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Tesla given the green light to build electric cars at its £1.5bn factory in China 17 Oct 7:25am Tesla given the green light to build electric cars at its £1.5bn factory in China
The American firm has been added to a government list of approved automotive manufacturers, China's industry ministry said on Thursday.
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Food groups issue warning over post-Brexit trade deals 17 Oct 5:46am Food groups issue warning over post-Brexit trade deals
Major food producers have sounded the alarm bell over concerns that the government will "sacrifice" British standards in order to secure post-Brexit trade deals.
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PreCheck, Global Entry or Clear? How to Get Through Airport Lines Faster 16 Oct 12:44pm Updated PreCheck, Global Entry or Clear? How to Get Through Airport Lines Faster
Spend less time in line and more time, well, anywhere other than the airport, with these apps and government programs.
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Minister refuses to rule out extending UK benefits freeze 16 Oct 12:04pm Minister refuses to rule out extending UK benefits freeze
Freeze imposed in 2015 was planned to last until end of 2019-20 financial year The government has refused to commit to ending its freeze on benefits despite a promise to turn the page on a decade of austerity. The work and pensions secretary, Thérèse Coffey, said she could not give a definitive answer about whether the freeze on most working-age benefits and tax credits would continue beyond its initial four-year term.
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16 Oct 10:51am Northern rail could be nationalised
The government is considering whether the management of the train service should be taken into public hands.
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16 Oct 10:18am Updated Northern rail could be renationalised
The government is considering whether the management of the train service should be taken into public hands.
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The smart meter snoopers already in homes tracking our energy habits  16 Oct 4:22am Updated The smart meter snoopers already in homes tracking our energy habits 
At least 20 companies are being given a share of £20million to develop products that can be used alongside smart meters in a government scheme to let tech firms access families' smart meter data.
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Kingman warns over pace of audit reforms 15 Oct 8:28am Kingman warns over pace of audit reforms
The architect of reforms aimed at strengthening audit oversight following a series of corporate scandals has hit out at the government's failure to deliver legislation needed to beef up regulators' powers.
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Probate fee rises of up to £6k are scrapped 15 Oct 6:19am Updated Probate fee rises of up to £6k are scrapped
A threatened 'death tax' on grieving families was ditched by Government over the weekend. We explain the controversy, the fallout for relatives, and what happens to charges now.
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No government ministers in contact with stricken Thomas Cook, MPs told 15 Oct 4:12am No government ministers in contact with stricken Thomas Cook, MPs told
No UK government ministers were in direct contact with Thomas Cook in the six days before its collapse, the company's boss has told MPs.
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Cell Service Returns to Kashmir, Allowing First Calls in Months 14 Oct 3:25pm Updated Cell Service Returns to Kashmir, Allowing First Calls in Months
After imposing a complete communications blackout two months ago, the Indian government on Monday partially restored cellphone service in the Kashmir Valley.
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No more than £1m will be recouped from Thomas Cook chiefs 14 Oct 2:11pm No more than £1m will be recouped from Thomas Cook chiefs
Contracts covering bonuses for failed travel company will limit amount of ‘clawback’ possible The government is likely to be able to recoup £1m at most from bonuses paid to the executives who were in charge of Thomas Cook
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How Investigators Could Pursue a Case Against Juul 14 Oct 7:00am How Investigators Could Pursue a Case Against Juul
The rise of vaping-related illnesses and deaths has put the e-cigarette maker squarely in the sights of the government.
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Ban air miles schemes to cut flights, says climate report 14 Oct 2:41am Ban air miles schemes to cut flights, says climate report
Air miles schemes should be banned because they encourage excessive flying, say government climate change advisers.
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Average UK earners gained just 2p per hour in two years, TUC reveals 12 Oct 3:01am Average UK earners gained just 2p per hour in two years, TUC reveals
Minimal real terms rise compares with £7 an hour for top 1% of earners The top 1% of high earners in the UK have enjoyed a 7.6% real terms pay increase over the last two years, while the average worker’s pay rose by just 2p an hour. A TUC analysis of government hourly pay data between 2016 and 2018 shows thatpay among the very top earners increased at a faster rate than any other group.
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Help-to-buy Isa: last chance to get up to £3,000 of free government cash 12 Oct 2:45am Help-to-buy Isa: last chance to get up to £3,000 of free government cash
If you plan to be a first-time buyer, getting a help-to-buy Isa is a no-brainer – but you need to get a move on Time is running out if you haven’t taken advantage of the government’s offer of free money towards buying your first home. That’s because the
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11 Oct 5:32pm Airline collapse rules could be changed so planes can fly people home
The government wants to be able to requisition grounded planes to fly stranded passengers home.
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11 Oct 12:43pm UK pays out £87m for no-deal Brexit ferry contracts
The government has awarded medicine supply contracts to four ferry firms.
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Bust airlines to fly passengers home under new govt rules 11 Oct 12:29pm Bust airlines to fly passengers home under new govt rules
Planes belonging to insolvent airlines will be able to continue flying and bring holidaymakers home under new regulations to be introduced by the government.
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Government signs up ferry firms for £87m in case of no-deal Brexit 11 Oct 12:26pm Government signs up ferry firms for £87m in case of no-deal Brexit
Four companies agree contracts that will help ensure supply of vital medicines The government has signed contracts worth almost £87m with four ferry companies to help ensure the supply of vital medicines in the event that the UK leaves the EU without a deal. The Department for Transport (DfT) said Brittany Ferries, DFDS, P&O and Stena Line would be ready to deliver capacity equivalent to thousands of heavy goods vehicles a week from the 31 October Brexit deadline. The four firms will operate on 13 routes from eight UK ports that are less likely to face disruption in the event of a no-deal Brexit: Teesport, Hull, Killingholme, Felixstowe, Harwich, Tilbury, Portsmouth and Poole.
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11 Oct 11:13am UK awards no-deal medicine transport contracts
The government has awarded medicine supply contracts worth £86.6m to four ferry firms.
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Give mums their state pension credits back, say Treasury tax experts 11 Oct 10:33am Updated Give mums their state pension credits back, say Treasury tax experts
In a stinging report, tax officials said people 'can easily disadvantage themselves' in a system that 'appears illogical', and told the Government to find a way to restore lost credits to parents.
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Change law to force UK firms to share profits with staff – thinktank 10 Oct 7:01pm Change law to force UK firms to share profits with staff – thinktank
Social Market Foundation says employees at all levels should share in a company’s growth Companies in Britain should be forced to share rising profits with their workers through a change in the law, a thinktank has said. The Social Market Foundation said the government should tighten corporate governance laws to ramp up the pressure on company bosses to pay staff higher wages.
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Pensions tax relief set to cost government almost £40bn 10 Oct 2:04pm Pensions tax relief set to cost government almost £40bn
HMRC statistics show rising cost of subsidies, with higher-rate taxpayers claiming most Pensions tax relief will cost the government almost £40bn this year, up more than £2bn on the previous year, illustrating the growing cost of subsidising retirement saving. According to new
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By Taking Aim at Chinese Tech Firms, Trump Signals a Strategy Shift 9 Oct 12:51am Updated By Taking Aim at Chinese Tech Firms, Trump Signals a Strategy Shift
In blacklisting surveillance companies, the United States is the first major government to punish China for its crackdown on Muslims.
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As U.S. Takes Aim at Chinese Tech Firms, Trump Signals a Strategy Shift 8 Oct 5:15pm Updated As U.S. Takes Aim at Chinese Tech Firms, Trump Signals a Strategy Shift
In blacklisting surveillance companies, the United States is the first major government to punish China for its crackdown on Muslims.
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Barclays bosses lied about Qatar payments, court told 8 Oct 12:01pm Barclays bosses lied about Qatar payments, court told
Banking executives on trial at Old Bailey for actions during 2008 financial crisis Top executives at Barclays agreed to lie about the payment of hundreds of millions of pounds to Qatar in 2008 in order to secure “vital” investments for the bank and avoid a public bailout that would place it under UK government control, a court has heard. The claims were made in an opening statement by prosecutors for the Serious Fraud Office in the second trial against three former Barclays bosses. It is the only criminal case in Britain brought against banking executives for their actions during the financial crisis.
