China Figures Suggest Tough Landing Ahead

China's Statistics Bureau has published the country's GDP figure for the first quarter of 2015 - a growth rate of 7%. For most Western markets that's an enviable figure. For China though, it represents the slowest growth for six years. Yet the Chinese...

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Oil Find Near Gatwick 'Clarified' By Owner

The company which reported a massive upgrade to an oil find near Gatwick Airport has conceded it was not in a position to properly size it up. Last week's announcement that up to 100 billion barrels, a potentially "world-class" discovery, had been...

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EU Charges Google With Abusing Market Position

The EU has formally charged Google with abusing its search market position in Europe, leaving it open to a fine of more than $6bn. The European Commission has been examining whether Google, which holds about 90% of the search market in Europe, has...

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PPI Scandal: Clydesdale Handed £20.7m Fine

A £20.7m fine has been slapped on Clydesdale Bank for failures in its handling of payment protection insurance (PPI) complaints and attempts to mislead the City regulator. The Financial Conduct Authority (FCA) said the penalty was the largest it had...

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Right To Buy: What Is It And How Does It Work?

David Cameron has announced a future Tory government would give 1.3 million housing association tenants the chance to buy their homes. :: So what is Right to Buy? The existing scheme allows council tenants to buy their home at a discount of up to...

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PM Promises 'Good Life' For 'Working People'

David Cameron has claimed the Conservatives are the "party of the working people" as he made pledges on homeownership, £5,000 of free childcare and an income tax-free minimum wage. Launching the Tory manifesto, Mr Cameron repeatedly made offers to...

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Car Rental Giant To Accelerate With US Deal

By Mark Kleinman, City Editor One of the biggest car rental operators in the UK is to snap up Auto Europe, a US rival, in a move that will create a transatlantic industry powerhouse. Sky News understands that CarTrawler, which is based in Dublin...

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Conservatives Promise To Cut Inheritance Tax

The Conservatives have said they will take family homes out of inheritance tax by introducing a new allowance which effectively increases the threshold for tax to £1m. David Cameron said that if his party wins the 7 May election, parents will be offered...

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Miliband: 'I Am Ready' To Lead Better Britain

Ed Miliband has attempted to convince voters he can be trusted with the economy pledging to cut the deficit year on year and saying: "I am ready" to lead the country. The Labour leader promised to get the Budget back into surplus "as soon as possible"...

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UK Holidaymakers Being Conned Out Of Millions

A warning has been issued to those booking holidays online, as it is revealed that British holidaymakers were conned out of £2.2m last year. Criminal groups have targeted online booking firms to steal cash from unsuspecting customers and many only...

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