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....62. Amongst FTSE 100 companies, Bookmaker Paddy Power led the risers, up 4. ... [Read full article on BBC ]
Thursday 1st of June 2017 07:33:17 AM
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Friday 2nd of June 2017 07:47:25 AM
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Latest Finance News related to Paddy Power

First Group leads FTSE 250 losers' list image
Source : BBC [Read Article] Thursday 1st of June 2017 07:33:17 AM
....62. Amongst FTSE 100 companies, Bookmaker Paddy Power led the risers, up 4. ...
Online betting firm 888 investigated by watchdog image
Source : Guardian [Read Article] Monday 15th of May 2017 02:37:15 PM
....Several other bookmakers have been hit with financial penalties in the past year. Paddy Power agreed to pay £280,000 to charity last year after the regulator found it had encouraged a problem gambler to keep betting until he lost five jobs, his home and access to his children. ...
888 shares hit by Gambling Commission review image
Source : BBC [Read Article] Monday 15th of May 2017 07:40:51 AM
.... . In February last year, Paddy Power agreed to improve its anti-money laundering and social responsibility processes, and give £280,000 to socially responsible causes. ...
Galliford shares hit by £100m project blow image
Source : BBC [Read Article] Wednesday 3rd of May 2017 07:30:48 AM
....75% on news that its chief executive Adam Crozier is to step down after seven years at the helm. Paddy Power was another major faller on the FTSE 100 - dropping 4. ...
Pearson share slide drags down FTSE 100 image
Source : BBC [Read Article] Thursday 6th of April 2017 07:40:37 AM
....9%, while insurer Aviva dropped 2. 8% and Paddy Power Betfair lost 2. ...
FTSE 100 dragged lower as Paddy Power Betfair shares fall image
Source : BBC [Read Article] Tuesday 7th of March 2017 09:33:52 AM
. Shares in Paddy Power Betfair fell more than 5% despite the bookmaker reporting rising revenues and underlying profits. ...
Comparethemarket ads lead way as online firms become top TV spenders image
Source : Guardian [Read Article] Thursday 23rd of February 2017 07:01:00 AM
....Betting firms, which are facing the prospect of a ban on daytime TV adverts , spent a total of £50m promoting their online betting services. The main spenders included Bet365, which has used the actor Ray Winstone to front its campaigns, and Paddy Power which spent a combined total of just over £11m. ...
Paddy Power Betfair takes £5m hit from Trump election win image
Source : Guardian [Read Article] Monday 23rd of January 2017 12:30:32 PM
. Paddy Power Betfair blamed the unlikely pairing of Donald Trump and the Manchester United striker Zlatan Ibrahimovic as it cut its full-year profit forecast. ...
Moneysupermarket grabs most complained-about ad top spot again image
Source : Guardian [Read Article] Thursday 19th of January 2017 12:01:22 AM
....”. Moneysupermarket’s 2016 winner pales in the offensiveness stakes compared with Paddy Power’s 2014 winner, which offered money back if Oscar Pistorious “walked” from his murder trial, and which is the most complained-about ad of all time with 5,525. ...
Bookmakers face losing their licence and huge fines over problem gambling image
....She said that the regulator would not allow companies to spend months negotiating settlement deals, where they agreed to a voluntary payment when they misbehaved. Last year, the commission arranged voluntary settlements with bookmakers such as Paddy Power, which agreed to pay £280,000 after it was found to have encouraged a problem gambler until he lost five jobs, his home and access to his children. ...
William Hill tells staff to shine torches through rival bookies' windows image
Source : Guardian [Read Article] Friday 13th of January 2017 06:12:54 PM
....The behaviour of gambling firms has come under increasing scrutiny following a year in which industry regulator – the Gambling commission – sanctioned several firms over their failure to prevent problem gambling and money-laundering. Last year, the commission arranged voluntary settlements with bookmakers such as Paddy Power, which agreed to pay £280,000 after it was found to have encouraged a problem gambler until he lost five jobs, his home and access to his children. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
....Bosses at a string of companies faced revolts. Besides BP and Smith & Nephew, companies as diverse as engineering group Weir, Shire Pharmaceuticals, estate agent Foxtons and betting company Paddy Power Betfair were also subjected to pay rebellions. ...