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8 Oct 8:01am Updated No-deal Brexit would push UK debt to 50-year high, says think tank
Government borrowing would reach its highest level in more than half a century, a think tank warns.
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8 Oct 5:12am Updated Lorry import tariffs to be cut in no-deal Brexit
The move comes after the Road Haulage Association pushed the government to axe the tariff altogether.
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Swine Fever? Trade War? China Turns to Strategic Pork Reserve 7 Oct 8:53pm Swine Fever? Trade War? China Turns to Strategic Pork Reserve
The tariff fight has added to Chinese shoppers’ grocery bills. How is the government coping? By tapping its gigantic stockpile of emergency meat.
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US blacklists 28 Chinese companies and government agencies over Uighur repression 7 Oct 8:09pm US blacklists 28 Chinese companies and government agencies over Uighur repression
Xinjiang Police College and video surveillance company Hikvision among those blacklisted for implications in human rights violations The US Commerce Department said on Monday it was putting 28 Chinese public security bureaus and companies – including video surveillance company Hikvision – on a US trade blacklist over Beijing’s treatment of Uighur Muslims and other predominantly Muslim ethnic minorities. Those added to the so-called “Entity List” include the Xinjiang Uighur Autonomous Region People’s Government Public Security Bureau, 19 subordinate government agencies and eight commercial firms, according to a Commerce Department filing. The companies include Zhejiang Dahua Technology, IFLYTEK Co, Xiamen Meiya Pico Information Co and Yixin Science and Technology Co.
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7 Oct 7:05pm IFS: No-deal Brexit would push UK debt to 50-year high
Government borrowing would reach its highest level in over half a century, the think tank warns.
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No-deal Brexit would push borrowing above £100bn, IFS warns 7 Oct 4:16pm No-deal Brexit would push borrowing above £100bn, IFS warns
A no-deal Brexit would see government borrowing rise to almost £100bn a year and overall debt reaching levels not seen since the 1960s, a leading economic think-tank has warned.
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Now is the time for the government to increase the supply of homes | Larry Elliott 7 Oct 1:03pm Now is the time for the government to increase the supply of homes | Larry Elliott
A cut in stamp duty may be politically expedient for Sajid Javed, but it would be a big mistake For anybody who has their home on the market, the news from the
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6 Oct 7:39pm ‘I’m being jailed for four emails from 12 years ago’
A former trader says the US government submitted misleading evidence to court.
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Cautious Treasury loses out on Sirius Minerals millions after failing to back the company 6 Oct 9:58am Updated Cautious Treasury loses out on Sirius Minerals millions after failing to back the company
The Government could have earned hundreds of millions of pounds if it had backed the recent $3.8billion (£3billion) finance package for Sirius Minerals.
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Without the Beeching report there might not have been Brexit 6 Oct 7:00am Without the Beeching report there might not have been Brexit
The reshaping of the railways left deep scars, with towns and villages isolated, and London all-important There are expert government reports that quickly gather dust. There are reports that seem as if they will make a difference but are quietly forgotten about. There are reports that actually matter. And then there’s Beeching. Even now, 56 years after its release, you don’t need to be a transport buff to know about the
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Iranian Hackers Targeted Presidential Campaign, Microsoft Says 4 Oct 3:28pm Updated Iranian Hackers Targeted Presidential Campaign, Microsoft Says
Journalists and other government officials were also targeted, the company said Friday in a security report. It did not name the campaign.
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U.S. Added 136,000 Jobs in September; Unemployment Rate at 3.5% 4 Oct 12:41pm Updated U.S. Added 136,000 Jobs in September; Unemployment Rate at 3.5%
The government’s latest monthly jobs report took on added significance after a week of otherwise disappointing economic news.
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New York Sues Student Loan Servicer for ‘Abusive’ Acts 3 Oct 6:00pm Updated New York Sues Student Loan Servicer for ‘Abusive’ Acts
A company that handles the federal government’s troubled Public Service Loan Forgiveness Program failed in its most basic tasks, the lawsuit said.
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UK housebuilding falls to slowest quarterly rate for three years 3 Oct 11:47am UK housebuilding falls to slowest quarterly rate for three years
Figures show new housing starts fell to 160,640 in June, 1% lower than a year ago Housebuilding across England has fallen to the slowest quarterly rate for three years, according to official figures, despite a promise by the government for a homebuilding revolution. Figures
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3 Oct 10:20am Updated Defeat for women in state pension age challenge
Judges rule the government's handling of the rise from the age of 60 did not discriminate against women.
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Housebuilding falls to slowest quarterly rate for three years 3 Oct 10:00am Housebuilding falls to slowest quarterly rate for three years
Figures show new housing starts fell to 160,640 in June, 1% lower than a year ago Housebuilding across England has fallen to the slowest quarterly rate for three years, according to official figures, despite a promise by the government for a home-building revolution. Figures
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Does the IMF need to refocus its role after the Argentina crisis? 3 Oct 5:29am Does the IMF need to refocus its role after the Argentina crisis?
The IMF alone cannot help troubled states out of a financial hole. Such states need more aid, not more loans In case you blinked, the Argentine government built up a pile of debt out of almost nothing with surprising speed, and then proceeded to default on it almost as quickly. Compared to the country’s slow-motion 2002 default, the latest crisis feels like 60-second Shakespeare. But in both cases, default was inevitable, because the country’s mix of debt, deficits, and monetary policy was unsustainable, and the political class was unable to make the necessary adjustments in time. And in both cases, loans from the International Monetary Fund seemed only to postpone the inevitable, and, worse, to exacerbate the ultimate collapse. So, after the second debacle in Argentina in less than a generation, it’s high time to ask how to refocus the IMF’s mandate for dealing with emerging-market debt crises. How can the IMF be effective in helping countries regain access to private credit markets when any attempt to close unsustainable budget deficits is labelled austerity? The only answer is to increase substantially the resources of international aid agencies (the IMF is a lender). Unfortunately, there seems little appetite for that.
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3 Oct 5:18am Women lose case over pension age changes
Campaigners challenging government's changes to state pension age for women lose case in High Court.
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Women affected by state pension age change lose High Court battle 3 Oct 4:53am Women affected by state pension age change lose High Court battle
Two women who took the government to court over controversial changes to the state pension age, have lost their landmark battle at the High Court.
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Netflix given €57,000 tax rebate by UK government in 2018 3 Oct 2:18am Netflix given €57,000 tax rebate by UK government in 2018
Company received figure despite making an estimated £700m from British subscribers Netflix received a €57,000 (£51,000) tax rebate from the UK government last year, despite making an estimated £700m from British subscribers bingeing on fare from The Crown to Stranger Things. Netflix’s UK financial filing states the company reported revenues of €48m last year, and pre-tax profits of €2.3m, because the hundreds of millions of pounds it makes from British subscribers’ monthly fees are funnelled through separate accounts at its European headquarters in the Netherlands.
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2 Oct 1:36pm Thomas Cook employees protest at Parliament
Former employees of Thomas Cook hand in a petition to the government demanding answers about the company's collapse.
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Thomas Cook-style collapse could happen again 1 Oct 8:18pm Thomas Cook-style collapse could happen again
Other airlines could follow Thomas Cook into liquidation because of growing pressure on the travel industry, the author of a government review of aviation has warned.
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Ban on petrol and diesel cars may be brought forward to 2035 1 Oct 10:46am Updated Ban on petrol and diesel cars may be brought forward to 2035
Transport secretary Grant Shapps told the Conservative Party conference that the Government will 'look again' at the current 2040 deadline and 'explore the case' for accelerating it.
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Nissan would drop UK Qashqai production in no-deal Brexit – reports 1 Oct 9:50am Nissan would drop UK Qashqai production in no-deal Brexit – reports
Move would risk future of Sunderland plant, which employs 7,000 people Nissan could tear up plans to build its Qashqai model in Sunderland if the UK leaves the European Union without a deal, according to reports, putting a plant employing 7,000 people at risk of closure. The Japanese carmaker promised in 2016 to build the new version of the SUV in Sunderland, after receiving assurances from Theresa May’s government that it would be protected from the impact of Brexit.
