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Monday, June 24, 2019
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Boris Johnson’s tax cut would benefit richest 10% most, say experts 24 Jun 7:01pm Boris Johnson’s tax cut would benefit richest 10% most, say experts
Plan would cost £9bn and endanger promise to end austerity, according to IFS
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Currencies in USD
GBP 1,25 +0,964%
EUR 1,11 +1,261%
CHF 1,01 +0,690%
Trump blasts Fed for blowing US recovery; German business confidence slides – as it happened 24 Jun 4:04pm Trump blasts Fed for blowing US recovery; German business confidence slides – as it happened
Rolling coverage of the latest economic and financial news
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Trump blasts Fed for blowing US recovery; German business confidence slides – business live 24 Jun 3:56pm Updated Trump blasts Fed for blowing US recovery; German business confidence slides – business live
Rolling coverage of the latest economic and financial news
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FirstGroup investor Coast Capital makes some reasonable points | Nils Pratley 24 Jun 2:43pm FirstGroup investor Coast Capital makes some reasonable points | Nils Pratley
Amid a messy breakup strategy putting new experts on the Firstgroup board makes sense Half a decade ago FirstGroup could boast it was “one of the world’s great transport groups”. That, at least, was the line used by Martin Gilbert when he bowed out as chairman after 27 years and, broadly speaking, it was correct. FirstGroup had grown from a few regional bus routes in Scotland to become very big in the UK and the US, as it still is today. There are 100,000 employees, the group carries 2 billion passengers a year and revenues last year were £7.1bn. So not the sort of company to be pushed around by a small but mouthy New York hedge fund? Well, actually, it might be.
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Medical cannabis firms press UK to loosen prescription rules 24 Jun 2:20pm Medical cannabis firms press UK to loosen prescription rules
Manufacturers say not allowing GPs to prescribe drug fails patients and forfeits gains The world’s largest medicinal
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Coast Capital gets backer in shareholder rebellion at FirstGroup 24 Jun 1:45pm Coast Capital gets backer in shareholder rebellion at FirstGroup
Columbia Threadneedle has said it will back resolutions to replace board in demand for group’s exit from UK rail A second major shareholder has joined an investor drive to eject the board of FirstGroup, as the transport group faces an emergency meeting on Tuesday that could result in Britain’s most lucrative rail franchise again slipping from its grasp. Columbia Threadneedle said it was backing
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HMRC pushes massive VAT increase for new solar-battery systems 24 Jun 1:21pm HMRC pushes massive VAT increase for new solar-battery systems
Treasury proposes rise from 5% to 20%, while the tax on coal will stay at lower rate Homes hoping to shrink their carbon footprints by installing a solar-battery system face a steep VAT hike from October under new laws proposed by HMRC. The Treasury put forward legislation on Monday to raise VAT for home solar-battery systems from 5% to 20%, on the same day that MPs are debating the
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Labour to give Bank of England role in tackling climate crisis 24 Jun 1:09pm Labour to give Bank of England role in tackling climate crisis
John McDonnell says Bank would monitor City firms’ progress on carbon emissions
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German business morale hits four-year low; bitcoin smashes through $11,000 - business live 24 Jun 8:23am Updated German business morale hits four-year low; bitcoin smashes through $11,000 - business live
Rolling coverage of the latest economic and financial news
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German business confidence falls again; bitcoin smashes through $11,000 - business live 24 Jun 6:32am Updated German business confidence falls again; bitcoin smashes through $11,000 - business live
Rolling coverage of the latest economic and financial news
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Boots to ban plastic bags and switch to brown paper carriers 24 Jun 5:25am Updated Boots to ban plastic bags and switch to brown paper carriers
Chain will charge 5p, 7p, or 10p for various sizes of paper bag, with profits going to BBC Children in Need Boots will phase out all plastic bags from its stores by 2020, replacing them with brown paper bags. The move will remove from use 40m plastic bags a year, amounting to 900 tonnes of single-use plastic.
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Iranian tensions push oil higher as bitcoin smashes through $11,000 - business live 24 Jun 4:08am Updated Iranian tensions push oil higher as bitcoin smashes through $11,000 - business live
Rolling coverage of the latest economic and financial news
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My siblings and I inherited a house, will we be liable for stamp duty? 24 Jun 2:00am My siblings and I inherited a house, will we be liable for stamp duty?
The house is probably worth £80,000 to £90,000, but three of us already own property
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Thompson & Morgan customer service is still a growing pain 24 Jun 1:59am Thompson & Morgan customer service is still a growing pain
I need to know if my complaint about its mail order tree will ever bear fruit?
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UK finances forecast to suffer under most forms of Brexit 24 Jun 1:01am UK finances forecast to suffer under most forms of Brexit
Cost of leaving EU will also impede new policy initiatives, thinktank’s report says Most forms of
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Straight outta Brompton: company predicts ebikes future 24 Jun 1:00am Straight outta Brompton: company predicts ebikes future
Boss of folding bike maker says battery-aided bikes could account for half of business within 10 years The folding bicycle maker Brompton is predicting electric bikes could make up at least half its business within the next 10 years, as it broadens the appeal of cycling beyond the traditional market of lycra-clad males. Brompton makes 50,000 bikes a year at its factory in Greenford, west London, but is aiming to double production in five years if Brexit does not get in the way.
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