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The private renters trapped in Britain’s new slums 13 Apr 4:00pm The private renters trapped in Britain’s new slums
Years of austerity have driven the poorest into squalid, crumbling homes. Can this cycle be broken?The stark human cost of Britain’s decade-long austerity drive, welfare reforms and warped housing priorities can be glimpsed in 11 decaying flats carved from what was once a grand Victorian terrace home in Weston-super-Mare. These bay-fronted houses were most likely thrown up in the Somerset resort’s 19th-century building boom, which carpeted the reclaimed marshland behind the windswept seafront with terraces, hotels and guesthouses. Now they are home to vulnerable private renters trapped in a desperate cycle of falling benefits, squalid housing and poor health.
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One Man vs. McKinsey: A Billionaire Says the Consultancy Has Rigged the Bankruptcy System 13 Apr 2:26pm Updated One Man vs. McKinsey: A Billionaire Says the Consultancy Has Rigged the Bankruptcy System
Jay Alix is waging a court battle against the powerful advisory firm. McKinsey says he’s just a disgruntled competitor.
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Apple and Qualcomm’s Global Fight Heads to Court in San Diego 13 Apr 1:31pm Apple and Qualcomm’s Global Fight Heads to Court in San Diego
The battle between the companies, once partners, could affect the division of billions of dollars in smartphone profits and, perhaps, how much consumers pay for phones.
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Not enough babies? Not enough state support for families 13 Apr 12:00pm Not enough babies? Not enough state support for families
When governments withdraw from child-friendly policies, their citizens are, unsurprisingly, more reluctant to procreateWhen a baby is conceived there are usually three parties involved, and one of them is the government. Without financial and other kinds of support from the state, people are more reluctant to have children, according to official statistics. It’s a phenomenon seen across the developed world since the 1990s, when direct state intervention appears to have taken over from a more general sense of economic wellbeing as the main driver of procreation.
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Brexit: British Steel seeks £100m government loan to meet EU rules 13 Apr 11:24am Brexit: British Steel seeks £100m government loan to meet EU rules
The steelmaker is asking for help after the EU froze UK companies out of its carbon credits scheme.
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Disney prepares to strike back at Netflix 13 Apr 11:00am Disney prepares to strike back at Netflix
Streaming service Disney+, launching in the US in autumn, is gambling billions on being able to see off a rival that already has 150 million subscribers worldwide The fan frenzy surrounding the freshly released teaser for
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The problem with Debenhams – it’s not just indebted, it’s dull 13 Apr 11:00am The problem with Debenhams – it’s not just indebted, it’s dull
The store chain needs to cut outgoings. But it also needs a revamp of its dated fashion offering if it is to flourish againShoppers of all ages pile on to escalators below a cheery neon sign reading “Hello Brum”. They later head for tills where the lines are long enough to require a member of staff with a sign reading “the queue starts here”. This is Primark’s new store in Birmingham, where it is possible to dine in at least five restaurants, get your hair restyled and your nails painted, or pose for a selfie beneath signs telling you what’s “trending now” on social media.
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Council tax debts in England soar 40% in six years 13 Apr 10:54am Council tax debts in England soar 40% in six years
Charities say ‘huge issue’ of arrears is now as big a problem as credit card debts Council tax debts in England have soared by nearly 40% in six years, Guardian research has found, with charities warning these arrears now rival credit card debts as their biggest concern. Amid warnings that “heavy-handed” collection tactics are putting severe pressure on those already in financial difficulty, households face a
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Thousands more ATMs will charge 95p to take out cash 13 Apr 9:14am Thousands more ATMs will charge 95p to take out cash
Notemachine, the firm behing a fifth of the UK's free cash machines, will charge for many of its 10,500 devices following changes to how the ATMs are funded.
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WH Smith suffers profit drop but looks to travel and hospital arms to take it forward 13 Apr 7:28am Updated WH Smith suffers profit drop but looks to travel and hospital arms to take it forward
The stationery and book chain's profit from its travel arm increased by 7 per cent to £44million in the six months ending 28 February, while total revenue in the division rose by 18 per cent.
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RUTH SUNDERLAND: Fears for return of Italian debt doom mount amid IMF comments 13 Apr 6:52am RUTH SUNDERLAND: Fears for return of Italian debt doom mount amid IMF comments
A report from the OECD earlier this month found the Italian economy has stagnated since 2000. The country is carrying a huge burden of debt – €2.4 trillion or around 138 per cent of national output.
