Economy


Rapid Rise In UK Living Wage Could Result In More Robots In The Workplace

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New report warns automation might be deployed to mitigate effects of a higher wage bill. Read more

Americans To Spend $20bn On Legalised Marijuana Generating 400,000 New Jobs

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States that have legalised the use and sale of marijuana in the United States will create 400,000 new jobs by 2021 and g... Read more

Could Britain Join The TPP After Brexit?

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Liam Fox dismisses 'overblown' reports and insists Britain wants to see what emerges from new agreement. Read more

Swanky Concourse Marks Completion Of London Bridge Station's Multi-billion Pound Renovation

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Network Rail says revamped station and additional platforms can serve up to 18 trains an hour with scope for more. Read more

UK Car Industry 'teetering Over The Edge' As Production Faces First Drop Since Financial Crisis

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SMMT warns that uncertainty over Brexit and Government's diesel plans could spell further trouble for the industry. Read more

London House Prices Will Become Cheaper In 2018

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RICS data shows house prices to fall in the capital and the south-east next year and drop could spark nationwide fall. Read more

EU Banks In The UK Will Operate 'as Normal' After Brexit

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Bank of England set to allow European banks to operate in Britain through their own branches rather than by setting up s... Read more

Saudi Arabia Unveils The Kingdom's Largest Budget In History Promising To Spend $293bn In 2018

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Saudi Arabia's Crown Prince Mohammed bin Salman says the annual budget is chiefly aimed at improving the living standard... Read more

Michel Barnier Rules Out Special Brexit Deal For The City

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Brexit secretary David Davis had hoped to reach a bespoke trade deal with the European Union, similar to the one impleme... Read more

One In Three 'gig Workers' Admits To Juggling Two Or More Jobs At One Time

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One in 10 respondents more inclined to take up a 'gig economy' job during the Christmas season, research shows. Read more

'Shared Market' Could Benefit Both UK And EU Post Brexit, Think Tank Says

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The Institute for Public Policy Research has called for the creation of a new customs union within which the UK would be... Read more

Revealed: The Day Britons Stop Working Before Christmas

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Monday 18 December marks the day most Britons admit downing tools at work in preparation for Christmas. Read more

Cost Of Drinks In Scotland To Increase By 90% Because Of Minimum Alcohol Price

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The introduction of the minimum unit pricing will see price of some ciders increase by as much as 90%. Read more

Bank Of England Keeps Rates Unchanged But Warns Brexit Remains Top Challenge To Monetary Policy

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Monetary Policy Commitee hints that further fiscal tightening might be required over next few years. Read more

Accept EU Terms To Secure 'urgent' Brexit Transition Deal, MPs Say

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Treasury Select Committee says consequences of not agreeing a transition agreement would be "dramatic and damaging". Read more

Black Friday Sales Deliver Huge Boost To Retail Sector

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Retail sales climb 1.1% month-on-month in November as sales of household goods jump 2.9% thanks to Black Friday sales. Read more

Britons Could Begin Christmas Holidays On 11 December If It Wasn't For IT Issues

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Research shows IT issues are such a significant issue for British productivity that cost office workers 2 hours a week. Read more

UK Unemployment Rate Holds At Historic Low But Number In Work Falls For Second Month

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Number of people in work records a second month of decline and the largest drop since the quarter between March and May ... Read more

Water Bills To Fall Between £15 And £25 From 2020

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Ofwat says decline in financing costs for water companies will be passed on to customers from the beginning of next deca... Read more

Over 50% Of Britons Turn To Loans And Credit Cards To Fund Christmas Shopping

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Almost six in 10 British households have admitted having to make 'significant financial sacrifices' during the festive p... Read more