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1 Oct 2:42am Updated Brexit: Government to reveal detailed plan for EU negotiations
It includes the legal text of an updated Brexit deal, including suggested "customs clearance zones" in Northern Ireland.
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Government refuses to hold inquiry into hedge funds speculating on no-deal Brexit - business live 30 Sep 12:14pm Updated Government refuses to hold inquiry into hedge funds speculating on no-deal Brexit - business live
An urgent parliamentary question has examined claims Boris Johnson’s supporters are shorting the pound
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Government questioned on hedge funds speculating on no-deal Brexit - business live 30 Sep 10:08am Updated Government questioned on hedge funds speculating on no-deal Brexit - business live
An urgent parliamentary question will examine claims Boris Johnson’s supporters are shorting the pound
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Government quizzed on hedge funds speculating on no-deal Brexit - business live 30 Sep 9:23am Updated Government quizzed on hedge funds speculating on no-deal Brexit - business live
An urgent parliamentary question will examine claims Boris Johnson’s supporters are shorting the pound
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Who Succeeds Mark Carney? Brexit Brings Uncertainty to the Bank of England 30 Sep 7:25am Updated Who Succeeds Mark Carney? Brexit Brings Uncertainty to the Bank of England
The central bank is independent, but its future leadership rests on the most political of questions: Who is in government?
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30 Sep 3:56am Updated Tory conference: Government confirms £25bn for road upgrades
The Conservatives try to focus on spending pledges as the PM faces questions about his private life.
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Low earners can lose £8k due to pension tax lottery, says expert 30 Sep 2:45am Low earners can lose £8k due to pension tax lottery, says expert
Pensions expert Ian Browne, of Quilter, says some low earners could be losing £8k in lifetime savings - a 14% chunk of their total pot - due to a tax flaw the Government has failed to fix.
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Andrea Leadsom under fire over lack of talks with Thomas Cook 29 Sep 6:03am Andrea Leadsom under fire over lack of talks with Thomas Cook
Sources say business secretary ‘didn’t want a meeting and didn’t ask for one’ The business secretary, Andrea Leadsom, has come under fire after it emerged she did not speak to Thomas Cook executives during increasingly frantic talks between the company and the government
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Tesco has it tough enough already without a no-deal Brexit 28 Sep 6:59pm Tesco has it tough enough already without a no-deal Brexit
In a fiercely competitive market, the last thing the supermarket chain needs is lettuces left to wilt at a hard border with the EU When Tesco reports first-half results on Wednesday there will be less than a month to go until the Brexit deadline on 31 October. The law says the government must seek an extension if no deal is agreed by 19 October but Boris Johnson and his allies are trying to find ways around this. Tesco’s results will be an opportune occasion to ask Britain’s biggest grocer what preparations it has made for trade outside the EU and what the risks are for the country’s food supplies.
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25 Sep 8:53pm Updated Match.com Used Fake Ads to Swindle Users, F.T.C. Says
In a lawsuit, the government agency contended that the dating site tried to dupe hundreds of thousands of consumers into buying dating subscriptions.
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25 Sep 2:07pm Updated Al Franken Moves Back Into the Public Eye With a Sirius XM Talk Show
The former U.S. senator is trying a comeback 21 months after he left government over allegations of unwanted sexual advances.
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Overpay your mortgage to beat rock bottom savings rates  25 Sep 3:28am Updated Overpay your mortgage to beat rock bottom savings rates 
Rates have been low for more than five years since the Government offered the banks a cheap source of cash which meant they did not need to offer decent interest rates to attract savers' deposits.
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ALEX BRUMMER: The Government could have provided a bridging loan to save Thomas Cook 24 Sep 6:07pm ALEX BRUMMER: The Government could have provided a bridging loan to save Thomas Cook
The big complaint about the audit and governance enforcer, the Financial Reporting Council, is that when crises happen it is slow to investigate and even more tortoise-like to discipline wrongdoers.
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24 Sep 11:03am Updated Thomas Cook collapse: German airline Condor seeks financial help
Germany's government considers offering Condor financial aid so it can keep running.
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Tories increase borrowing by 28% as possible election looms 24 Sep 9:33am Tories increase borrowing by 28% as possible election looms
Javid may need to relax limits to fund spending as ONS figures show deficit nearly doubling A marked deterioration in the public finances means Sajid Javid will have to relax borrowing limits if the government is to
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24 Sep 6:40am Updated Introduce frequent flyer levy to fight emissions, government told
The Committee on Climate Change says the extra tax would help curb the growing demand for air travel.
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24 Sep 4:00am Updated Thomas Cook bosses face scrutiny over collapse
The government says the official probe into Thomas Cook's failure must look at bosses' actions.
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Beep. Ding. Vroom. Electric Cars Need to Make Noise for Safety, but What Kind? 22 Sep 8:34pm Updated Beep. Ding. Vroom. Electric Cars Need to Make Noise for Safety, but What Kind?
As electric cars become more popular, engineers, driven by government regulators, are crafting the sounds that will define the highways of the future.
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22 Sep 4:34pm Updated Thomas Cook customers will not be stranded, vows Raab
The government will fly UK holidaymakers home if the firm collapses, the foreign secretary says.
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Thomas Cook could be hours from collapse without extra £200m 22 Sep 3:31pm Thomas Cook could be hours from collapse without extra £200m
Emergency funds needed to protect up to 150,000 UK holidaymakers and 9,000 jobs Thomas Cook is understood to have just hours left to find up to £200m of emergency funds to avert the collapse of what is one of the world’s largest holiday companies – a corporate disaster that would affect 150,000 UK holidaymakers and put 9,000 British jobs at risk. The last-ditch efforts to save the 178-year-old firm came while the government remained on standby to perform the UK’s largest ever peacetime repatriation, as the tour operator battled through the weekend to avoid entering administration.
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Thomas Cook in last-ditch talks to avoid collapse 22 Sep 5:54am Thomas Cook in last-ditch talks to avoid collapse
Up to 150,000 UK holidaymakers affected with 9,000 British jobs at risk as firm looks for £200m in funds Thomas Cook is holding last-ditch talks with key players on Sunday morning in a bid to avert a collapse that will affect 150,000 UK holidaymakers abroad and put 9,000 British jobs at risk. The travel company is at risk of falling into administration imminently unless it finds £200m in extra funds. The government and the UK aviation watchdog are preparing
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21 Sep 8:02am Updated Thomas Cook asks government for bailout in funding race
The travel firm faces administration unless it finds another £200m demanded by bank creditors.
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Even bankers are starting to think Corbyn might be the safe choice now | Andy Beckett 21 Sep 1:00am Even bankers are starting to think Corbyn might be the safe choice now | Andy Beckett
Faced with the Tories’ no-deal extremism and a glaring crisis in capitalism, the financial establishment is losing its fear of a radical Labour government Beneath all the noise of Brexit, an unexpected question is being quietly asked in British politics as an election nears. Is a Jeremy Corbyn government actually the safe option? If you’ve been persuaded by the years of warnings from most of the media and countless politicians that such a government would be extreme, chaotic, authoritarian and doomed to failure, you may find this question ridiculous. If you’re still a Corbynista, then the notion of him as a stabilising premier for today’s turbulent Britain may be equally absurd. For many believers, the whole point of Corbynism has been the possibility that it might lead to “the most radical government in British history”, as the leftwing theorist and activist Jeremy Gilbert
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DealBook Briefing: Is Saudi Arabia Twisting Arms to Help Aramco’s I.P.O.? 20 Sep 10:38am Updated DealBook Briefing: Is Saudi Arabia Twisting Arms to Help Aramco’s I.P.O.?
The government is reportedly putting pressure on some of the country’s richest families to invest in Aramco’s forthcoming stock sale, the FT reports.
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No-deal Brexit vital freight carriers shortlisted 20 Sep 8:22am No-deal Brexit vital freight carriers shortlisted
Eight sea, rail and air freight companies have been shortlisted for government contracts to transport critical goods, including vital medical supplies in the event of a no-deal Brexit.