Cut fixed-odds betting stakes to £2, MPs urge image
Source : Guardian [Read Article] Thursday 8th of December 2016 12:28:54 PM
....The all-party parliamentary group (APPG) on FOBTs, which are often dubbed the “crack cocaine” of gambling due to their addictive nature, is recommending a number of curbs on the machines. The findings come just days after it emerged that the boss of Paddy Power had lobbied against the explosion in the number of FOBTs. ...
Paddy Power faced with £4m bill after Republican's victory image
Source : Guardian [Read Article] Wednesday 9th of November 2016 05:50:17 PM
....They say the bookie always wins, but not on Tuesday night. Three weeks ago, bookmaker Paddy Power paid out £800,000 in winnings to punters who had backed Hillary Clinton to be the next US president, only now to be left with a bill for £4m to pay clients who had backed Donald Trump. ...
Business winners and losers from a Donald Trump presidency image
Source : Guardian [Read Article] Wednesday 9th of November 2016 04:25:51 PM
....The outlook is uncertain, especially for AT&T’s plan to buy Time Warner, which Trump has said he would block. Once again pollsters called it wrong (see Brexit etc) while gaming companies were also caught unawares, with Paddy Power paying out on a Clinton victory three weeks early. ...
FTSE 100 falls on US election uncertainty image
Source : BBC [Read Article] Friday 4th of November 2016 08:49:51 AM
....Stock markets in France and Germany also closed in negative territory after polls showed that the Republican presidential nominee Donald Trump appeared to be closing the gap with Democrat Hillary Clinton. The bookmaker Paddy Power finished as the biggest gainer in the FTSE 100, up 4. ...
Paddy Power Betfair raises profit forecast image
Source : BBC [Read Article] Friday 4th of November 2016 08:34:50 AM
. The Euro 2016 football tournament and the weakened pound have contributed to a bumper year for Paddy Power Betfair. ...
William Hill and Amaya abandon merger talks image
Source : BBC [Read Article] Tuesday 18th of October 2016 06:26:53 AM
....The FTSE 250 bookmaker is looking to keep up as many of its close rivals merge. Paddy Power and Betfair have merged to create a FTSE 100 betting firm, while Ladbrokes and Coral are combining to become the UK's biggest High Street bookmaker. ...
William Hill in £4.5bn merger talks image
Source : BBC [Read Article] Sunday 9th of October 2016 10:52:36 AM
.... . Paddy Power and Betfair completed their merger in February and joined the FTSE 100, but shares have fallen almost 20% since then. ...
Bets are off image
Source : BBC [Read Article] Monday 5th of September 2016 11:34:47 PM
....Instead, one of the main reasons they give is that even after the success of the London 2012 Paralympics, the best athletes aren't as well known as their Olympic counterparts. "Ask people in the street and they might be able to name some, but it's a way to go to Usain Bolt levels," says Paddy Power, the eponymous spokesman for Irish bookmaker Paddy Power. ...
Frankie & Benny's owner Restaurant Group to close 33 sites image
Source : BBC [Read Article] Friday 26th of August 2016 07:49:53 AM
....9%. Earlier this month, the company made key management changes, including removing chief executive Danny Breithaupt, and replacing him with the former boss of Paddy Power, Andy McCue. ...
William Hill bidders abandon three-way deal plan image
Source : BBC [Read Article] Thursday 18th of August 2016 04:17:08 PM
....The withdrawal has broken a wave of consolidation in the gaming industry. Paddy Power is merging with Betfair, Ladbrokes is combining with Coral and GVC Holdings has taken over Bwin. ...

Ex-Paddy Power boss replaces Restaurant Group's ousted chief
 image
Source : Telegraph [Read Article] Thursday 11th of August 2016 09:15:26 PM
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William Hill in gambling takeover spat with Rank and 888 image
Source : BBC [Read Article] Thursday 11th of August 2016 11:27:19 AM
....Other mergers in the industry have include Ladbrokes and Coral signing a £2. 3bn merger in July and Paddy Power and Betfair joining forces in September. ...
