News

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UK inflation fell into negative territory in September

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UK inflation fell into negative territory in September. According to the latest official figures, as measured by the Consumer Prices Index, inflation in September dropped...
Royal Mail sale

UK completes privatisation of the Royal Mail

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The UK government completed the privatisation of the Royal Mail on Tuesday. It raised £591.1 million from selling its final stake in the business...
Labour

Labour MPs furious after fiscal charter U-turn

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Labour’s new leaders initially said they would support the government’s fiscal charter. All seemed fine until MPs were told in a stormy meeting that...
Columbia University

New tool Sunlight expands tracking of personal data on the Web

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Scientists at Columbia University’s Data Science Institute are to present ‘Sunlight’, a second-generation tool that they say brings transparency to the Web. They will...
Worldpay-logo

Worldpay went public on LSE, raised £2.5billion

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Worldpay went public on the London Stock Exchange (LSE) this morning, raising around £2.5billion. The company, which provides payment services for mail order and Internet retailers,...
National Travel Survey

People travelling further but less frequently, UK

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Over the past fifty years, British people have been travelling further, but less frequently, according to a new study published in the journal Significance. Since...
ONS

Inflation turns negative in UK

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Inflation, or the CPI (Consumer Prices Index), declined by 0.1% in the 12-month period to September 2015, after posting no change (0.0%) in the...
Boris Johnson

Boris Johnson on Japan trip to boost trade and investment

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Boris Johnson, the Mayor of London, leads a trade mission to Japan to boost trade and investment. Mr. Johnson aims to strengthen ties with...
UK retail sales

UK retail spending climbed up in September

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Retail spending increased in September, according to the British Retail Consortium (BRC). The net value of retail sales between Aug. 30 and Oct. 3 was...
Jes_Staley

Barclays to appoint Jes Staley as new chief executive, reports suggest

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Barclays is set to appoint Jes Staley as its new chief executive, according to a report by The Financial Times which cited two people...