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Category: Business

Inflation progress stalls in US in October
Business

Inflation progress stalls in US in October

November 13, 2024

The Federal Reserve wants to see inflation, the rate at which prices rise, fall back to about 2%. It started cutting interest rates in September,

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JD Sports and Fullers warn Budget will push up prices
Business

JD Sports and Fullers warn Budget will push up prices

November 13, 2024

The chancellor’s budget included £40bn in total worth of tax rises. More than half of these will be paid for by employers, with the National

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Rail fares: Government to order review of prosecutions
Business

Rail fares: Government to order review of prosecutions

November 13, 2024

Last month, government-owned Northern dropped all action against engineering graduate Sam Williamson, who was reported to the operator’s prosecutions and debt recovery department for using

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‘Adults buying kids toys to escape global turmoil’, sales data suggests
Business

‘Adults buying kids toys to escape global turmoil’, sales data suggests

November 13, 2024

The UK toy industry had sales of £3.4bn in the year to September, according to Circana. The sector is now entering the crucial festive period

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Why Tesla, crypto and prisons are Trump trade winners
Business

Why Tesla, crypto and prisons are Trump trade winners

November 12, 2024

The price of the best-known cryptocurrency, Bitcoin, jumped more than 25% to new all-time records this week on the back of Trump’s win, briefly storming

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Post Office jobs and branches at risk in shake-up
Business

Post Office jobs and branches at risk in shake-up

November 12, 2024

The Post Office’s new chairman Nigel Railton will brief staff on Wednesday on the outcome of a review launched earlier this year. The former boss

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Car finance industry sets aside billions for motorist claims
Business

Car finance industry sets aside billions for motorist claims

November 12, 2024

Mr Johnson sold his Suzuki Swift in 2020, but after three years of regular payments, he still owed £3,500 which he assumed then was due

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Legal challenge to Rosebank oil and Jackdaw gas fields begins
Business

Legal challenge to Rosebank oil and Jackdaw gas fields begins

November 12, 2024

Ruth Crawford KC, who is acting for Greenpeace during the case, told the court that the greenhouse gas emissions from Rosebank and Jackdaw would be

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NatWest blocks staff from using WhatsApp and Facebook Messenger
Business

NatWest blocks staff from using WhatsApp and Facebook Messenger

November 12, 2024

NatWest Group has blocked messaging services WhatsApp, Facebook Messenger and Skype on company devices to stop staff using them to communicate with each other. The

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Siemens Gamesa factory in Hull wins £1bn wind turbine contract
Business

Siemens Gamesa factory in Hull wins £1bn wind turbine contract

November 12, 2024

Ms Harber said: “It’s important for the future. It’s the biggest thing around.” The factory will manufacture 377ft (115m) blades for the windfarm, which will

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