Inflation edges lower in April
May23

Inflation edges lower in April

. . Consumer Price Inflation fell to 2.4% in April – its lowest level since March 2017. The fall from 2.5% in March was partly blamed on the timing of Easter, which meant a seasonal rise in air fares was not included in April this year. The figures did show the effect of the sugar tax that drove up the prices of soft drinks and juices. The fall in inflation will ease pressure on the Bank of England to raise interest...

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How can M&S get back in fashion?
May22

How can M&S get back in fashion?

. . That stalwart of the high street, Marks and Spencer, has announced 100 stores will close by 2022. Falling sales – and the shift to online shopping – has made it harder to justify keeping them all open. So what can M&S do to avoid further closures and entice more people back into its stores? We asked shoppers, a retail analyst and a fashion blogger for their advice. The younger shopper: ‘Change the store...

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Who is to blame for ‘self-driving car’ deaths?
May21

Who is to blame for ‘self-driving car’ deaths?

. Reuters . Walter Huang, 38, was killed in a crash while using Tesla’s Autopilot function The confusion between fully autonomous self-driving cars and those that simply offer driver assistance technologies is leading to deaths on the road. Who is to blame and what should be done about it? Self-driving cars already exist and there will be more of them in future, but the chances are that you won’t be driven by one any time...

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UK turns blind eye to dirty Russian money, say MPs
May21

UK turns blind eye to dirty Russian money, say MPs

. . . MPs want to see further sanctions against ‘Kremlin-connected individuals’ The UK has been accused of turning a “blind eye” to Russia’s “dirty money”, putting national security at risk. The Commons foreign affairs committee said London was being used to hide the “corrupt assets” of President Vladimir Putin and his allies. It said it was “business as usual” for the...

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US and China halt imposing import tariffs
May20

US and China halt imposing import tariffs

. . . China’s exports to the US far outweigh what it imports China and the US say they will halt imposing punitive import tariffs, putting a possible trade war “on hold”. The agreement came after days of talks in Washington DC aimed at persuading China to buy more US goods and services, therefore reducing the trade imbalance between the two countries. US Treasury Secretary Steven Mnuchin said China would lower...

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Glencore shares fall on DRC probe fears
May19

Glencore shares fall on DRC probe fears

. Reuters . Glencore has its headquarters in Switzerland, but its shares are traded in London Shares in London-listed mining giant Glencore have fallen 7% following a report of a potential investigation into its actions in Africa. Glencore said it could not comment on a Bloomberg report that it may face an investigation into allegations of bribery linked to its operations in Democratic Republic of Congo. The Serious Fraud Office (SFO)...

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