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'If you want a strong pound, it has to be for the right reasons'

The strength of sterling is good news for travellers and reflects belief in the UK's recovery. But with world markets already unnerved by conflict, it could hardly be worse for exportersThe current...

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Brave new world beckons as Rochdale strives to reverse decades of decline

Can hi-tech enterprises make home town of Gracie Fields and the Rochdale Pioneers a mini Silicon Valley?It all kicks off not long after the start of the rugby league game between Rochdale Hornets and...

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For Scotland, the independence debate is about more than the economy, stupid...

Salmond and Darling will batter viewers with data in Tuesdays TV debate, but in the end the heart will outweigh the walletIn Scotland, if you doubted the stakes, wait for Tuesdays ­televised...

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Reducing immigration would slow UK economy and lead to tax rises

Thinktank report results from modelling of Tory migration targets: from hundreds of thousands to tens of thousandsReducing immigration into the UK will have strong negative effects on the economy and...

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Responsible capitalism is nonsense the left must offer a real alternative |...

It is unlikely Ed Milibands call will refresh political debate when voters recognise responsible capitalism for the doublespeak it isEd Milibands challenge to the manufactured, the polished, the...

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Markets tense after Portugal bank bailout- business live

Bad bank to house toxic assets of Portugals Banco Espírito SantoHSBC complain of unprecedented regulationBoEs Spencer Dale quits to become BPs chief economistUK housebuilding grows at fastest pace in...

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Will David Cameron play James Callaghan in the 2015 election? | Peter Kellner

Conservatives look back fondly at the 1979 election. But the winter of discontent is a warning against prime ministerial hubrisAs they head for their holidays, senior Conservatives are worrying that...

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East coast mainline pays taxpayers £1bn sparking fresh reprivatisation fury

Franchise returned record £235m in final year as a state company but Department for Transport says decision is finalAnger is growing over the return of the east coast mainline to private hands after it...

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The privatisation scam rolls on and now capitalism is eating itself |...

I am a great admirer of the work of Cambridge economist Ha-Joon Chang but his claim that privatisation was halted under Labour (End this privatisation dogma, 1 August) is an over-simplification too...

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Conservatives step up charm offensive in north of England

Chancellor to promise infrastructure cash and greater regional devolution as he seeks to woo voters outside of Tory heartlandsGeorge Osborne will continue his attempted charm offensive aimed at the...

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Why the One North transport proposals make my heart sink | Ally Fogg

Englands northern cities dont need to copy the worst habits of the south-east to become an economic powerhouseAccording to a popular online journey planner, I could at this moment leave my front door...

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Sick of this market-driven world? You should be | George Monbiot

The self-serving con of neoliberalism is that it has eroded the human values the market was supposed to emancipateTo be at peace with a troubled world: this is not a reasonable aim. It can be achieved...

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Bank of England likely to hold interest rates at 0.5%, say economists

Poll of experts believes at least one MPC member will end unanimous agreement on rates but that hike is unlikely this yearThe Bank of England looks likely to start the ball rolling towards its first...

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Cities need money and power to rise again | @guardianletters

The chancellors announcement that the regeneration of the north of England would be central to his autumn statement (Report, 6 August) is a promising escalation in the political duelling over this...

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Why a little economic growth won't see an end to the pain in Spain

Politicians hail signs of economic recovery, but others foresee little change for the country's jobless millionsJust streets away from Madrid's only three-Michelin-starred restaurant, peeling buildings...

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You can tell it's silly season: Boris and the Eurosceptics are out in force

The mayor's 'coming out' as a candidate and a sceptic reinforces a dangerously cavalier attitude to Britain's position in the EUTerrible things may be happening in the Middle East and parts of Africa,...

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Would a citizens income be better than our benefits system?

Phasing out tax relief and allowances may reduce the budget deficit while also adapting to the growing informal economy, writes Larry ElliottThe Bank of England has been scratching its head for months...

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Julie Bishop seeks to boost Australia-Asean ties video

Australian foreign minister Julie Bishop has co-hosted a meeting between Australia and the Association of South East Asian Nations (Asean) in an effort to boost ties between Australia and countries in...

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Mobile phone companies have failed it's time to nationalise them | Owen Jones

It may sound like off-the-wall leftiness, but there are clear and convincing arguments for a nationalised mobile phone networkNationalisation is a taboo among the political and media elite, its mere...

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Ending tariffs on green goods will show free trade can fight climate change

James Bacchus: The supposed choice between economics and environment is false, tariff cuts on green goods are a good moveOur economic future cannot be separated from our environmental future. Advocates...

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