The number of unemployed grew by 82,000 in the three months to August, as Barclays seeks to cut costs following profits dip

Hipgnosis has said it failed to find a buyer willing to top an existing $440m offer for catalogues including works by the Kaiser Chiefs and Shakira, a deal that has angered many investors who intend to vote against it at a meeting later this week.

The embattled London-listed company, which offers investors the chance to make money from the royalties of tracks by famous artists including Beyoncé and Neil Young, said that it has been in contact with 17 parties regarding potential alternative offers for the 29 catalogues but failed to secure a binding, superior rival bid.

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