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Monday newspaper round-up: Tech companies, Pennon, David Lloyd gyms

Mon 22 June 2026 07:11 | A A A

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(Sharecast News) - Leave-voting areas have seen faster relative growth in foreign workers since the Brexit referendum, a Guardian investigation has found. Data analysis suggests that the decade since the Brexit vote may not have matched the expectations of many Leave supporters, showing their local areas have also become relatively more deprived over the same period. - Guardian

Taxpayers want the UK to increase levies on giant global technology companies such as Facebook owner Meta, Google and Amazon, a survey of Britons' attitudes on corporate taxes suggests. The polling released on Monday by the Fair Tax Foundation - abody providing businesses with certification around responsible tax conduct - found that 67% of respondents believe that the government should charge higher digital services taxes on multinational technology groups "to increase their overall tax contribution in the UK". - Guardian

A company that pumped parasite-infected drinking water to thousands of homes in south-west England has paid a 270,000 bonus to the boss who oversaw the scandal. Susan Davy quit last year as chief executive of Pennon, the listed group that owns South West Water, after a series of crises prompted the company to halt her bonuses. But these payouts have been reinstated after a reversal by the board. - Telegraph

The architect of a sweeping City overhaul that was aimed at making banks safer following the 2007-09 financial crisis has warned the Conservatives to "think twice" about their plan to scrap the reforms. A proposal to abolish bank ring-fencing was one of the centrepieces of Kemi Badenoch's calls last week for an "economic revolution" that would sweep away red tape in the City. - The Times

The owner of David Lloyd gyms is weighing up a possible London listing of the chain at a valuation of 4 billion in a rare glimmer of hope for Britain's capital markets. TDR Capital, which also owns Asda, the UK's third-largest supermarket chain, and Popeyes, the American multinational chain of southern fried chicken restaurants, has been eyeing a float of its luxury leisure clubs in the coming years amid hopes of a revival in initial public offerings (IPOs) for London. - The Times

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