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The AA said its performance in the first half of its financial year had been hit by a combination of an erratic workload and an inherently fixed cost base. Photograph: Phil Noble/Reuters

Roadside recovery and motor insurance company AA has fired executive chairman Bob Mackenzie for gross misconduct and lowered its full-year forecasts, (...)

AA said it would offer up to 554 million new and existing shares at 250 pence per share

Roadside rescue company the AA said on Friday that it would issue £210 million of new shares in an accelerated initial public offering, valuing the c(...)