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New windfarms will not cost billpayers after subsidies hit record low 20 Sep 6:34am New windfarms will not cost billpayers after subsidies hit record low
Cost of supporting offshore turbines drops to less than market price for energy The UK’s next wave of offshore windfarms will generate clean electricity at no extra cost to consumers after record low subsidy deals fell below the market price for the first time. New offshore wind projects will power millions of British homes under “zero-subsidy” support contracts within the next four years, following a record-breaking government subsidy auction.
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New windfarms will not cost taxpayers after subsidies hit record low 20 Sep 4:35am New windfarms will not cost taxpayers after subsidies hit record low
Cost of supporting offshore turbines drops to less than market price for energy New renewable energy projects will be built at no extra cost for millions of British energy bill payers after record low state-backed subsidies fell below the market price the first time. The results of a government subsidy auction have revealed that the cost of supporting offshore wind turbines has tumbled by almost a third in two years to record lows of less than £40 per megawatt hour (MWh).
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De La Rue targets Sudan money printing contract as corruption probe continues 19 Sep 4:51pm De La Rue targets Sudan money printing contract as corruption probe continues
The 206-year-old passport and banknote firm has been chasing Sudanese officials in London and is poised to put itself forward if the government in Khartoum requests formal bids, sources said.
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No-deal Brexit will cut 3% off UK economic growth, warns OECD 19 Sep 5:00am No-deal Brexit will cut 3% off UK economic growth, warns OECD
Respected club forecasts 2020 recession in Britain just as global economy starts downward trend A no-deal Brexit will slice almost 3% from Britain’s economic growth over the next three years compared with just 0.6% from the rest of the EU, according to the OECD’s latest health check of the global economy. Amid concerns that all developed countries will see their growth slow next year, the Paris-based club for the world’s 35 richest nations warned that the UK would take the biggest hit if the government failed to secure an agreement with the EU.
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Will the government end up losing money on Help to Buy? 19 Sep 3:56am Updated Will the government end up losing money on Help to Buy?
Say what you like about Help to Buy, but if economists in the future are ever looking for a case study of how to get a market addicted to a subsidy it has at least provided them with that.
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£3bn needed for farming to tackle climate change and protect nature 18 Sep 7:33pm £3bn needed for farming to tackle climate change and protect nature
UK farming needs billions of pounds from central government if commitments to tackle climate change and protect the natural environment are to be met.
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BT urges switch-off date for copper broadband service 18 Sep 1:08pm BT urges switch-off date for copper broadband service
BT Group and its broadband infrastructure rivals are in secret talks with the government about a timetable for switching off copper broadband services that would echo the end of the analogue TV signal in 2012.
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FTSE LIVE: Kingfisher profits hammered; Government to probe Cobham deal 18 Sep 12:12pm Updated FTSE LIVE: Kingfisher profits hammered; Government to probe Cobham deal
The FTSE 100 closed down 6.35 points at 7314.05 and the pound was at $1.25 against the dollar.
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18 Sep 4:56am Updated Cobham: National security fears threaten defence takeover
The government is looking into Advent's £4bn takeover bid for British defence firm Cobham.
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Leadsom intervenes in takeover of defence supplier Cobham 18 Sep 3:22am Leadsom intervenes in takeover of defence supplier Cobham
National security cited after investors accept offer from America’s Advent The government has intervened in the £4bn takeover of Cobham, a UK aerospace and defence supplier, by a US private equity firm on the grounds of national security. In a rare move, Andrea Leadsom, the business secretary, has instructed the Competition and Markets Authority to investigate the takeover of Cobham, a world leader in systems for planes to refuel in mid-air, by Advent International.
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Treasury ready to block £32bn LSE takeover over fears about national security 17 Sep 6:41pm Treasury ready to block £32bn LSE takeover over fears about national security
Government can wade in to potential takeovers if they threaten the national interest. Hong Kong Exchanges and Clearing, which wants the LSE, is 6 per cent-owned by the Hong Kong government.
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Could your 16-year-old really run their own Isa? 17 Sep 5:00pm Could your 16-year-old really run their own Isa?
Child trust funds were launched in January 2005. Eligible children born on or after September 1, 2002 were given £250 (£500 for lower-income families) by the Government as a tax-free investment.
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Consumer groups urge Coalition to crack down on dodgy payday lenders 17 Sep 2:00pm Consumer groups urge Coalition to crack down on dodgy payday lenders
Ongoing delays prompt warning that predatory behaviour continues to force the vulnerable into debt spiral The Coalition insists it is progressing new laws to crack down on dodgy payday lenders as consumer advocacy groups warn ongoing delays will see more vulnerable people exposed to the unethical practices of the sector. An alliance of consumer groups has begun a fresh push in Canberra to force the government to introduce laws that it promised in response to a 2016 review of small amount credit contract laws targeted at lenders who profit from short-term high-interest loans, such as Cash Converters.
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Plan for huge Yorkshire mine in doubt as firm pulls £400m bond sale 17 Sep 12:36pm Plan for huge Yorkshire mine in doubt as firm pulls £400m bond sale
Sirius Minerals says government turned down request for financing support A £4bn plan to dig the UK’s first deep mine in 40 years under the North York Moors is at risk of falling apart, after the company behind it shelved a $500m (£400m) bond issue, blaming factors such as a lack of government support and Brexit uncertainty. In an update that cut its share price in half, Sirius Minerals said it did not believe it could raise the money in current market conditions, dealing a major blow to its hopes of extracting a potent fertiliser called polyhalite from 2021.
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17 Sep 7:48am Hong Kong tries and fails to hire PR firms to rebuild image
Amid ongoing protests the government contacted eight PR firms, but all of them turned down the job.
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3 From JPMorgan Accused in Scheme to Game Precious Metals Market 16 Sep 6:16pm 3 From JPMorgan Accused in Scheme to Game Precious Metals Market
The government’s indictment said the scheme ran for eight years and generated millions of dollars in profits for the bank. JPMorgan declined to comment.
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Road transport emissions up since 1990 despite efficiency drive 16 Sep 2:39pm Road transport emissions up since 1990 despite efficiency drive
ONS says rise is result of growing traffic as campaigners say car use must be curbed Britain’s greenhouse gas emissions from road transport have continued to grow since 1990 despite more efficient cars because traffic has increased by almost a third, according to government figures. Cutting emissions on Britain’s roads remains a significant challenge, according to the
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Smart energy meter rollout deadline pushed back to 2024 16 Sep 1:32pm Smart energy meter rollout deadline pushed back to 2024
Government decision follows critics saying 2020 deadline had no chance of being met The government has pushed back the deadline for its £13bn smart energy meter rollout by four years to 2024 after critics said the project had “no realistic prospect” of meeting its deadline. The government has bowed to pressure to extend the deadline after
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Government invests £70m to double number of public rapid chargers 16 Sep 9:22am Government invests £70m to double number of public rapid chargers
The Government confirmed last week that it will invest a total of £400m to help bolster the public charging network, with some of this funding the installation of 3,000 rapid chargers over five years.
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Maybe We’re Not All Going to Be Gig Economy Workers After All 15 Sep 8:13pm Updated Maybe We’re Not All Going to Be Gig Economy Workers After All
Companies like Uber are hitting the turbulence of government regulation, worker resistance and labor market reality.
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Rebellion call over all-male board at property firm Daejan 15 Sep 7:34am Rebellion call over all-male board at property firm Daejan
Daejan is locked in a bitter row with Government diversity tsars, who say its top table is effectively 'closed to women'.
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The games industry shouldn’t be ripping off children | Geraldine Bedell 15 Sep 4:00am The games industry shouldn’t be ripping off children | Geraldine Bedell
The young must be protected from being exploited by online platformsLast week, MPs called on the government to
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UK blackouts raise questions over private sector’s right to profit from power 15 Sep 1:59am UK blackouts raise questions over private sector’s right to profit from power
Energy network companies are under scrutiny after last month’s outage, the worst of its kind in a decadeThere is never a good time for a blackout, but for Britain’s energy companies the timing of last month’s power failure could scarcely have been worse. The best that the owners of the UK’s energy pipes and wires can expect in the coming years is a tighter squeeze on their deflated profits by the industry regulator. A Labour government could support nationalisation. In the meantime, investors are turning their backs on energy network companies.
