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The Guardian

Wednesday, March 13, 2019
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OBR caps UK growth forecast at 1.2% but says five-year outlook bright 13 Mar 4:16pm OBR caps UK growth forecast at 1.2% but says five-year outlook bright
Forecaster’s mid-term outlook buoyed by £50bn in tax increases, despite low growth and falling house prices in 2019 Britain’s economy will struggle to grow by more than 1.2% this year as Brexit uncertainty hits business investment and sends house prices into reverse for the first time since the 2008 financial crash,
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Spring statement: Brexit deal could end austerity, but benefit freeze continues - as it happened 13 Mar 4:14pm Spring statement: Brexit deal could end austerity, but benefit freeze continues - as it happened
Chancellor reveals growth and borrowing forecasts, plus money for period poverty, knife crime prevention, and affordable housing
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Sports Direct offers Debenhams £150m interest-free loan 13 Mar 3:50pm Sports Direct offers Debenhams £150m interest-free loan
Department store would have to make Mike Ashley chief executive and up stake by 5% Mike Ashley’s Sports Direct has offered to bail out Debenhams with an interest-free £150m loan in exchange for an additional 5% stake in the company, on top of a prior demand to make him chief executive. Sports Direct set out its one-year loan as an alternative proposal to a £150m loan Debenhams this week said
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Spring statement: Brexit deal could end austerity, but benefit freeze continues - live 13 Mar 3:33pm Updated Spring statement: Brexit deal could end austerity, but benefit freeze continues - live
Chancellor reveals growth and borrowing forecasts, plus money for period poverty, knife crime prevention, and affordable housing
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HMRC in line for £1bn windfall from Lehman Brothers collapse 13 Mar 2:58pm HMRC in line for £1bn windfall from Lehman Brothers collapse
UK supreme court rules administrators winding up bank must pay tax on assets More than a decade after the collapse of Lehman Brothers sparked the global financial crisis, the British taxman may be in line for a £1bn windfall from the catastrophe. The UK supreme court on Wednesday ruled that administrators overseeing the winding up of the investment bank must pay tax on more than £5bn in assets that have been left over from the collapse.
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Spring statement: fossil fuel heating ban for new homes, as Brexit war chest swells - live 13 Mar 1:52pm Updated Spring statement: fossil fuel heating ban for new homes, as Brexit war chest swells - live
Chancellor reveals growth and borrowing forecasts, plus money for period poverty, knife crime prevention, and affordable housing
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Spring statement: fossil fuel heating ban for new homes, as Brexit warchest swells - live 13 Mar 12:02pm Updated Spring statement: fossil fuel heating ban for new homes, as Brexit warchest swells - live
Chancellor reveals growth and borrowing forecasts, plus money for period poverty, knife crime prevention, and affordable housing
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Spring statement: Hammond promises more spending if no-deal Brexit avoided - live 13 Mar 10:56am Updated Spring statement: Hammond promises more spending if no-deal Brexit avoided - live
Chancellor reveals growth and borrowing forecasts, plus money for period poverty, knife crime prevention, and affordable housing
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Edmond de Rothschild bank to be taken private by family 13 Mar 10:02am Edmond de Rothschild bank to be taken private by family
Move would make company the only Swiss private bank to be 100% family owned The family of Benjamin de Rothschild, a scion of the 250-year-old banking dynasty, has said its plans to take the stock market-listed Edmond de Rothschild bank private. Edmond de Rothschild would become the only Swiss private bank to be 100% family owned and under a simplified structure would be headquartered in Geneva, the historical centre of the country’s banking sector, if the plan announced on Wednesday is approved.
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Shoppers stockpiling painkillers and toilet roll, says Morrisons 13 Mar 5:59am Shoppers stockpiling painkillers and toilet roll, says Morrisons
Supermarket is also building up stock for in-house operation against a no-deal Brexit Shoppers have begun stockpiling toilet rolls and painkillers ahead of a potential no-deal Brexit according to
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UK will cut most tariffs to zero in event of no-deal Brexit 13 Mar 4:38am UK will cut most tariffs to zero in event of no-deal Brexit
Tariffs to vanish from 87% of imports, not including certain meat, dairy and other products Tariffs will be cut to zero on 87% of imports to the UK as part of a temporary no-deal plan but prices of some imports including meat, shoes, underpants and cars will go up. In an attempt to prevent a
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Carphone Warehouse fined £29m for insurance mis-selling 13 Mar 4:10am Carphone Warehouse fined £29m for insurance mis-selling
FCA says company trained sales force to push product to customers who were covered Carphone Warehouse has been fined £29.1m by the City watchdog for mis-selling Geek Squad, a mobile phone insurance and technical support product.
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Government to slash tariffs to zero in case of no-deal Brexit 13 Mar 4:03am Updated Government to slash tariffs to zero in case of no-deal Brexit
Tariffs on 87% of UK imports cut to zero to avoid £9bn shock to consumers and business Tariffs will be slashed to zero on 87% of imports to the UK as part of a temporary no-deal plan to prevent a
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£350 bill for cancelling car insurance policy within cooling-off period 13 Mar 3:00am £350 bill for cancelling car insurance policy within cooling-off period
Carrot insurance is charging me the fee although I was only five days into the 14 days allowed
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Boeing and US under pressure to ground 737 Max as further bans brought in 13 Mar 2:46am Updated Boeing and US under pressure to ground 737 Max as further bans brought in
Federal Aviation Administration increasingly isolated in maintaining plane is safe as EU countries halt flights
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