5 Things You Need To Know, Today, on Thursday 6th June 2019
Justin Waite
5 Things You Need To Know
05:17, 6th June 2019

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5 Things You Need To Know, Today, on Thursday 6th June 2019

5. People with pensions and savings invested in Neil Woodford's now suspended flagship fund have expressed concern over how it was promoted heavy by Hargreave Lansdown.

Mr Woodford - one of the UK's most high-profile stockpickers - stopped money going in or out of his Woodford Equity Income Fund earlier in the week after increasing numbers of investors asked for their money back. 

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4. Italy could face disciplinary action over its failure to respect European Union spending rules.

The European Commission found that Italy's public debt stood at more than 130% of GDP in 2018 - far above the 60% limit which EU rules require.

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3. Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said.

The announcement followed a failed attempt by Renault board members to reach a decision on the offer.

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2. BT will consolidate its UK offices from 300 locations to roughly 30 sites while pressing ahead with plans to leave its St Paul’s headquarters in London

The shake-up, including 13,000 job cuts, was announced a year ago and aims to tackle problems ranging from criticism of BT’s fiber broadband to an underperforming IT services business.

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1. An announcement on the proposed closure of Ford's Bridgend plant will be made today as Ford Europe and bosses from the United States will meet union leaders at its Essex headquarters.

The GMB said closure would "mean disaster" for the plant, which opened in 1980 and employs 1,700 workers.

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