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UK pension annuities under threat as rates plummet 14 Sep 2:01am UK pension annuities under threat as rates plummet
They turn savings into an income for life – but demand has fallen sharply This week pension annuities collapsed to an all-time low. So are they now a pointless purchase? It is a product that turns your pension savings into an income for life, but demand has fallen off a cliff since the government
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13 Sep 7:02pm Historic towns to benefit from £95m boost named
The government lists 69 English towns and cities that will benefit from regeneration money.
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Corbyn panics investors as prospect of hard-left government makes Britain look deeply unattractive 13 Sep 5:56pm Corbyn panics investors as prospect of hard-left government makes Britain look deeply unattractive
Global investors are shunning Britain due to fears of a crackdown on business if Jeremy Corbyn takes power, Crystal Amber has warned.
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How much should you save into a pension? 13 Sep 2:43am How much should you save into a pension?
Many people wrongly latch onto the minimum auto enrolment contribution of 8% of earnings, assuming it is the Government's recommended amount to ensure you are comfortable in retirement.
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Fruit, vegetables and wine will be scarce and costly under no-deal Brexit, warn retailers 12 Sep 11:56am Fruit, vegetables and wine will be scarce and costly under no-deal Brexit, warn retailers
Weekly shop could be hit if chaos predicted in leaked government documents occurs
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Serco given two-year extension to contract with Australian government 11 Sep 5:27pm Updated Serco given two-year extension to contract with Australian government
The British firm will have completed 12 years as a contractor for the government when the deal ends in 2021. Full details were not revealed.
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Mike Ashley could be forced to ask Government to find auditor for his Sports Direct retail empire 11 Sep 5:23pm Updated Mike Ashley could be forced to ask Government to find auditor for his Sports Direct retail empire
The retailer has been left without an auditor after Grant Thornton quit the post at its annual shareholder meeting.
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Govt no deal documents warn of delays and electricity price rises 11 Sep 2:58pm Govt no deal documents warn of delays and electricity price rises
The government has released documents relating to its "Operation Yellowhammer" preparations for a no-deal Brexit.
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Pelosi Energizes Battle to Lower Drug Prices 11 Sep 8:26am Pelosi Energizes Battle to Lower Drug Prices
Speaker Nancy Pelosi’s draft plan to allow the federal government to negotiate the price of hundreds of drugs will add new urgency to Washington’s effort to fight rising prescription costs.
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Duty-free purchases of cigarettes and alcohol to return under no-deal Brexit 9 Sep 7:01pm Duty-free purchases of cigarettes and alcohol to return under no-deal Brexit
Sajid Javid’s decision means travellers to and from the EU would see prices tumble The government will reintroduce duty-free purchases of cigarettes and alcohol with immediate effect if Britain leaves the EU without a deal on 31 October, the chancellor,
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UK bus firms vow to buy only ultra-low or zero-emission vehicles from 2025 9 Sep 9:03am UK bus firms vow to buy only ultra-low or zero-emission vehicles from 2025
Operators ask government for national strategy to encourage more people to use buses Bus operators have pledged to buy only ultra-low or zero-emission vehicles from 2025 as they called on the government to outline a national strategy to encourage more people to use buses. The Confederation of Passenger Transport, which represents most bus operators in the UK including the big five firms – Arriva, FirstGroup, Go Ahead, National Express and Stagecoach – said it wanted lower fares for jobseekers and apprentices, smart ticketing and innovative, sustainable solutions for
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9 Sep 4:03am Hong Kong tourism falls 40% as protests continue
The number of visitors to the city tumbled last month as anti-government protests gripped the city.
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Taxing wealth at lower rate than income is wrong, says thinktank 9 Sep 1:01am Taxing wealth at lower rate than income is wrong, says thinktank
People who get income from assets or property pay less tax than those who rely on work The government could gain £90bn in extra revenue over 10 years if it taxed income from wealth in the same way it taxes income from work, according to a leading thinktank. The Institute for Public Policy Research said the reduced tax rate on gains from owning shares, property, fine art and wine was “unfair and outdated” and needs radical reform following years of worsening inequality.
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KPMG predicts no-deal Brexit recession in 2020 8 Sep 7:01pm KPMG predicts no-deal Brexit recession in 2020
Accountancy giant forecasts GDP to shrink by 1.5% with business confidence badly dented Britain will plunge into its first recession in a decade should the government quit the European Union without a deal, according to the latest in
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8 Sep 5:58pm Updated Amber Rudd quits cabinet blaming Brexit inaction
Up to 90% of government effort is on no-deal, with no evidence of any formal negotiations to get an EU deal, she says.
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Trump demands deeper Fed rate cut with slower jobs growth 6 Sep 11:28am Trump demands deeper Fed rate cut with slower jobs growth
Most politicians in government would keep their heads down on news that fewer jobs are being created in the economy.
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Sterling bounces back to five-week high as Brexit delay expected 5 Sep 1:20pm Sterling bounces back to five-week high as Brexit delay expected
The pound traded for $1.2353 and €1.1171, the highest levels since late July The pound hit its highest level in five weeks against the US dollar on Thursday as investors reacted to the diminishing likelihood of a no-deal Brexit following a string of government defeats. The pound reached $1.2353 on Thursday just before midday, its highest point since 29 July, in the wake of Wednesday’s vote in parliament to
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Has the age of austerity really come to an end? 5 Sep 12:39pm Has the age of austerity really come to an end?
Sajid Javid’s pledge to ‘bring about a decade of renewal’ comes under scrutiny Sajid Javid said on Wednesday that the government could afford to “turn the page on austerity” as he
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Ministers plot moves to back post-Brexit lending 5 Sep 6:35am Ministers plot moves to back post-Brexit lending
Ministers are to establish a new business finance council to support small and medium-sized businesses (SMEs) in the wake of complaints that the government has done too little to help them prepare for Brexit.
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4 Sep 1:50pm Updated Chancellor Sajid Javid declares end of austerity
The government has unveiled the biggest spending increase in 15 years.
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4 Sep 11:34am Is this really the end of austerity?
Is the end in sight for austerity, or is the government just electioneering?
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Brexit: Sajid Javid unveils spending review as government reels from defeat in vote – live news 4 Sep 8:55am Updated Brexit: Sajid Javid unveils spending review as government reels from defeat in vote – live news
Prime minister threatens to seek snap general election after crucial vote passed on Tuesday in Commons
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Javid rebuked while delivering spending review 4 Sep 8:08am Javid rebuked while delivering spending review
The chancellor has told MPs the government is "turning the page on austerity" while outlining his spending review in the Commons.
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EU expats could lose nearly £50k if state pension is frozen from 2023 4 Sep 6:06am EU expats could lose nearly £50k if state pension is frozen from 2023
The Government has guaranteed to uprate the state pensions of 500,000 EU expats only until 2023, but says it will try to negotiate a new arrangement so rises can continue after that.
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4 Sep 3:24am Chancellor set to unveil government spending plans
The statement will set departmental budgets for one year rather than the usual three years.
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Spending review is a short term effort to keep government going 4 Sep 2:06am Spending review is a short term effort to keep government going
At any other point in history a spending review of the kind Sajid Javid is due to unveil today would count as a major moment.
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Australian GDP figures: economy grows at slowest rate since 2009 – business live 4 Sep 12:34am Updated Australian GDP figures: economy grows at slowest rate since 2009 – business live
GDP numbers shows a weak economy and they will put pressure the federal government. Follow all the reaction and developments live
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4 Sep 12:30am How feasible are the government spending plans?
Is the government heralding the end of austerity, or just an unsustainable pre-election giveaway?
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Chancellor to pledge extra £2bn for key Brexit projects 3 Sep 6:56pm Chancellor to pledge extra £2bn for key Brexit projects
The chancellor is set to announce an additional £2bn of Brexit funding for Government departments when he sets out public spending and investment plans later.
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GKN Aerospace to shed 1,000 jobs worldwide 3 Sep 12:58pm GKN Aerospace to shed 1,000 jobs worldwide
Redditch-based company has 18,000 jobs worldwide, of which 3,500 are in UK GKN Aerospace is to shed 1,000 jobs worldwide, as part of a restructuring that it said pre-dated its controversial £8bn takeover by Melrose, which secured the government’s blessing for the deal after
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Huawei Says, Without Evidence, That U.S. Pressured Its Employees 3 Sep 11:15am Huawei Says, Without Evidence, That U.S. Pressured Its Employees
The Chinese technology giant said the American government had used harassment, entrapment and cyberattacks to disrupt its operations in recent months.
