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9m Uber drivers in UK cities go on strike in protest over pay and workers' rights
The Independent
Demonstrations part of global day of action against taxi firm ahead of $90bn stock market floatation
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7m Japan urges UK to avoid no-deal Brexit
BBC
The country's foreign minister says he is concerned about the UK leaving the EU without a deal.
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FTSE LIVE: Pendragon boss makes abrupt exit; Car production plunges42m Updated FTSE LIVE: Pendragon boss makes abrupt exit; Car production plunges
Daily Mail
Mark Herbert, boss of the nation's biggest seller of cars Pendragon, will leave by the end of the week having only joined the company on 4th March.
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1h 25m Updated Boeing suffers new 737 Max issue that could delay return
BBC
Regulators uncover a new issue with the troubled aircraft that could delay its return to service.
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1h 32m Japan says next British PM must not lead UK out of EU without deal
The Guardian
Firms operating in UK likely to relocate in event of no-deal Brexit, says foreign minister
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3h UK accused of ignoring obligations on aviation emissions
The Guardian
NGOs say others also in breach of 1998 convention by failing to disclose details on policies The UK and other EU governments are in breach of international obligations by failing to be open about their policies to tackle emissions from aviation, a coalition of NGOs has said. The group is lodging a formal complaint over the secrecy surrounding regulation of emissions from international flights, which they say allows the aviation industry to be a “climate laggard”. Last year, aviation emitted 895m tonnes of carbon dioxide – 2.4% of global energy-related CO
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4h Virgin Money stopped my card after data demand
The Guardian
I refused to answer a questionnaire and then my cards were blocked
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4h Starbucks pays £18.3m tax but £348m in royalty payments
The Guardian
Company has faced years of criticism for the amount of tax it pays in UK Starbucks’ UK-based European business paid just £18.3m in tax last year, while paying £348m in royalty dividend payments for the use of the brand to the coffee giant’s parent company in Seattle. The company,
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9h United extends ban on Boeing 737 Max after regulator finds new problem
The Guardian
American and Southwest airlines have also cancelled flights until September as planemaker scrambles to find a fix United Airlines has become the latest carrier to extend its ban on using the Boeing 737 Max after the US aviation regulator said it had identified a new potential risk with the plane. As the Federal Aviation Administration said on Wednesday that Boeing must address the new issue before the jet can return to service, United joined American and Southwest in continuing to ground the plane through August.
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9h Updated More than half of drivers in Britain exceed 30mph limits, says DfT
Daily Mail
The motorway speed limit should be raised, campaigners said last night - after a report found easing restrictions for lorries may have made the roads safer.
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11h How to get the best price when buying a car
BBC
As car sales plunge, desperate dealers are said to be offering huge discounts, so how can drivers benefit?
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ALEX BRUMMER: Boards should be double-checking to make sure interlocking relationships are unwound13h ALEX BRUMMER: Boards should be double-checking to make sure interlocking relationships are unwound
Daily Mail
One of the most troubling aspects is the lack of Chinese walls in his shrinking empire.
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MARKET REPORT: Asset manager Jupiter Fund Management on front foot13h MARKET REPORT: Asset manager Jupiter Fund Management on front foot
Daily Mail
Peel Hunt upgraded its recommendation to 'buy' from 'hold' and raised its target price to 480p from 375p after the FTSE 250 funds firm pinched a contract from crisis-hit Neil Woodford.
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British technology tycoon Mike Lynch hits back at £4bn fraud allegations13h British technology tycoon Mike Lynch hits back at £4bn fraud allegations
Daily Mail
Giving evidence for the first time in a High Court trial, he denied misleading markets and inflating his firm's value before it was sold to Hewlett Packard for £8 billion.
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Neil Woodford backs £1.9bn takeover of We Buy Any Car owner BCA Marketplace13h Neil Woodford backs £1.9bn takeover of We Buy Any Car owner BCA Marketplace
Daily Mail
The troubled fund manager, who owns just over 7 per cent of the firm, threw his weight behind the bid from private equity group TDR. The 243p a share offer will see his stake valued at £136m.
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Mark Carney warns that risky funds are...Built on a lie13h Mark Carney warns that risky funds are...Built on a lie
Daily Mail
The Governor of the Bank of England says firms which invest in risky assets that are hard to sell in a hurry pose a growing risk to the financial system
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14h Updated Wayfair staff to walk out over sales to detention centres
BBC
Hundreds of staff in Boston are protesting over Wayfair helping to furnish US border detention camps.
