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02.01.26 - 16:12
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FTSE 100 breaks 10,000 mark for first time, capping stellar year for UK market (The Guardian)
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Blue-chip share index, created in 1984, has risen by more than 20% over past 12 monthsBusiness live – latest updatesThe UK's blue-chip share index has broken through the 10,000-point level for the first time, as London shares continued to rise after a bumper 2025. .The FTSE 100 jumped on Friday morning to a high of 10,046, a new peak for the index, before easing back slightly. Continue reading......
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02.01.26 - 14:42
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Uber rewrites contracts with drivers to avoid paying UK′s new ′taxi tax′ (The Guardian)
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Hailing app will now act as agent rather than supplier outside London, avoiding VAT requirement, although change is not permitted in LondonUber has swerved paying millions of pounds to the UK exchequer under Rachel Reeves's new “taxi tax” after the ride-hailing app rewrote contracts with its drivers.The move came as rules announced in November's budget took effect, which adjusted how VAT is payable on minicab fares and would have resulted in the whole Uber fare becoming subject to the 20% sales tax. Continue reading......
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02.01.26 - 10:48
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UK House Price Growth Weakest Since 2024 (AFX)
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LONDON (dpa-AFX) - UK house prices grew at the slowest pace since April 2024 largely due to the high base effects, data from the Nationwide Building Society showed on Friday. House prices posted a......
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02.01.26 - 10:48
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UK house prices unexpectedly fell at end of year, Nationwide says (The Guardian)
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Average property price drops by 0.4% in December to £271,068 after forecasts of 0.1% month-on-month riseBusiness live – latest updatesUK house prices unexpectedly fell in December, according to a top mortgage lender, with the market finishing the year with the weakest annual growth in more than 18 months.The average property price slumped by 0.4% to £271,068 when compared with November, according to Nationwide, confounding City forecasts of a 0.1% rise. Continue reading......
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