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HS2 to be delayed by up to five years as cost spirals to up to £88bn 3 Sep 11:09am HS2 to be delayed by up to five years as cost spirals to up to £88bn
Parliament told first phase from London to Birmingham could be pushed back to 2031 The first phase of HS2 between London Euston and Birmingham could be delayed by five years until 2031, the government has announced, with the cost of the high-speed rail network soaring to up to £88bn. The transport secretary, Grant Shapps, told parliament completion of the full northern section of HS2 to Manchester and Leeds would likely be pushed back by seven years until 2040.
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HS2 to be delayed by up to five years as cost spirals to £88bn 3 Sep 7:50am HS2 to be delayed by up to five years as cost spirals to £88bn
Transport secretary tells MPs London-Birmingham rail service may not be completed until 2031 Full HS2 services between London and Birmingham will be delayed by up to five years to 2031, the government has announced. The transport secretary, Grant Shapps, told parliament the final completion of the northern section of the troubled high-speed rail network would likely now be delayed by seven years until 2040. He also confirmed the budget had escalated from the official £56bn at 2015 prices to up to £88bn at today’s prices.
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No-deal Brexit commitment to uprate UK expat state pensions to 2023 3 Sep 5:28am Updated No-deal Brexit commitment to uprate UK expat state pensions to 2023
Britons who have retired to EU countries such as Spain and France have been handed a temporary state pension boost by the Government, but not the long-term reassurance they crave.
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Housebuilders should provide more information about complaints, says pension fund 2 Sep 4:51pm Housebuilders should provide more information about complaints, says pension fund
Northern LGPS, which manages the pension schemes of local government workers from Manchester, Merseyside and West Yorkshire, called on the industry to become 'more accountable'.
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IFS: government needs extra £5bn to fund spending promises 2 Sep 1:49pm IFS: government needs extra £5bn to fund spending promises
Thinktank says Wednesday’s spending review will amount to boost of £9bn, with £4.5bn already accounted for The Treasury will need to find an extra £5bn from next year to fund the government’s spending promises, according to the Institute for Fiscal Studies (IFS), which said the increase could undermine the Treasury’s commitment to reduce borrowing. Boris Johnson said on Monday that Wednesday’s Whitehall spending review, which will set out department funding for 2020/21, would be the “most ambitious spending round for more than a decade”.
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Chancellor urged to double funding to tackle climate crisis 2 Sep 6:55am Chancellor urged to double funding to tackle climate crisis
Charities write to Sajid Javid requesting increase of spending from £17bn to £42bn over next three years Britain’s biggest environmental groups have warned the government that funding to tackle the climate emergency must be more than double next year to avoid an even greater cost from catastrophic ecological breakdown in the future. Writing to the chancellor, Sajid Javid, as he prepares to announce on Wednesday his
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RUTH SUNDERLAND: Chancellor Sajid Javid loosens the purse strings 2 Sep 4:05am RUTH SUNDERLAND: Chancellor Sajid Javid loosens the purse strings
Spending reviews, which allocate funding for government departments including health, education and defence, sound dry as dust but they have a major impact on all our lives.
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Argentina imposes currency controls as debt crisis deepens 2 Sep 3:10am Argentina imposes currency controls as debt crisis deepens
Argentina's government has authorised its central bank to prop up the struggling peso by imposing currency controls on its companies.
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My husband deferred his state pension but is being refused a lump sum 2 Sep 2:53am My husband deferred his state pension but is being refused a lump sum
When he contacted the Government to stop the deferral and ask for the £24,500 pot, he was advised he can only take £8,000 and the balance will be split over future years at £18 per week.
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No-deal Brexit could bring Dover chaos, govt papers claim 1 Sep 5:00pm No-deal Brexit could bring Dover chaos, govt papers claim
Vehicles could face a two-day delay at Dover in the event of a no-deal Brexit, according to government documents seen by Sky News.
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Government branded immoral over pensions of UK citizens in EU 1 Sep 3:38pm Government branded immoral over pensions of UK citizens in EU
Failure to guarantee link to state pension increases for life condemned by campaigners The government will not give a lifetime guarantee to index-link the pensions of British nationals who have retired in the EU if there is a no-deal Brexit, a decision that has been described as “immoral” by campaigners. The government currently continually increases the payout of the basic state pension by either 2.5%, average wage growth or by the consumer price index, whichever is higher, on a reciprocal basis under EU regulations, a practice known as uprating.
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UK energy price fears as electricity imports climb to record high 1 Sep 1:57pm UK energy price fears as electricity imports climb to record high
Reliance on European power would bring extra costs after no-deal Brexit, say experts The UK’s reliance on electricity imports has climbed to a record high amid fears that homes and businesses could face higher energy bills if the UK crashes out of Europe. The latest government figures, released just weeks before Britain’s exit from the EU, show that the UK’s net electricity imports reached their highest ever level in the first quarter of this year.
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Britain’s carmakers need parts, not patriotism. Brexit looks grim for them 1 Sep 1:59am Britain’s carmakers need parts, not patriotism. Brexit looks grim for them
As the prospect of no deal looms, even the promises of aid offered by the May government seem a distant memory When the prime minister sweeps in and out of Downing Street in his chauffeur-driven Jaguar XJ Sentinel limousine, it is meant to deliver a powerful symbol: sleek elegance and bulletproof British power. Designed in Britain, made in Britain. Under the bonnet, though, it is an Indian-owned conglomerate, Tata, providing the financial firepower. And that is a story repeated across the “British” car industry: Bentley and Mini are owned by German giants; Vauxhall is owned by France’s PSA; Aston Martin is still controlled by Italian and Kuwaiti investors. It may be draped in the union jack, but Britain’s car industry (like much of its economy) is
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Saudi Arabia shakeup brings in new oil minister and royal court chief 30 Aug 10:16pm Saudi Arabia shakeup brings in new oil minister and royal court chief
As the Aramco listing is revived, crown prince appoints a businessman to lead the oil sector and gets a new gatekeeper Saudi Arabia has announced the creation of a new natural resources ministry, separating it from the energy ministry, while replacing the head of the royal court in a wide-ranging shakeup of the government. As
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Sajid Javid ‘poised to break government limit on borrowing’ 30 Aug 7:01pm Sajid Javid ‘poised to break government limit on borrowing’
Thinktank says chancellor’s spending review will breach manifesto promise
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Corporations pile pressure on Brazil over Amazon fires 30 Aug 1:45pm Corporations pile pressure on Brazil over Amazon fires
Asset managers, pension funds and companies halt deals and stop buying bonds Financial pressure is growing on Brazil over fires in the Amazon and the far-right president’s belligerent response to them. Asset managers, pension funds and companies have issued warnings, halted deals and stopped purchases of government bonds.
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Argentina in grip of spiralling economic crisis 30 Aug 10:04am Argentina in grip of spiralling economic crisis
The bond markets have meted out another beating to Argentinian government bonds in the latest signs of trouble for Latin America’s third-largest economy.
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Cooler, Farther and Less Crowded: The Rise of ‘Undertourism’ 29 Aug 6:41pm Cooler, Farther and Less Crowded: The Rise of ‘Undertourism’
Across the globe, travel providers and government agencies are responding to ‘overtourism’ with suggestions for less-crowded places and quieter seasons.
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Is Government set to give green light to £4billion takeover of Cobham by US predators?  29 Aug 5:10pm Is Government set to give green light to £4billion takeover of Cobham by US predators? 
Fears are growing that ministers are planning to wave through the controversial £4billion takeover of Cobham.