William Hill rejects Rank and 888's £3.16bn bid image
Source : BBC [Read Article] Tuesday 9th of August 2016 03:28:17 PM
....Other mergers in the industry include Ladbrokes and Coral signing a £2. 3bn merger in July and Paddy Power and Betfair joining forces in September. ...
William Hill approached by 888 and Rank for gambling merger image
Source : BBC [Read Article] Sunday 24th of July 2016 06:36:19 PM
....The combined group would make it bigger than William Hill, currently the largest UK bookmaker based on number of shops. Irish bookmaker Paddy Power and online operator Betfair also agreed to join forces last September. ...

Idris Elba: I'm too old to be James Bond and chasing women like that would be inappropriate for me
 image
....But some fans and former Bond Sir Roger Moore have suggested that his race was not what the character’s creator Ian Fleming had in mind. Daniel Craig, 48, who currently plays the role, said that Mr Elba should be his successor and bookmaker Paddy Power has him as 6/1 to get the job. ...
Stock market panic? It'll be much worse if Britain votes leave image
Source : Guardian [Read Article] Tuesday 14th of June 2016 06:31:54 PM
.... Betfred received an £800,000 penalty on Tuesday. That – and an £880,000 hit to GalaCoral a few weeks ago – was a step up from the derisory £280,000 handed down to Paddy Power earlier in the year. ...
Gambling Commission orders Betfred to pay £800,000 image
Source : Guardian [Read Article] Tuesday 14th of June 2016 09:33:51 AM
....The regulator announced an £880,000 settlement with Coral in April, after the bookmaker took hundreds of thousands of pounds from a “VIP” problem gambler who was using the proceeds of theft to feed his habit. Earlier this year, Paddy Power was forced to pay out £280,000 after the commission found that it had encouraged a problem gambler to keep betting until he lost five jobs, his home and access to his children. ...
Business winners and losers from the Euro 2016 tournament image
Source : Guardian [Read Article] Friday 10th of June 2016 04:38:36 PM
....The World Cup and European Championships are the biggest events in the bookmaking calendar and Leicester City’s surprise Premier League win is expected to have boosted interest in football betting. For the listed players Paddy Power, Ladbrokes and William Hill navigating the tournament successfully can make or break their financial year. ...
Morrisons shareholders join protests over executive pay image
Source : Guardian [Read Article] Thursday 9th of June 2016 06:21:56 PM
....The annual meeting season began with pay deals being voted down at FTSE 100 companies Smith & Nephew and BP. Then 30% of investors voted against the remuneration report at Paddy Power Betfair, and estate agent Foxtons promised to consult further with investors after 20% of shareholders voted against the remuneration report. ...
The big gamble: the dangerous world of British betting shops | Tom Lamont image
....It is a rare British high street that has not come to be kitted out, today, in the colours of the bookmakers. In every town, on every retail row, the routine sweep of bank and salon and shrunken supermarket will be studded at almost mathematical intervals by the red of a Ladbrokes storefront or the blue and yellow of a William Hill, likely as well by the blue of a Coral, the blue and red of a Betfred, the pale green of a Stan James or the clover-leaf shade of a Paddy Power. ...
Shareholders revolt over executive pay at Foxtons and Paddy Power Betfair image
. Protests over boardroom pay have been registered at estate agent Foxtons and betting company Paddy Power Betfair as shareholders maintain their scrutiny of executive remuneration. ...
Gala Coral pays out £880,000 over gambler who stole to feed habit image
Source : Guardian [Read Article] Wednesday 27th of April 2016 09:49:09 AM
....The settlement is part of a continuing effort by the commission to crack down on bookmakers that turn a blind eye to money laundering and problem gambling. Earlier this year, Paddy Power was forced to pay out £280,000 after the commission found that it had encouraged a problem gambler to keep betting until he lost five jobs, his home and access to his children. ...
New rules ‘will crack down’ on exploitation of gambling addicts image
Source : Guardian [Read Article] Saturday 9th of April 2016 03:00:19 PM
....”. Paddy Power recently made a voluntary payment of £280,000 – equivalent to less than three hours’ worth of takings – to a “socially responsible” cause after it was found to have encouraged a problem gambler to keep betting. ...
