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Nightclub owner Peter Stringfellow dies aged 77

Nightclub owner Peter Stringfellow dies aged 77

Entertainment
The nightclub owner Peter Stringfellow has died from cancer aged 77, his spokesman has said. The British businessman, who kept his illness secret for many years, died in the early hours of Thursday morning.Stringfellow had revealed in an interview with The Times in 2016 that he had been diagnosed with lung cancer eight years earlier.Known as the "King of Clubs", the entrepreneur opened a string of venues across the US and the UK. Image: Peter Stringfellow with his wife Bella Wright The businessman's club "Stringfellows" on Upper St Martin's Lane, Covent Garden, is one of the longest-running nightlife venues in the capital since its launch in 1980.Stringfellow, who was born and raised in Sheffield, went on to open ven...
Chelsea owner Roman Abramovich 'eligible to be Israeli citizen'

Chelsea owner Roman Abramovich 'eligible to be Israeli citizen'

World
The Russian-Jewish billionaire owner of Chelsea football club, Roman Abramovich, has flown to Tel Aviv after being found eligible for Israeli citizenship.Immigration officials told the BBC that he was interviewed last week at the Israeli embassy in Moscow. He has faced delays in renewing his UK visa.His spokesman would not comment on reports citizenship had been granted. Mr Abramovich, 51, would be the richest person in Israel.His UK investor visa reportedly expired some weeks ago but the British government has refused to comment on his individual case.The delay in issuing him a new one comes amid increased diplomatic tensions between London and Moscow after the poisoning of former Russian spy Sergei Skripal in southern England. ...
Boots owner denies overcharging NHS for cancer mouthwash

Boots owner denies overcharging NHS for cancer mouthwash

Health
The owner of Boots has rejected claims it overcharged the NHS for a mouthwash used by cancer patients.An investigation by the Times newspaper said the high street chemist charged the NHS £3,220 for the medicinal mouthwash, which can cost £93.Walgreens Boots Alliance said its businesses complied with the law. NHS England said pharmacies should seek to secure best value, while ministers have asked the Competition and Markets Authority to consider investigating.The mouthwash - used by patients with sores caused by chemotherapy - is among a group of drugs known as specials. Specials are unlicensed medicines for non-standard treatments.The Times claims Boots has benefitted from a legal loophole that allows suppliers to set their own prices for thes...
Poundworld future in doubt as owner plans sale

Poundworld future in doubt as owner plans sale

Business
The fate of thousands more high street employees is in doubt this weekend after the owner of Poundworld ditched a rescue plan and put the discount chain up for sale instead. Sky News has learnt that TPG, the American private equity backer of Poundworld, has instructed Deloitte to find a buyer for Poundworld by the end of the month.Potential buyers were contacted about the process on Friday, according to a possible bidder.The development comes less than a fortnight after it emerged that Poundworld was preparing to seek creditor approval for a plan to close up to 100 stores, threatening hundreds of jobs.Poundworld trades from about 355 shops across Britain, employing approximately 5,700 people.The decision to seek a buyer for the entire business - with a deal being sought by ...
Norwegian snubs bid from British Airways owner

Norwegian snubs bid from British Airways owner

Business
Norwegian Air Shuttle, the fast-expanding budget airline, says it has unanimously rejected two bid offers from the owner of British Airways.International Airlines Group (IAG), which owns 4.6% of Norwegian, is seeking to lift its market share amid competition from low-cost carriers. But Norwegian said the proposals undervalued the firm and its prospects.Shares in Norwegian initially fell as much as 10% on the news before recovering slightly.By contrast, IAG was the top gainer on London's FTSE 100, up 5.6%.News of the bids first emerged in an investor presentation by IAG, which also owns Spanish airline Iberia.IAG was giving the presentation after it posted a big jump in operating profits for the first quarter of 2018, thanks in part to strong demand over Easter.Underlying earnings were €280