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Low-carbon technology fund is a tonic for Scottish gin maker 29 Aug 12:16pm Low-carbon technology fund is a tonic for Scottish gin maker
Orkney Distillery aims to be the first producer powered by hydrogen and renewable energy A craft distillery in Scotland could become the greenest gin and whisky producer in the world as part of the government’s plans to cut industrial climate emissions. The Orkney Distillery has secured a slice of the government’s £390m fund to help develop low-carbon technologies that could reduce carbon emissions from industry. It hopes to use the funds to become the first gin distillery in the world
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A fifth of households still having first generation smart meters fitted 29 Aug 6:01am Updated A fifth of households still having first generation smart meters fitted
The number of domestic smart meters installed between April and June this year fell by 2.2 per cent on the previous three months, as suppliers continued to struggle with a Government deadline.
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Ineos looks to US for fracking sites as UK options wane 28 Aug 12:27pm Ineos looks to US for fracking sites as UK options wane
Sir Jim Ratcliffe slates government restrictions as ‘archaic and unworkable’ Sir Jim Ratcliffe, one of Britain’s richest men, has set his sights on the US shale industry as his fracking ambitions in the UK wane. The owner of petrochemicals giant Ineos is on the hunt for shale gas investments within US fracking heartlands of the Permian Basin, according to sources.
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Sterling slides as UK government seeks parliamentary suspension - business live 28 Aug 9:58am Updated Sterling slides as UK government seeks parliamentary suspension - business live
Rolling coverage of the latest economic and financial news, as fears of a no-deal Brexit hit the pound
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China’s Currency Is Weakening as the Trade War Drags On 28 Aug 9:51am Updated China’s Currency Is Weakening as the Trade War Drags On
There’s evidence that the government has been trying to prop up the renminbi, not weaken it drastically.
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Chinese Currency’s Drop Isn’t Entirely in Beijing’s Control 28 Aug 8:19am Updated Chinese Currency’s Drop Isn’t Entirely in Beijing’s Control
There’s evidence that the government has been trying to prop up the renminbi, not weaken it drastically.
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Opioids addiction rising in India as US drugmakers push painkillers 28 Aug 3:00am Opioids addiction rising in India as US drugmakers push painkillers
As the Indian government loosens its prescription opioid laws after decades of lobbying by palliative care advocates, the cash-fed healthcare system is ripe for misuse In the crowded waiting room of Dr Sunil Sagar’s clinic, in the working-class neighborhood of Bhagwanpur Khera, a toddler breathes from a nebulizer. The patients sit, motionless, but there is somehow tremendous noise. The clinic is a squat cement building draped in wires, a red cross on the door. Sagar sits behind a desk in a small, open room, as a squad of assistants escort patients to him.
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Boris Johnson gives struggling high street fund pre-election boost 26 Aug 1:16pm Boris Johnson gives struggling high street fund pre-election boost
Pot to help UK towns revitalise their centres increased to £1bn after criticism from MPs The government has increased the pot of cash available to struggling high streets to £1bn, a move that promises to pump extra money into 100 towns including Blackpool, Scarborough and Clacton. Last year the then chancellor, Philip Hammond,
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Struggling high streets fund increased to £1bn 26 Aug 9:00am Struggling high streets fund increased to £1bn
Announcement of extra £325m follows criticism pot is not enough to meet scale of crisis The government has increased the fund available to struggling high streets to £1bn, in a move that will pump cash into 100 English towns, including Blackpool, Scarborough and Clacton. Last year the former chancellor Philip Hammond
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Shell in talks with Australian government after receiving £415m tax bill 26 Aug 5:32am Updated Shell in talks with Australian government after receiving £415m tax bill
The Australian Taxation Office claims the Anglo-Dutch oil major avoided paying tax on its 27 per cent stake in the £16.5 billion Browse gas project in seas off the coast of Western Australia.
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Qantas shareholders push again for airline to refuse involvement in deportations 26 Aug 2:57am Qantas shareholders push again for airline to refuse involvement in deportations
Human rights group says the airline isn’t obliged to carry out forced transfers on behalf of Australian government Qantas is under renewed pressure over the forced deportation of asylum seekers, with an American investment firm joining a proposed shareholder resolution calling on the airline to review its policy and processes.
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UK airports ordered to use 3D baggage scanners by 2022 25 Aug 11:39am UK airports ordered to use 3D baggage scanners by 2022
Government enforces use of technology to cut ‘hassle’ for passengers at security check Long queues at airport security as passengers put liquid containers in plastic bags and remove laptops from carry-ons could soon be over after the government ordered airports to introduce new 3D scanners by 2022. Announcing the plans, Boris Johnson said the scanners would cut down on “hassle” for travellers.
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Yorkshire mine Sirius sinks into a cash crisis as MPs plead with government to save it  25 Aug 4:14am Yorkshire mine Sirius sinks into a cash crisis as MPs plead with government to save it 
Sources said Prime Minister Boris Johnson and Chancellor Sajid Javid were monitoring the situation at the FTSE 250 company, whose ambitious project near Whitby has been thrown into doubt.
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Think you paid the congestion charge? That could be a £160 fine anyway 25 Aug 4:00am Think you paid the congestion charge? That could be a £160 fine anyway
Despite solid evidence that drivers have paid the £11.50 fee online in advance, they are still receiving penalty charge noticesStudent Liberty Sprackling paid the London Congestion Charge online before driving into the capital. The £11.50 fee, levied during peak hours on weekdays, was debited from her account. Eight days later, it was mysteriously refunded. Sprackling contacted Transport for London (TfL), the government body responsible for the charge, and was told she would have to wait until she had received a penalty charge notice (PCN) for non-payment and then contest it.
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24 Aug 8:29pm Airport security: 3D baggage scanners could end liquid restrictions
Airports must introduce 3D baggage screening before the end of 2022, the government announces.
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Deutsche Bank is fined £13m by US regulators over nepotistic behaviour 24 Aug 9:45am Updated Deutsche Bank is fined £13m by US regulators over nepotistic behaviour
Germany's biggest lender has been fined £13million by US regulators over claims it gave jobs to the relatives of rich government officials to win business overseas.
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Inside India’s Messy Electric Vehicle Revolution 22 Aug 10:38pm Updated Inside India’s Messy Electric Vehicle Revolution
A million electric rickshaws sprang up out of nowhere and are now being used by 60 million people a day. The government and vehicle makers are struggling to catch up.
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RUTH SUNDERLAND: UK banks feeling the heat in Hong Kong 22 Aug 4:51pm RUTH SUNDERLAND: UK banks feeling the heat in Hong Kong
Western businesses are in a highly compromised position over the anti-government protests in Hong Kong. HSBC has a long history in Hong Kong, which accounts for a large chunk of its profits.
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Why Markets Are Not Panicking About Italy (Yet) 22 Aug 1:14pm Updated Why Markets Are Not Panicking About Italy (Yet)
Uncertainty is a familiar part of Italian politics, and investors are already looking at what a new government could bring.
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Technology committee wants new petrol and diesel car banned by 2035 22 Aug 9:14am Updated Technology committee wants new petrol and diesel car banned by 2035
The Science and Technology Committee said personal vehicle ownership was 'not compatible' with meeting clean-air targets and the government should aim to reduce vehicle use.
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Job Growth Was Weaker Than Believed, Government Says 21 Aug 4:33pm Updated Job Growth Was Weaker Than Believed, Government Says
The Labor Department revised sharply downward its estimate of recent job growth, the latest sign of a cooling economy.
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HS2 could be scrapped as critic gets role in independent review 21 Aug 1:37pm Updated HS2 could be scrapped as critic gets role in independent review
Government needs clear evidence before going ahead, says transport secretary The future of the HS2 high speed rail scheme has been thrown into doubt after the government launched a “go or no go” review into the proposed £55.7bn network, with a leading critic of the scheme as its joint author. The transport secretary, Grant Shapps, said on Wednesday the government needed “clear evidence” before deciding whether to go ahead.
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21 Aug 11:14am Government to review tax plan for fuel imports
The plan to remove tariffs on fuel imports after Brexit could make some UK refineries 'uneconomical'.
