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The future of the high street stationery chain Paperchase will be salvaged this week in a rescue deal led by a lender connected to Permira, the private equity giant. Sky News has learnt that Paperchase will be sold through a pre-pack administration on Wednesday to Permira Debt Managers, which has provided funding to the business
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Italian prime minister Giuseppe Conte has resigned, according to the country’s president. Mr Conte survived two confidence votes in parliament last week, but then lost his absolute majority in the Senate after centrist ally and former PM Matteo Renzi defected. This has made it much more difficult for the premier to pass legislation or make
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Steve Proehl | Corbis Unreleased | Getty Images Apple promoted its hardware chief, Dan Riccio, to a new role “focusing on a new project.” He will report to CEO Tim Cook, Apple announced on Monday. Riccio was previously the company’s senior vice president for hardware engineering, signing off on the physical aspects and electrical engineering
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Travel industry sources have told Sky News they expect mandatory hotel quarantine to be introduced imminently, as the government tries to suppress new variants of coronavirus. They anticipate an announcement could come as soon as Tuesday, but even those close to discussions remain unclear how broad the restrictions will be. Sources believe differing views among
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