Thurrock Council debt expected to rise to £1.1bn

Thurrock Council’s debt position is expected to rise to £1.1bn over the next year, according to a new report. Local government minister Jim McMahon wrote to the council leader saying “improvements to date remain fragile” and that there were still “substantial areas in which Thurrock Council still needs to improve”. The government plans to extend…

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Bayer Leverkusen in active talks to sign Jarell Quansah

Bayer Leverkusen are negotiating with Liverpool to sign centre-back Jarell Quansah this summer, according to Sky Sports. Leverkusen needs to strengthen its backline following the departure of Jonathan Tah to Bayern Munich on a free transfer. With Odilon Kossounou completing his permanent move to Atalanta for €20 million, Die Werkself are planning to invest in…

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Victoria’s Secret is struggling to reinvent itself

At the world’s best-known lingerie brand, the dirty laundry is on full display. In an open letter to Victoria’s Secret published on June 16th, Barington Capital, an activist investor, told Donna James, the brand’s chairwoman, that the company is failing its shareholders. Hillary Super, chief executive since August, has not “gained the confidence of employees”….

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