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UK government borrowing misses targets; historic German bond sale - business live 21 Aug 9:59am Updated UK government borrowing misses targets; historic German bond sale - business live
UK borrowing is rising faster than expected this year, as government spending outpaces income
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Greenlanders on Trump: ‘We are neither for sale nor can be bought’ 21 Aug 9:25am Greenlanders on Trump: ‘We are neither for sale nor can be bought’
Guardian readers from Greenland share their reactions to Donald Trump’s idea to buy the country While it looks on the surface like Trump is just drawing attention away from the rest of his ridiculous presidency with his comments about purchasing Greenland, I think that the US government does sincerely want access to our resources. The former is just asinine, but the latter is quite scary, neither of them are appreciated or welcome. If in my lifetime I see a Trump Tower in Nuuk, I should hope that global warming causes the ice underneath it to melt and send it to Atlantis, where it belongs along with the rest of Trump’s fantastical delusions.
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UK public finances off track after July surplus disappoints - business live 21 Aug 7:50am Updated UK public finances off track after July surplus disappoints - business live
UK borrowing is rising faster than expected this year, as government spending outpaces income
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HS2 in doubt: review into whether rail project should proceed 21 Aug 7:15am Updated HS2 in doubt: review into whether rail project should proceed
Major critic of scheme is involved in report, which will be produced by the autumn The future of the proposed High Speed 2 rail project has been thrown into further doubt after a major critic of the scheme was appointed deputy chair of a review launched by the government on Wednesday. The transport secretary, Grant Shapps, said the government needed “clear evidence” before deciding whether to go ahead.
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Government forced to auto-enrol nearly 90,000 businesses in customs ID scheme ahead of Brexit 21 Aug 7:14am Government forced to auto-enrol nearly 90,000 businesses in customs ID scheme ahead of Brexit
New Chancellor Sajid Javid has warned that there is 'no time to delay' as the Government ramps up its preparations for a no-deal Brexit.
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21 Aug 6:52am Government finances weaker than expected in July
The £1.2bn surplus was lower than expected and adds to the government's growing budget deficit.
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PM must help resolve harrowing tax tales, says Iain Duncan Smith 21 Aug 6:02am PM must help resolve harrowing tax tales, says Iain Duncan Smith
Former Work and Pensions Secretary Iain Duncan Smith today calls on Boris Johnson's new government to immediately suspend the tax hunt and launch a review.
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Worse than expected public finances deliver headache for new chancellor 21 Aug 5:54am Worse than expected public finances deliver headache for new chancellor
Britain posted a much smaller than expected budget surplus last month delivering a headache for new chancellor Sajid Javid as the government promises to boost spending ahead of Brexit.
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HS2 rail link could be terminated as review announced 21 Aug 4:10am HS2 rail link could be terminated as review announced
An "independent and rigorous" review into the future of the HS2 rail link has been announced by the government.
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MPs call for huge council tax hikes for southern England to reflect property values 21 Aug 3:13am Updated MPs call for huge council tax hikes for southern England to reflect property values
MPs on the housing, communities and local government committee - chaired by Labour MP Clive Betts (pictured) - said a shakeup of tax bands is needed to raise billions for local councils.
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Investors pour £5.5bn into UK tech firms 21 Aug 2:58am Investors pour £5.5bn into UK tech firms
Investors ploughed $6.7bn (£5.5bn) into the UK tech sector in the first seven months of the year, more than the whole of 2018, according to figures from the government's digital economy council.
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UK tech firms secure record amount of foreign investment 20 Aug 7:14pm UK tech firms secure record amount of foreign investment
Total of £5.5bn pumped in since January, £3.1bn of it from the US and Asia, says government data Fast-growing UK tech companies secured a record £5.5bn in foreign investment in the first seven months of this year, according to research for the government’s digital economy council. The study for the Department of Digital, Culture, Media and Sport (DCMS) body revealed that the UK has overtaken the US for the amount of investment per capita.
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20 Aug 7:11pm Government automatically enrols firms in case of no-deal Brexit
Business groups urged the government to act after many firms failed to get a customs number.
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Customs passes to be allocated as part of no-deal Brexit planning 20 Aug 1:41pm Customs passes to be allocated as part of no-deal Brexit planning
Without pass, exporter’s goods could be held up at UK ports and airports after 31 October The government will allocate customs passes to thousands of businesses over the next two weeks to prevent goods being held up at the UK border
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20 Aug 3:35am Would you accept a loss to keep your money safe?
Some pension fund investors are paying to hold government bonds due to fears over the global economy.
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19 Aug 7:18pm Why investors are making a loss to keep their money safe
Some pension fund investors are paying to hold government bonds due to fears over the global economy.
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Billionaire Sir Jim Ratcliffe close to deal to build new 4x4 in UK 18 Aug 6:50am Billionaire Sir Jim Ratcliffe close to deal to build new 4x4 in UK
The Welsh Government says talks with Ineos about building the car in Wales are 'very advanced', raising hopes that hundreds of jobs could be created.
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Tech giants despise politics? Hardly – they are in the thick of it and being called out | John Naughton 18 Aug 2:00am Tech giants despise politics? Hardly – they are in the thick of it and being called out | John Naughton
Silicon Valley’s countercultural aura is gone now that Google develops AI for China and Palantir helps monitor immigrationIf there was one thing that united the founders of today’s tech giants in their early days it was contempt for politics, manifested as suspicion of government and a pathological aversion to regulation (not to mention paying taxes). In part, this was a product of their
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UK faces food, fuel and drugs shortages in no-deal Brexit - report 17 Aug 10:35pm UK faces food, fuel and drugs shortages in no-deal Brexit - report
A no-deal Brexit could lead to shortages of food, fuel and medicine, as well as a hard border on the island of Ireland, according to leaked official government documents published in the Sunday Times.
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What is a yield curve inversion? Will there be a recession? 17 Aug 11:33am Updated What is a yield curve inversion? Will there be a recession?
This week, traders were spooked by a US 'yield curve inversion' which signals unusual behaviour in the government bond markets, and is often a harbinger of recession.
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Student Loan Watchdog Job Given to an Industry Executive 16 Aug 8:38pm Updated Student Loan Watchdog Job Given to an Industry Executive
The Consumer Financial Protection Bureau’s new student loan ombudsman is a former compliance official at a loan servicer that government auditors have criticized.
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16 Aug 12:17pm Updated Ferguson shipyard nationalised by Scottish government
Ownership of the Port Glasgow yard has transferred to the Scottish government in a bid to secure its future.
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India Shut Down Kashmir’s Internet Access. Now, ‘We Cannot Do Anything.’ 16 Aug 10:38am Updated India Shut Down Kashmir’s Internet Access. Now, ‘We Cannot Do Anything.’
Pharmacists can’t restock medicines; workers aren’t being paid. But the government still loves to block the internet for “peace and tranquillity.”
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Norway halts Amazon fund donation in dispute with Brazil 16 Aug 7:08am Norway halts Amazon fund donation in dispute with Brazil
International concerns grow over deforestation surge since Jair Bolsonaro took power Norway has followed Germany in suspending donations to the Brazilian government’s Amazon Fund after a
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ALEX BRUMMER: Beware bond funds may not be as secure as some may think 15 Aug 12:14pm Updated ALEX BRUMMER: Beware bond funds may not be as secure as some may think
The flight from shares into fixed interest, such as government bonds, gathered momentum in the first six months of 2019 as savers became more risk averse.
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US applies to seize Iranian tanker held in Gibraltar 15 Aug 10:51am US applies to seize Iranian tanker held in Gibraltar
Washington move seeks to intensify effect of existing economic sanctions on Syria and Iran Gibraltar has said it will allow a detained Iranian oil tanker to be released after Tehran gave the territory’s government an assurance that it would not allow its cargo to be discharged in Syria, according to local reports. But the decision could yet be challenged by the US, which earlier applied to seize the Grace 1, which was detained on suspicion of breaching international sanctions on oil shipments to the regime of Bashar al-Asssad.
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Stock Markets, Jolted by Economic Worry, Suffer 2nd Worst Drop of 2019 14 Aug 11:08pm Updated Stock Markets, Jolted by Economic Worry, Suffer 2nd Worst Drop of 2019
Yields on United States government bonds fell, indicating lower expectations for growth and extending a drop that began as the trade war intensified.
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14 Aug 4:42pm Updated Stocks Plunge as Bonds Signal Rising Concern About Growth
Yields on United States government bonds fell, indicating lower expectations for growth and extending a drop that began as the trade war intensified.
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