Category: Business

European markets soar as Germany lifts ‘debt brake’ to raise defence spending

Berlin’s ‘big bazooka’ move sends industrial stocks surging but fiscal sea change also hikes borrowing costsBusiness live – German debt ‘bazooka’ rallies stocks and euroEuropean financial...

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Ban on new drilling confirmed as ministers consult on North Sea’s ‘clean energy future’

Gas and oil industry cautiously welcomes government proposals that could ease tax burden on sectorThe UK government has pledged to “unleash the North Sea’s clean energy future”, as it confirmed plans to ban new...

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China and Canada retaliate after Trump trade tariffs come into effect

Markets tumble as US president’s levies against Canada, Mexico and China come into effectChina and Canada unveiled retaliatory measures against the US after Donald Trump imposed his sweeping tariffs plan at midnight US...

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Weak UK consumer spending is denting business mood, says CBI

Employers lobby group says business activity is falling with most firms expecting worse to comeBusiness activity across the UK private sector declined in the last three months, a survey has found, as weak consumer spending hits...

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Ban pornography depicting strangulation, review urges UK ministers

Independent review also calls for ban on other ‘legal, but harmful’ material that is degrading, violent or misogynisticUK politics live – latest updatesPornography depicting strangulation should be made illegal...

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Room for both Heathrow and Gatwick to expand, says airport boss

Heathrow CEO urges ministers to commit to ‘gateway to growth’ third runway The boss of Heathrow has said there is room for both of London’s biggest airports to expand significantly if the government can...

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