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15h Stagecoach happy to miss the train, but its bad news for the punters | Nils Pratley
The Guardian
Rail franchise bidding has become a contest to find which unsuitable bidder will limp over the line Now it’s formal. Stagecoach will be off the rails in November. The company won’t bid for new UK rail franchises because it thinks the Department for Transport is unfairly trying to load “unquantifiable and unmanageable” pension risks on to operators. The group’s wholly owned operation on the east Midlands line ends in August and its joint venture with Virgin on the west coast mainline
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16h Give MPs six months’ parental leave without delay | Letter
The Guardian
We believe the current process discriminates against women and acts as a deterrent to gender equality within Westminster, writes
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FTSE LIVE: Bitcoin heading for the moon again; Gold holding ground at $140017h Updated FTSE LIVE: Bitcoin heading for the moon again; Gold holding ground at $1400
Daily Mail
The FTSE 100 closed down 6.04 points at 7416.39 and the pound was at $1.27 against the dollar.
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17h Updated Eurostar backtracks on train booze ban
BBC
Customers can take unopened alcohol to their destination, the train service has clarified.
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17h Caledonian Sleeper suffers setbacks with Highlands train delay
The Guardian
Luxury trains will not appear until after summer season, says operator Serco The troubled Caledonian Sleeper has suffered a fresh setback, with new trains on its Highlands service now unlikely to appear until after the summer holiday season. The flagship overnight train,
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18h Uncovered: the £200m theme park, the businessman – and the missing millions
The Guardian
A Guardian/ITV News undercover investigation raises concerns about Gavin Woodhouse, who is behind project endorsed by Bear Grylls
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18h Bathstore calls in administrators putting 500 jobs at risk
BBC
The bathroom specialist will stay open while the administrator tries to find a buyer for the 135-strong chain.
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18h Updated Bank of England could cut interest rates in event of no-deal Brexit
The Guardian
Governor Mark Carney says no deal would probably require stimulus for the economy
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20h Sharp fall in foreign investment in UK
BBC
The UK is facing increasing competition from countries such as Ireland, France and Germany.
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Bathstore collapses into administration with hundreds of jobs across 135 shops at risk21h Bathstore collapses into administration with hundreds of jobs across 135 shops at risk
Daily Mail
The privately owned chain, which has 135 UK shops and employs about 530 staff, asked accountancy firm BDO to handle the administration process, according to Sky News.
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21h Bathstore goes into administration, putting 500 jobs at risk
The Guardian
UK’s biggest bathroom specialist hopes to ‘fulfil majority of outstanding orders’ Bathstore, the UK’s biggest bathroom specialist, has collapsed into administration after failing to find a buyer, putting more than 500 jobs at risk. The loss-making company has appointed administrators at the business services firm BDO, which said the retailer would continue to trade for now in the hope it could be sold as a going concern. So far, administrators have not received any offers.
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21h Flat-pack home? Ikea moves in on UK housing
BBC
The Swedish company's joint venture BoKlok is working with Worthing council to build affordable homes.
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Mark Carney says Brexit business uncertainty is now HIGHER than ever22h Mark Carney says Brexit business uncertainty is now HIGHER than ever
Daily Mail
Mark Carney, the Governor of the Bank of England, told MPs today that the 'degree of uncertainty' over Brexit was now higher than it was in the run up to the original divorce date.
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22h Bank of England: no-deal Brexit could force interest rate cut - business live
The Guardian
Rolling coverage of the latest economic and financial news, as the Treasury committee quizzes BoE policymakers
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£2bn rail upgrade proposal put forward for Midlands22h £2bn rail upgrade proposal put forward for Midlands
BBC
Midlands Connect say it would mean direct services between some cities for the first time since 2004.
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23h Evening Standard reports £11.5m loss amid ad struggles
The Guardian
Free London newspaper edited by George Osborne has not been in the black since 2016 The Evening Standard made a loss of almost £12m last year as the freesheet continues to struggle in a tough advertising market. The title, which is controlled by Evgeny Lebedev and edited by the former chancellor George Osborne, made a pre-tax loss of £11.5m in the year to the end of September 2018. It takes losses at the Standard, which
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24h Hundreds of thousands of tenants in unsafe homes, survey finds
The Guardian
Citizens Advice research finds half of landlords don’t know or understand legal obligations Weak regulation of private renting has left hundreds of thousands of tenants living in mouldy or dangerous homes, Citizens Advice has warned. A survey of English
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24h Bonmarché rethinks rescue bid after weak trading
The Guardian
Shareholders advised to accept offer from Spectre, investment vehicle of Philip Day The struggling clothing chain Bonmarché said that trading in recent months was so poor it was recommending a £5.7m rescue bid from the billionaire Philip Day, less than three months after rejecting it. The firm, which sells fashion for women over 50 and has 312 shops, said weak sales in the first quarter meant there was a greater risk that pre-tax losses this year would be more than the £5m-£6m previously forecast, making the offer from Spectre – Day’s Dubai-based investment vehicle – more appealing.
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24h Updated Oil rallies and bitcoin smashes through $12,000 in nervous markets – business live
The Guardian
Rolling coverage of the latest economic and financial news
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MARKET REPORT: City analysts boost clothing chain Marks & Spencer but cool on Asos prospects25h Updated MARKET REPORT: City analysts boost clothing chain Marks & Spencer but cool on Asos prospects
Daily Mail
Asos saw its shares drop 6.2 per cent, or 177p to 2666p, after UBS cut its rating for the AIM-listed firm to 'neutral' from 'buy' and reduced its target price down to 3330p from 3500p.
