopp believes snow on the Anfield pitch contributed to a frustrating night for his Premier League leaders as they were held to a draw by mid-table Leicester City.Liverpool extended their advantage over nearest rivals Manchester City to five points yet failed to build on Sadio Mane's early goal on a pitch that Klopp believes made quick passing more difficult."You saw that the ball didn't roll really," said the German, whose side were denied a second-half penalty when Naby Keita was fouled by Ricardo Pereira. "If you then have the ball pretty much for 70 to 80% of the time it makes life really uncomfortable. "The only problem is if it stays on the pitch and that was ac...