Bussiness

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Can UK avoid national debt almost tripling over next 50 years?

A near tripling of the national debt; public spending accounting for well over half the economy’s annual output; government borrowing at levels never seen...

Tesco loses UK legal battle over plans to ‘fire and rehire’ staff on lower pay

Tesco has lost a high-profile “fire and rehire” case in the UK’s supreme court over proposals by the supermarket to let some staff go...

Tesco loses Supreme Court ‘fire and rehire’ fight

Tesco says it will accept a Supreme Court ruling in a so-called...

UK debt projected to almost triple over next 50 years, watchdog warns

The UK’s debt mountain will almost triple to more than 270% of national income over the next 50 years because of pressures from an...

Bank of England waters down plans to impose tougher capital rules on UK banks

The Bank of England has watered down new capital rules meant to shock-proof the banking system from another 2008-style crash, in a move the...

New rules for banks to deliver financial stability and investment

The Basel 3.1 reforms are the final part of the internationally agreed Basel 3 framework. Today’s proposals, announced by the Prudential Regulation Authority (PRA),...

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