Newly merged Paddy Power Betfair to cut 650 jobs in UK and Ireland image
Source : Guardian [Read Article] Tuesday 5th of April 2016 02:15:20 PM
. About 650 jobs are to be cut at the newly formed bookmaking giant Paddy Power Betfair, nearly one in 10 staff. ...
Paddy Power Betfair to cut 650 jobs image
Source : BBC [Read Article] Tuesday 5th of April 2016 11:08:47 AM
. The recently merged Paddy Power Betfair gambling firm is to cut 650 jobs in the UK and Republic of Ireland. ...
Hinkley Point C: either call the plan off or set a deadline and stick to it image
....As for the commission, it shouldn’t spend long congratulating itself. We’re still sputtering over the Paddy Power case in which the bookie identified a gambling addict yet encouraged him to keep feeding its fixed-odds betting terminals. ...
FTSE edges higher as AstraZeneca shrugs off drug disappointment image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 09:48:27 AM
.... The company blamed poor results at Cheltenham races and problems with its online business. Newly promoted FTSE 100 contituent Paddy Power Betfair has fallen 150p to £90. ...
William Hill issues profit warning after Cheltenham and online losses image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 08:48:19 AM
....William Hill shares fell more than 13% to 322p in early trading as investors digested the profit warning. Shares in other bookmakers also fell, with Ladbrokes down more than 5% and Paddy Power Betfair dipping by just over 2%. ...
Kipper Williams on Paddy Power's £850m revenues image
Source : Guardian [Read Article] Tuesday 8th of March 2016 07:53:10 PM
...
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Paddy Power's £280,000 penalty equal to three hours' trading image
Source : Guardian [Read Article] Tuesday 8th of March 2016 07:05:28 PM
. Bookmaker Paddy Power took less than three hours last year to bring in enough money to cover its recent £280,000 donation to good causes after encouraging problem gambling and failure to prevent money laundering. ...
Did you hear the one about Paddy Power Betfair? image
Source : Guardian [Read Article] Sunday 6th of March 2016 09:00:30 AM
....It was a cruel – if incisive – question which Kaye later said he regretted, only to snap out of it and muse: “Anyone who thinks they can improve on Bilko and Inspector Clouseau needs a slap, don’t they?”. Anyway, in a similar vein, Tuesday marks the results of Paddy Power Betfair, the combination of the cheeky Irish bookmaker and the online betting pioneer, whose promotion to the FTSE 100 was confirmed last week. ...
Morrisons returns as top 100 company image
Source : BBC [Read Article] Wednesday 2nd of March 2016 06:20:50 PM
....Supermarket chain Morrisons is back in the FTSE 100, following a rise in its share price, just three months after leaving the top group. Other joiners include Informa, Mediclinic International and Paddy Power Betfair. ...
Things look less dreadful at Glencore – but a little humility is in order image
.... That little detail seems to have been airbrushed already. Paddy Power encouraged a problem gambler to use its fixed-odds betting terminals (FOBTs) until he lost five jobs, his home and access to his children, according to a report this week. ...
Paddy Power 'encouraged gambler until he lost his home, jobs and family' image
Source : Guardian [Read Article] Monday 29th of February 2016 07:28:46 PM
. Bookmaker Paddy Power encouraged a problem gambler to keep betting until he lost five jobs, his home and access to his children, according to a report by the Gambling Commission. ...
Can we predict Oscar winners using data analytics alone? image
Source : BBC [Read Article] Friday 26th of February 2016 12:00:03 AM
....Source: Cognizant/Clarabridge. It's worth noting that at the time of writing, bookies William Hill and Paddy Power both thought Spotlight had the next best chance of winning behind The Revenant. ...
£80bn wiped off FTSE 100 this week as world markets gripped by panic - live image
Source : Telegraph [Read Article] Thursday 11th of February 2016 02:17:44 AM
.... . According to Paddy Power, there are "no sunny days insight" for financial markets. ...
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Questor share tip: William Hill faces tough year image
Source : Telegraph [Read Article] Monday 18th of January 2016 06:32:37 PM
.... . Two of the biggest online names – Paddy Power and Betfair – agreed a merger that is set for completion within weeks, while high street giants Gala Coral and Ladbrokes are waiting for the competition watchdog to rubber-stamp their £2. ...