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Where to invest after Woodford: Experts top fund picks25h Updated Where to invest after Woodford: Experts top fund picks
Daily Mail
With the average return on an easy-access account at just 0.5 per cent, experts warn that savers cannot afford to abandon stocks and shares. We ask them where they would recommend investing.
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25h No Scorpios, no meat-eaters: the rise of extreme flatshare ads
The Guardian
It’s a landlords’ market these days, which means Generation Rent has to abide by some frankly bizarre stipulations The two-bedroom flat in Turnpike Lane, north London, seemed run-of-the-mill. Laura Evelyn, an actor looking for a new place to stay, didn’t like the decor particularly – the fake leather sofa and glass dining table weren’t to her taste – but her would-be landlord was friendly enough. But as she was leaving the viewing, the owner handed her a sheet of paper. When Evelyn read it, she was flabbergasted. It contained
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City watchdog claims Neil Woodford stretched financial rules to breaking point25h Updated City watchdog claims Neil Woodford stretched financial rules to breaking point
Daily Mail
The stock picker was accused of using loopholes to avoid breaching the limit on how many 'illiquid' - or difficult to trade - stocks could be part of his portfolio.
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Banks so keen to attract new current account customers that many now offer free cash for signing up25h Updated Banks so keen to attract new current account customers that many now offer free cash for signing up
Daily Mail
They know that few people can be bothered to switch accounts, and many customers often falsely believe that staying loyal to one bank means they will get a better deal.
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Homebuyers being told they can only get mortgage if they buy life insurance or income protection25h Homebuyers being told they can only get mortgage if they buy life insurance or income protection
Daily Mail
Our research reveals more than three in ten borrowers have been told life insurance is a legal requirement, while a further third say they were advised that they couldn't get a loan without it.
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26h Brexit is political poison, and it’s green policies that are suffering | Molly Scott Cato
The Guardian
The spat over VAT on solar batteries shows how Brussels-bashing is taking precedence over urgent social priorities
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Barclays Family Springboard mortgage will lend £500k to first-time buyers26h Updated Barclays Family Springboard mortgage will lend £500k to first-time buyers
Daily Mail
The deals let family or friends of homebuyers pay the equivalent of 10 per cent of value of the home into a related savings account in lieu of a deposit.
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28h Not-so-smart Ovo disconnected my electricity by mistake
The Guardian
I was switched to pay-as-you-go by an agent when he was changing my gas meter
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29h Rapid robot rollout risks UK workers being left behind, reports say
The Guardian
Study shows 20m jobs will be lost worldwide by 2030 with every robot costing 1.6 manufacturing jobs British workers are being shut out of decisions over the rising use of robots in the UK economy, according to a report. According to the
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29h Rising risk of no-deal Brexit slows UK growth as pound slides
The Guardian
Latest Guardian analysis finds business alarmed by prospect of Boris Johnson or Jeremy Hunt leaving EU without deal
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29h How has Brexit vote affected the UK economy? June verdict
The Guardian
Each month we look at key indicators to see what effect the Brexit process has had on growth, prosperity and trade
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25 Jun 10:58pm China suspends some Canadian pork imports as tensions rise
BBC
China halted imports of some Canadian pork products as tensions between the countries rise.
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25 Jun 8:04pm Embattled chairman of First Group steps down minutes after surviving coup bid by shareholders
Daily Mail
Wolfhart Hauser said he would leave after defeating Wall Street raider Coast Capital's bid to oust more than half the board.
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Have we all underrated the humble pencil? 25 Jun 7:06pm Have we all underrated the humble pencil?
BBC
Is it really the miracle product of the free market, as many economists have claimed?
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25 Jun 7:01pm Ikea gets green light to build affordable homes in UK
The Guardian
Worthing council gives go ahead for 162 flats by retailer’s joint venture with construction firm Skanska Homebuyers in a town where properties typically cost almost 12 times local salaries may soon have a low-cost option from Ikea after a UK council agreed to work with an affordable housing developer co-owned by the retailer. Worthing council has signed up with BoKlok, a company jointly owned by the Swedish retailer and construction firm Skanska which specialises in factory-built housing that can be constructed at a low cost.
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25 Jun 7:01pm New chapter? UK print book sales fall while audiobooks surge 43%
The Guardian
Publishers hit by surprise 5.4% fall in 2018 – but warn against proclaiming terminal decline UK book sales fell for the first time in five years in 2018, despite the success of bestsellers such as Michelle Obama’s autobiography,
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When poverty means living without soap 25 Jun 7:00pm When poverty means living without soap
BBC
A father-of-five speaks of living in destitution - a reality for many behind closed doors. a charity says.
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