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Doping-British boxer Khan handed two-year ban over failed drug test

LONDON (Reuters) – British boxer Amir Khan has been banned from all sport for two years after the prohibited substance ostarine was detected in his sample following his fight against Kell Brook last February, the UK Anti-Doping agency said on Tuesday. Former light-welterweight world champion Khan, 36, announced his retirement in May after his sixth-round …

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Over half of Britons say loyalty cards encourage them to buy a product – NIQ

LONDON (Reuters) – More than half of Britons felt encouraged to buy products because of discounts offered through store loyalty cards, a survey from market researcher NIQ showed on Tuesday, as shoppers hunt for deals during a cost-of-living crisis. UK consumers’ search for cut-price products continues, with headline inflation above 10% in February and the …

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Northern Ireland’s ‘peace babies’ desperate for more progress

By Amanda Ferguson BELFAST (Reuters) – Bethany Moore was six years old when she started to understand the “complexities and nuances” of living in Northern Ireland. Born in December 1998, Moore is one of Northern Ireland’s so-called “peace babies”, the generation born just after the Good Friday Agreement was signed and considered the embodiment of hope …

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British suspect in Danish fraud case to be extradited from UAE

By Nikolaj Skydsgaard COPENHAGEN (Reuters) -A Briton charged with defrauding Danish tax authorities, Sanjay Shah, will be extradited to Denmark from the United Arab Emirates, authorities on both sides said on Monday. Shah is suspected of running a scheme that involved submitting applications to the Danish Treasury on behalf of investors and companies from around …

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Swimming-Swim England updates transgender policy with ‘open’ category

LONDON (Reuters) – Swim England announced an updated transgender and non-binary policy on Monday with a ‘female’ category restricted to athletes with a declared birth sex of female and a new ‘open’ category for everyone else. The national governing body for swimming in England said the policy, which comes into effect in September, would apply …

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Adler Group asks UK court to approve restructuring plan to avoid collapse

By Sam Tobin LONDON (Reuters) – Adler Group SA asked a London court on Monday to approve a restructuring plan to prevent the German property firm’s imminent collapse into insolvency. One of Germany’s biggest landlords, Adler is fighting a liquidity crisis triggered by a downturn in the German property market, rising energy and building prices …

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Britain’s banks urge Bank of England to keep small company capital rule

By Huw Jones LONDON (Reuters) – Forcing banks to set aside more capital in case loans to small and medium-sized companies turn sour would hit Britain’s economy, banking industry body UK Finance said on Monday. The Bank of England is deciding how to implement the final leg of Basel III, a suite of tougher bank …

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Banks too reluctant to tap cash buffers in a crisis, Bank of England says

By Huw Jones LONDON (Reuters) – Banks are overly reluctant to tap their cash buffers in volatile markets, fearing adverse reaction from regulators and markets, and changes to the rules may be needed, the Bank of England said on Monday. Regulators have long worried about banks not tapping their mandatory safety buffers in market crises …

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