William Hill confirms exit of online boss following troubled app launch image
Source : Telegraph [Read Article] Thursday 14th of January 2016 02:41:47 PM
.... Growing tax and regulatory burdens have sparked a wave of deal-making in the sector as gambling companies seek scale to absorb the mounting pressures. Ladbrokes is merging with Coral and Paddy Power is combining with Betfair. ...
City news: AstraZeneca, Paddy Power & Betfair merger, Heathrow boss and Entertainment One  image
....-----------------------------------------------------------------------------------------------. THE merger between betting heavyweights Paddy Power and Betfair has been cleared by the UK regulator. ...
Betfred eyes pickings from £2.3bn bookie merger image
Source : Telegraph [Read Article] Saturday 5th of December 2015 08:00:07 PM
.... . Mr Done believes he would face competition for shops that come up for sale, and said Paddy Power, private equity firms and foreign buyers were all likely rivals. ...
Bookies are odds-on if the going gets rough image
Source : Telegraph [Read Article] Thursday 3rd of December 2015 08:34:08 PM
.... . Paddy Power, which is in the middle of merger with Betfair, has raised legal concerns with the BHA. ...
EasyJet's Carolyn McCall 'most admired leader' in Britain image
Source : Telegraph [Read Article] Wednesday 2nd of December 2015 05:00:23 AM
.... . The top 10 this year was mostly dominated by housebuilders and gambling companies; Berkeley Group and Great Portland Estates secured top spots, alongside Betfair and Paddy Power. ...
City news: Thomas Cook, Britvic, UK Mail and Betfair image
Source : Daily Express [Read Article] Wednesday 25th of November 2015 08:04:00 PM
....---------------------------------------------------------------------------------------------------------. BETFAIR shares hit a record high as the online betting exchange stayed in good shape for its proposed merger with Paddy Power – with a 9 per cent rise in half-year profit. ...
Betfair enjoys near doubling of sportsbook stakes image
Source : Telegraph [Read Article] Wednesday 25th of November 2015 10:05:05 AM
. The betting exchange that is merging with Paddy Power to create an online gambling giant has enjoyed a near doubling in staking in sports betting during its first-half, helped by punters placing wagers on the Rugby World Cup. ...
Ladbrokes chiefs scolded by Dermot Desmond at shareholder meeting image
Source : Guardian [Read Article] Tuesday 24th of November 2015 02:26:34 PM
....8% of the company. “Shareholders won’t need me to remind them of the decline in the Ladbrokes share price, nor the fact that peers William Hill, Betfair and Paddy Power are 91%, 100% and 300% respectively ahead over that same period. ...
Shareholder opposition to merger of Ladbrokes and Coral mounts image
Source : Telegraph [Read Article] Wednesday 18th of November 2015 08:30:40 PM
.... . Britain’s gambling industry has been gripped by a wave of deal-making this year, with Paddy Power agreeing a £6bn merger with Betfair and digital-focused GVC buying Bwin. ...
Ladbrokes and Coral merger 'wrong deal', says Dermot Desmond image
Source : Guardian [Read Article] Wednesday 18th of November 2015 05:33:21 PM
....3bn gambling giant. In contrast, he pointed out, since the announcement of the merger between Paddy Power and Betfair, their share prices have increased 35% and 20% respectively. ...
Billionaire investor opposes £2bn Ladbrokes merger with Coral image
Source : Telegraph [Read Article] Wednesday 18th of November 2015 01:26:28 PM
...." . The British gambling industry has been gripped by a wave of deal-making, with Paddy Power merging with Betfair and online gambling group GVC buying rival Bwin. ...
City news: Easyjet, B&M growth, Peppa Pig & Paddy Power image
Source : Daily Express [Read Article] Wednesday 18th of November 2015 12:01:00 AM
....Paddy feels Aussie power. SOARING business growth Down Under kept Paddy Power odds on to hit annual profit forecasts despite sports results going the way of the punters. ...
Coral sells Gala Bingo clubs for £241m ahead of Ladbrokes merger image
Source : Telegraph [Read Article] Monday 26th of October 2015 08:23:46 AM
.... . Days later, gambling rivals Paddy Power and Betfair agreed to join forces, creating a new FTSE 100 gambling giant. ...
