5 Things You Need To Know, Today, on Monday 8th July 2019
Justin Waite
5 Things You Need To Know
05:04, 8th July 2019

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5 Things You Need To Know, Today, on Monday 8th July 2019

5. Shared office space manager WeWork is looking to raise $3 billion to $4 billion in debt before it goes public, a move aimed to fuel investor confidence in the company.

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4. British Airways will begin talks with its pilots today to avert a potentially damaging summer strike.

Pilots have rejected a pay increase worth 11.5% over three years, which the airline says is "fair and generous".

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3. The Department of Health and Social Care plans to spend £3m on no-deal Brexit measures to transport medication.

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2. Deutsche Bank will cut 18,000 jobs over three years as part of a radical reorganisation.

The bank is yet to specify exactly where jobs will be lost but said it intends to completely exit activities related to shares dealing much of which is conducted in London and New York.

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1. British companies are more worried about Brexit than at any time since the 2016 referendum and they plan to reduce investment and hiring, a survey of chief financial officers showed today.

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