By Ian Walker

Glencore PLC announced on Thursday that Glencore Energy UK Ltd. will pay £281 million ($320.1 million) in fines and costs to settle the UK Serious Fraud Office’s bribery investigation.

In May, the FTSE 100-listed commodities mining and trading company announced it would pay more than $1 billion to US regulators and admitted wrongdoing to investigate allegations of bribery and market manipulation. At the time, Glencore also said it would plead…

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