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Capita to impair £90m of assets and income
As part of its year-end close process, Capita said on Monday it had undertaken a comprehensive review across its major contracts, and as a result had taken the decision to impair, at year end 2016, a number of historic assets relating to a few specific contracts, which were being amortised over their contract life.
Britons increasingly concerned about the economy, Nielsen says
Concerns about the economy rose above those about terrorism or immigration as the date for Brexit negotiations to kick-off loomed closer on the horizon, the results of a survey showed.
London pre-open: Stocks seen touch weaker as investors eye data, Carney speech
Stocks in London were set for a slightly weaker open on Tuesday as investors awaited some data and a speech by Bank of England governor Mark Carney.
Tuesday newspaper round-up: Rates, Aramco, LSE, Copper
Philip Hammond has signalled that the government is looking at alleviating the impact of changes to business rates, which have triggered a fierce backlash among some Conservative MPs. The chancellor told his party’s influential 1922 committee that he was in “listening mode” over the policy, which will see rates rise by 13% in his own Runnymede and Weybridge constituency. - Guardian.