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MARKET REPORT: Bosses at Plus500 unveil bumper executive pay packets while shares sink 13 Apr 6:21am MARKET REPORT: Bosses at Plus500 unveil bumper executive pay packets while shares sink
Asaf Elimelech and Elad Even-Chen, Plus 500’s chief executive and chief finance officer respectively, took home over £4.6million each in 2018, more than double the year before.
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RUTH SUNDERLAND: Return of Italian debt doom mount amid International Monetary Fund comments  13 Apr 6:01am RUTH SUNDERLAND: Return of Italian debt doom mount amid International Monetary Fund comments 
A report from the OECD earlier this month found the Italian economy has stagnated since 2000. The country is carrying a huge burden of debt – €2.4 trillion or around 138 per cent of national output.
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British Steel in talks about £100m government loan 13 Apr 5:53am British Steel in talks about £100m government loan
The UK's second-biggest steel producer is seeking an urgent £100m‎ government loan after Theresa May's failure to secure a Brexit deal left it frozen out of an EU-wide carbon trading scheme.
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Can it get any worse for Centrica shareholders? Dividend under threat as stock hits 20-year low  13 Apr 5:40am Can it get any worse for Centrica shareholders? Dividend under threat as stock hits 20-year low 
Investors in the British Gas owner have had a rocky ride since the concept of the energy price cap began to be seriously considered by politicians.
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New app Youtility lets users see all their outgoings in one place and they can switch supplier 13 Apr 5:39am New app Youtility lets users see all their outgoings in one place and they can switch supplier
A new app has launched, helping people view all their bills on one, easy to use platform that will also automatically shows them if they could be cutting down on costs.
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Taxi app founder Travis Kalanick poised to join the Uber rich making £6.6BILLION from stock float 13 Apr 5:14am Taxi app founder Travis Kalanick poised to join the Uber rich making £6.6BILLION from stock float
Travis Kalanick owns 8.6 per cent of the shares and will be one of the biggest winners in its £76.5billion listing on New York’s stock exchange.
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Medicare Aims to Expand Coverage of Cancer Care. But Is It Enough? 13 Apr 5:00am Updated Medicare Aims to Expand Coverage of Cancer Care. But Is It Enough?
Doctors and patients are pushing the Trump administration to pay for a powerful but costly cancer treatment known as CAR-T, one of many new “personalized medicines.”
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From gender reveal parties to baby showers: parents-to-be spend £700 on average before birth 13 Apr 4:33am Updated From gender reveal parties to baby showers: parents-to-be spend £700 on average before birth
A survey conducted by American Express reveals that a nearly three-quarters of parents are holding pre-birth events with more than half a million opting for a trendy gender reveal party.
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RAY MASSEY: Jaguar XE sports saloon roars back into the limelight 13 Apr 4:20am RAY MASSEY: Jaguar XE sports saloon roars back into the limelight
Jaguar made its name and reputation over decades creating sexy sports saloon cars full of ‘grace, space, and pace’ costing less than customers thought they might.
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Number spoofing: more Metro Bank users say they were robbed of thousands 13 Apr 2:45am Number spoofing: more Metro Bank users say they were robbed of thousands
Last week we featured a NatWest account holder who lost £10,000. A raft of new victims have now come forward telling the same story More Guardian Money readers have come forward to say they too have been scammed by fraudsters who “spoofed” their bank’s phone number. In some cases they have lost more than £40,000. Two weeks ago Money
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BA upgrade: ‘We paid a lot and feel totally ripped off’ 13 Apr 2:00am BA upgrade: ‘We paid a lot and feel totally ripped off’
The Marsdens paid to ease the strain on a 10-hour return trip. Instead, they got a flight from hell
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Forced out of family home as equity release company makes a killing 13 Apr 2:00am Forced out of family home as equity release company makes a killing
Daughter is given one month to pack up and go after mother dies When June died at the age of 98 a few weeks ago, it was a painful time for her bereaved daughter, Rosemary. She had moved in eight years earlier to care for her mother, and now had to arrange the funeral, as well as sort out all the paperwork such as the will and death certificates. What she didn’t reckon on was a repossession demand from an equity release company to clear the house of everything and get out within four weeks. Much is written about the rise of equity release – sales are booming – but very little about what happens on death.
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13 Apr 12:05am Updated Big Bank Earnings Reflect Strength in the Economy
JPMorgan Chase and PNC Financial Services Group reported growth in the first quarter, despite a federal government shutdown that lasted for most of January.
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California Governor Seeks to Protect Utilities From the Cost of Wildfires 13 Apr 12:03am Updated California Governor Seeks to Protect Utilities From the Cost of Wildfires
Electric utilities welcomed Gavin Newsom’s proposals but consumer groups said they would let PG&E off the hook while costing taxpayers billions of dollars.
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