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14.11.25 - 16:12
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UK borrowing costs up after markets spooked by Reeves′s income tax U-turn (The Guardian)
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Pound down 0.5% against dollar in early trading after chancellor drops plans for upcoming budgetUK politics live – latest updatesBritain's borrowing costs have jumped while the pound has dropped after the chancellor's extraordinary last-minute decision to ditch tax-raising plans in the upcoming budget.Interest rates on government bonds rose by more than 10 basis points in early trading, putting them on track for their worst day since 2 July, when investors responded to a tearful appearance by Rachel Reeves in the House of Commons chamber. The pound, meanwhile, dropped 0.5% against the dollar. Continue reading......
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14.11.25 - 15:54
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Who could be behind the phantom briefing and the tax rise that wasn′t? Inspector Starmer is on the case | Marina Hyde (The Guardian)
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Chaos and ineptitude dog our poor PM. Perhaps the explanation lies (very) close to homeAt this rate the only businesses who will want to invest in Britain after the budget are heroin dealers. No 10 used to have a news grid, now it has an apology grid. Even so, why did Keir Starmer apologise for a sensationally self-destructive round of briefing against Wes Streeting if he didn't do it? This is like me apologising for accidentally releasing sex offenders from prison. I suppose there is the occasional previous example in public life. Andrew Mountbatten-Windsor apologised for his association with Jeffrey Epstein and gave a woman he'd never met a reported £12m. Perhaps that provides the prime minister with the warming cover of precedent.If you're just joining us, this is a week in which the government finally achieved the chaos spiral of several recent Conservative administrations. We can now officially say: same car, different clowns. We are less than two weeks out from the budget, with Friday morning's...
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14.11.25 - 13:24
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FTSE 100 Down Sharply As Bond Yields Climb Higher (AFX)
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BRUSSELS (dpa-AFX) - UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refrain......
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14.11.25 - 12:48
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London judge rules BHP Group liable for Brazil′s 2015 Samarco dam collapse (The Guardian)
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About 600,000 people seeking compensation a decade on from disaster that killed 19 and devastated villagesA London judge has ruled that the global mining company BHP Group is liable in Brazil's worst environmental disaster, when a dam collapse 10 years ago unleashed tons of toxic waste into a major river, killing 19 people and devastating villages downstream.Mrs Justice O'Farrell said at the high court that Australia-based BHP was responsible despite not owning the dam at the time. Continue reading......
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14.11.25 - 12:30
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Fed Rate Cut Doubt Growing; UK Income Tax Hike Plan Ditched By Reeves | The Pulse 11/14 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
(Source: Bloomberg)...
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