Gala Bingo clubs bought for £241m image
Source : BBC [Read Article] Monday 26th of October 2015 08:00:04 AM
.... . Other tie-ups in the sector this year include Betfair and Paddy Power, and online firm 888 with rival Bwin. ...
William Hill profits are among the early fallers image
Source : Daily Express [Read Article] Friday 23rd of October 2015 08:31:00 PM
....”. Hill has missed out on a recent wave of industry consolidation including tie-ups between Paddy Power and Betfair, Ladbrokes’ proposed merger with Coral and Sportingbet owner GVC’s takeover of Bwin. ...
Banned from the bookies image
Source : BBC [Read Article] Sunday 18th of October 2015 07:15:19 AM
....The BBC asked firms about the practice of restricting bets but most declined to comment. However, Paddy Power said it managed financial risk like all businesses and had a number of checks and restrictions in place to prevent certain bets being made. ...
Gambling industry bets on consolidation image
Source : BBC [Read Article] Monday 21st of September 2015 11:04:19 PM
....A raft of big deals this year include the £2. 3bn tie-up between Ladbrokes and Gala Coral in July, a £6bn merger of Betfair and Paddy Power in August, and GVC's £1. ...
The biggest bets bookies are making are on their own futures image
Source : Independent [Read Article] Friday 18th of September 2015 11:37:37 PM
....Now the bookies themselves are being forced to make a few bets. M&A fever is turning 2015 into the year of the bookmaking mega-deal, including the combination of Ladbrokes and Coral to create a behemoth with more than 4,000 shops, and the merger of upstart Paddy Power with the Betfair betting exchange, potentially creating a £6bn FTSE 100 betting giant. ...
Uber executive joins London venture capital firm Balderton image
Source : Telegraph [Read Article] Thursday 10th of September 2015 04:30:14 AM
.... . Notable exits include Bebo, the social app bought by AOL in 2008 for $850m, LoveFilm, which Amazon acquired for $250m, and Betfair, the London-listed gambling company that recently agreed a £6bn merger with Paddy Power. ...
Source : Independent [Read Article] Wednesday 9th of September 2015 12:23:08 AM
. Paddy Power’s £6bn merger with the betting exchange Betfair to create the world’s biggest online bookmaker will generate £50m a year in cost savings, the companies have said. ...
City news: Whitbread, Terra Firma, Conviviality Retail, Paddy Power image
Source : Daily Express [Read Article] Tuesday 8th of September 2015 08:46:00 PM
....The two companies, who set out plans to merge last month, said they expect the combination to generate annual cost savings of £50million. Paddy Power shareholders will receive a special dividend of £58million before the deal is completed. ...
From BuyMyFace to bitcoin, what's next for young entrepreneur Ed? image
Source : Guardian [Read Article] Tuesday 8th of September 2015 11:01:20 AM
.... It entailed selling advertising space on their own faces for a year – each day, for a fee, they would paint a different brand logo on their faces and upload the picture to the BuyMyFace website, including a link to the brand’s website. Media interest in the story was huge, and they attracted advertising spend from big names such as Paddy Power and Pipers Crisps. ...
Paddy Power and Betfair merger agreed image
Source : Guardian [Read Article] Tuesday 8th of September 2015 08:28:07 AM
. Paddy Power and Betfair have agreed on a £5bn merger to create one of the world’s largest online gambling businesses, with more than 7,000 staff and £1. ...
The 10 things to watch in business on Tuesday September 8 image
Source : Independent [Read Article] Tuesday 8th of September 2015 07:44:03 AM
....5. Gaming giants Paddy Power and Betfair agreed on the terms of their £5 billion merger to create the world’s biggest publicly listed online gaming company. ...
Retail results will show true temperature of UK economy  image
Source : Telegraph [Read Article] Sunday 6th of September 2015 07:16:15 PM
.... . Tesco’s sale of its South Korean arm, Morrison’s exit from its convenience store business and confirmation of Paddy Power’s merger with Betfair look set to be confirmed as early as Monday, while some of the UK’s biggest companies will report their numbers later in the week. ...

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