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Stagnation and decline if government doesn’t boost investment, warn leading economists
Rachel Reeves has been warned that she needs to “substantially increase” government investment to avoid “a vicious circle of stagnation and decline”.
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EU court orders Apple to pay back billions
The EU’s highest court has ordered Apple to pay back €13 billion to Ireland in one of the world’s biggest ever corporate tax rulings. It’s an expensive knock in the teeth for the technology giant, at a time when competitors are nipping at its heels. And it raises questions once again about Ireland’s low-tax business economy.
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Private landlords leaving the rental market, new research shows
Private landlords look to be leaving the rental market at a record pace, but will this prove to be a problem or an opportunity for private tenants?
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Government promises backing for over 100 renewable energy projects
Over 100 wind farms, solar and tidal wave projects are set to go ahead under a government scheme that provides backing to renewable energy projects.
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7m
Dyson abandons libel case against Channel 4 News over Malaysia worker investigation
Dyson, the home appliances giant, has abandoned its lawsuit against this programme after a two and a half year court battle.
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Dyson abandons libel claim against Channel 4 News report
Channel 4 and ITN today confirm that Dyson has abandoned its libel case against Channel 4 News, after over two years of court proceedings.
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UK households facing slow growth in living standards, new report suggests
UK households are facing another parliament of very slow growth in their living standards, according to new analysis today by the Resolution Foundation
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3m
Will the prime minister raise taxes?
Just how painful will the October Budget be?
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3m
Will Reeves raise taxes after government borrowing surges?
New figures show government borrowing unexpectedly surged in July – adding to the intense pressure on Rachel Reeves as she prepares her first budget.
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8m
Bank of England cuts interest rate to 5%
Good news for homeowners with mortgages as interest rates have been cut for the first time in more than four years.
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Amazon staff balloted on union recognition after post-pandemic ‘workload increase’
Staff at Amazon’s Coventry warehouse are taking part in an historic ballot which could see the company recognise a UK trade union for the first time ever.
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2m
US sues Apple for ‘illegal monopoly’ of smartphone market
Think about smartphones and you’ll probably think iPhone – the ubiquitous handset that has come to dominate the market since it was launched in 2007. But the makers of Apple now face a lawsuit from the US Department of Justice, who accuse the firm of engineering an illegal monopoly – blocking third party developers and…
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4m
Crisps, crackers and cake prices steady inflation
Inflation has held steady at four percent – surprising many economists, who expected rising energy bills to push it up last month.
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4m
‘Always the cover up that makes things much worse’ says former Conservative MP who campaigned on Horizon scandal
Former Conservative MP Lord Arbuthnot – who’s campaigned on the Horizon scandal for years – joins us from Westminster.
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7m
Paula Vennells was ‘lying’ about Post Office scandal, claims forensic accountant
It might have taken a drama to galvanise the response to a crisis – but the public inquiry into the Post Office Horizon scandal is gradually bringing more details to light, as hundreds of victims seek justice for their ruined lives. The inquiry will be hoping to uncover more details when it examines a series…