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Rail passengers and taxpayers ‘paying worth for DoT failures’ | UK information

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Rail passengers and taxpayers are paying the value of expensive mismanagement of the railways by the Division for Transport, in line with a scathing report. The general public accounts committee warned that extra issues lie forward for practice…

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First ‘advantageous to flush’ moist wipes accredited in drive to deal with fatbergs | Cash

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The primary moist wipes within the UK to be given official certification as “advantageous to flush” down the bathroom will go on sale subsequent month, as a part of a nationwide drive to get rid of the rising…

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Brexit uncertainty slows financial system and raises danger of job losses | Enterprise

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Brexit gridlock has dragged the UK financial system near stalling level as rising numbers of corporations pause their spending plans, elevating the danger of job losses in future, in response to a Guardian evaluation of developments over the…

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Uber survives authorized problem introduced by London cabbies | Expertise

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Uber has survived a excessive court docket problem to its licence to function in London, after judges rejected claims of bias introduced by a gaggle of black cab drivers. In a crowdfunded authorized bid, drivers had argued that…

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Vauxhall says it will not draw back from the ‘darkish aspect’ in no-deal Brexit | Enterprise

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The chief govt of Vauxhall proprietor PSA Group stated the carmaker wouldn’t draw back from unpopular selections, together with shutting factories, if there’s a no-deal Brexit. Carlos Tavares stated PSA has constructed up stockpiles of elements and merchandise…

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BMW says piecemeal Brexit delays ‘not good’ for its 4 UK crops | Politics

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BMW has mentioned piecemeal delays to Brexit “wouldn’t be good” for the carmaker, spelling extra uncertainty for its 4 UK crops. Andreas Wendt, a BMW board member and buying chief, mentioned in an interview with the German trade…

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Metro Financial institution to carry shock £350m share sale after loans blunder | Enterprise

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Metro Financial institution is once more going cap-in-hand to shareholders to attempt to elevate an additional £350m after revealing a serious accounting mistake final month that’s now being investigated by Metropolis regulators. The challenger financial institution raised £303m…

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Delay to Brexit may imply a ‘damaging double cliff-edge’ | Politics

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Delaying Britain’s departure from the EU can be higher for the economic system in the long term – however the transfer may even have a dangerous affect on corporations which have spent two years getting ready for a…

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Saudi Aramco says oil business faces ‘disaster of notion’ | Enterprise

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Saudi Arabia’s state oil firm has stated the business faces a “disaster of notion” as a result of society believes it has no future, which it says might threaten world vitality safety. Amin Nasser, the chief government of…

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Banks given further funds to calm nerves if UK crashes out of EU | Politics

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Banks will achieve entry to further Financial institution of England funds from subsequent month to forestall a monetary shock ought to the UK give up the European Union with no deal. Whereas it remained unclear whether or not…

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