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19.04.26 - 15:24
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UK seeks EU deals on steel and EVs in push for closer economic ties (The Guardian)
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Agreements would aim to shield British industry from new steel tariffs and stricter rules on electric vehicles due in 2027Downing Street hopes to secure deals on steel and electric cars with the EU as it seeks to upgrade the post-Brexit economic relationship.Amid economic uncertainty caused by the conflict in the Middle East and strains in relations with the US, Keir Starmer is seeking closer economic ties with the EU. Continue reading......
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19.04.26 - 14:30
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Reform UK′s Richard Tice allegedly failed to pay £100,000 in corporation tax (The Guardian)
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Deputy leader ran shell companies that reportedly did not pay tax on profits from 2020 to 2022, during which time his firm donated £1.1m to partyRichard Tice allegedly failed to pay almost £100,000 in corporation tax to the benefit of his investment company, which in turn made donations to Reform UK, it has been reported.In response to the report in the Sunday Times, the deputy leader of Reform UK posted a lengthy statement on X, in which he said: “A long career with multiple businesses is bound to feature some errors. Naturally I am always happy to put things right and if numbers need rechecking, of course I will pay what is owed – be that more or less.” Continue reading......
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19.04.26 - 14:12
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How the AI Boom is Fueling the US Copper Race (Bloomberg)
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As demand for electricity surges in the age of artificial intelligence, copper has become a critical input for everything from data centers to power grids. But US production has stagnated for decades, leaving the country increasingly reliant on imports even as global demand accelerates. In Arizona, projects like Rio Tinto's Resolution mine highlight both the scale of untapped domestic resources and the challenges of bringing new supply online, from regulatory delays to rising costs. With China dominating processing and global competition intensifying, industry leaders and analysts warn that rebuilding US copper capacity is not just an economic priority, but a strategic one. (Source: Bloomberg)...
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19.04.26 - 14:12
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Bank bosses called to meeting with Reeves over impact of Iran war on UK economy (The Guardian)
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HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict The bosses of Britain's “big five” retail banks have been summoned to a meeting with the chancellor, Rachel Reeves, this week to discuss how to limit the economic impact of the crisis in the Middle East triggered by the US and Israel's attacks on Iran.The chief executives of HSBC, Barclays, Lloyds, NatWest and Santander have been asked to attend an emergency summit that comes amid increasing acceptance that a major economic hit from the Iran war is unavoidable. Continue reading......
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19.04.26 - 13:30
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Apartments sold and rented (Globes)
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A selection of recent real estate deals in Israel including in Bat Yam, Rehovot, Harish, Kiryat Motzkin, Beersheva and Eilat....
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19.04.26 - 13:06
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Labour′s ′crab-wise′ approach to closer EU ties must address damage of Brexit | Heather Stewart (The Guardian)
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The damage to the economy dwarfs the upsides from the various non-EU trade deals the UK has struck since 2016Rachel Reeves joined EU finance ministers for dinner in Washington last week, on the sidelines of the International Monetary Fund spring meetings: the first time a chancellor had done so since Brexit.It was the latest symbolic step in Labour's marked shift towards prioritising closer EU relations. Continue reading......
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19.04.26 - 12:12
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Making a splash: demand for raw and ′brewed′ milk growing in UK (The Guardian)
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Farmers and delivery firms launch new options for those seeking alternative to traditionally pasteurised productRaw milk has long been popular, as well as controversial, in the US. While health authorities warn it can carry harmful bacteria, supporters argue it is more natural, and it has also become tied to anti-government and “natural living” movements.In the UK, it is now gaining popularity, particularly among younger consumers, farmers say, as a less processed option, with new products launching to meet demand. Continue reading......
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19.04.26 - 12:12
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Vodafone incentivised security staff to fine its own franchisees (The Guardian)
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Shopkeepers charged millions of pounds, including alleged £10,000 penalty for mistake that cost firm £7.08Vodafone incentivised its security staff to increase “clawbacks” levied on its own franchisees, as part of a programme that led to the telecoms group fining its own shopkeepers millions of pounds for seemingly small administrative errors.The policy – which included one alleged case of a £10,000 penalty for a franchisee whose mistake cost Vodafone £7.08 – involved setting “key performance indicators” (KPIs) for the telecoms group's internal employees to collect total annual fines of £1.5m from the small business people running the FTSE 100 company's high street stores. Continue reading......
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