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General election 2017: May says Tories would not raise VAT

General election 2017: May says Tories would not raise VAT

Media captionTheresa May denies “robotic” message Theresa May says a Conservative government will not raise VAT if she wins the general election. But the PM declined to back a 2015 Tory pledge that income tax, National Insurance and VAT would not be increased. Mrs May said she would not be making “specific proposals” on taxes […]

MPs say ‘dominance’ of big home-building firms must end

MPs say ‘dominance’ of big home-building firms must end

Image copyright Getty Images MPs have called for an end to the dominance of big home-building firms to fix the “broken” housing market. The communities and local government committee said the eight biggest firms built more than half of all new homes. MPs said the government should do more for smaller builders who do not […]

MPs say ‘dominance’ of big home-building firms must end

MPs say ‘dominance’ of big home-building firms must end

Image copyright Getty Images MPs have called for an end to the dominance of big home-building firms to fix the “broken” housing market. The communities and local government committee said the eight biggest firms built more than half of all new homes. MPs said the government should do more for smaller builders who do not […]

Lloyds Bank’s profits rise despite ‘challenging’ times

Lloyds Bank’s profits rise despite ‘challenging’ times

Image copyright Reuters Lloyds Banking Group has reported a rise in profits in the three months to the end of March, despite a “challenging” environment. It said pre-tax profits doubled from a year ago to £1.3bn in the first quarter, although last year’s figure included a hefty one-off cost. Lloyds boss Antonio Horta-Osorio said its […]

Trump won’t scrap Nafta trade deal ‘at this time’

Trump won’t scrap Nafta trade deal ‘at this time’

Image copyright Getty Images Image caption Workers make wire harnesses for automobiles in Ciudad Juarez, Mexico US President Donald Trump has told Mexico and Canada he wants to renegotiate – not scrap – the North American Free Trade Agreement. Media reports on Wednesday had suggested Mr Trump was drafting an executive order to end the […]

Book sales hit a record as children’s fiction gains in popularity

Book sales hit a record as children’s fiction gains in popularity

Image copyright EPA Children’s fiction helped drive UK book sales to a record £3.5bn last year, the Publishers Association (PA) has said. The 6% rise came despite the waning popularity of ebooks, which saw sales fall by 3% to £538m last year. Sales of children’s books rose 16% to £365m, with the increase due mainly […]

Deutsche: Brexit risk to up to 4,000 UK jobs

Deutsche: Brexit risk to up to 4,000 UK jobs

Image copyright TOBIAS SCHWARZ/AFP/Getty Image caption Deutsche Bank is in talks for a new London headquarters, despite questions raised by Brexit Deutsche Bank could move up to 4,000 jobs out of the UK as a result of Brexit – nearly half its UK workforce. The possibility raised by the firm’s chief regulatory officer was the […]

TV drama and the weak pound set the scene for holidaymakers

TV drama and the weak pound set the scene for holidaymakers

Image copyright Google According to 28-year-old Linnea Rinas, the reason she’s so keen to holiday in the UK is the long-running television crime drama, Midsomer Murders. She has watched it with her family in Sweden for as long as she can remember. The appeal of Britain’s small screen dramas abroad is being dubbed “The Crown […]

Arrests as Newcastle and West Ham raided in tax probe

Arrests as Newcastle and West Ham raided in tax probe

Image copyright Getty Images Image caption Newcastle United was one of the clubs raided Newcastle United and West Ham United’s grounds have been raided in a fraud investigation, resulting in several arrests. HMRC said it deployed 180 officers across the UK and France, and several men working within professional football had been held. It searched […]

United Airlines investigates giant bunny death

United Airlines investigates giant bunny death

Image copyright Getty Images Image caption This is not Simon. But giant rabbits like this one can be valuable United Airlines is investigating the death of a giant rabbit which was being transported on one of its planes. The 90cm-long bunny, called Simon, was found dead in the cargo hold when the flight arrived at […]

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