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UK economy powers ahead by 0.7%

Second quarter GDP figures showing rate of growth accelerating from 0.4% in first quarter will further fuel talk of interest rate riseBritain’s economic growth bounced back in the second quarter of the...

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The uncertain relationship between national insurance and income tax | Letters

Larry Elliott, in his recommendation to merge income tax and national insurance contributions (Analysis, 27 July), makes only a brief reference to any potential impact on the structure of the social...

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Jeremy Corbyn’s policies may be popular – but they don’t add up to a platform...

The decent, principled Corbyn has struck a chord with Labour’s grassroots where the other candidates have failed. But he is a protester, not a real prospectThose inside the Westminster bubble have been...

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Interest rates: economists and homeowners brace for Super Thursday

Bank of England to reveal key interest rate decision, discussions behind it and quarterly economic forecasts on same day for first timeBritain’s mortgage borrowers will be warned this week to brace...

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George Osborne asks public sector workers for money-saving ideas

Chancellor invites workers to participate in survey, in reprise of 2010 exercise which generated ideas that helped cut costsMillions of public sector workers, including teachers, civil servants and...

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UK government starts Royal Bank of Scotland sell-off

Sale represents the first disposal of taxpayers’ 79% stake in bank – even though shares are worth less than the £45bn originally paidGeorge Osborne has kicked off the first sale of shares in the Royal...

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The privatisation of cities' public spaces is escalating. It is time to take...

In the first of a series on the changing nature of urban space, academic geographer and gonzo urbanist Bradley L Garrett discusses ‘Pops’ – privately owned public spaces – and asks who our cities are...

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UK construction sector growth slows

Markit survey confounds more optimistic forecasts with loss of momentum in housebuilding and civil engineeringGrowth in Britain’s construction industry has slowed unexpectedly in July, hurt by a loss...

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Anti-austerity unpopular with voters, finds inquiry into Labour's election loss

Independent review shows abiding concern over economic deficit, and may fuel doubt about policies of Labour leadership frontrunner Jeremy CorbynPolling undertaken for an independent review being led by...

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NHS patients may face widescale charges, warns financial thinktank

Health budget must rise, or patient fees increase and services diminish, public finance institute warns ministers in bleak assessment of ‘short-term’ pledgesMinisters will have to consider charging...

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Super Thursday: Bank of England transparency or information overload?

Mark Carney’s tone will pave way for market predictions over interest rate increases – but the data dump may make it harder to scrutinise Bank thinkingIt’s Super Thursday and the City scribblers can...

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Charles Koch gets some climate science right, but economics wrong | Dana...

Koch accepts human-caused global warming while engaging in economic alarmismThe Washington Post’s Matea Gold recently interviewed Charles Koch. When she asked if he was worried about climate change,...

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Jeremy Corbyn says campaign has caught the public mood

Frontrunner for Labour leadership faces down critics in the party, saying people’s support would give him a mandate to leadJeremy Corbyn has told his Labour critics that his mandate to lead the party...

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It’s the £64bn question: what does George Osborne have left to sell off?

The chancellor’s divestment spree will not stop at the bailed-out banks. We look at other candidates for privatisation – and ask if this is 1987 all over againGeorge Osborne’s decision to begin selling...

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Privatisation betrays a short-term view of debt

George Osborne may have many reasons for selling off state assets, but his promised great divestment is not free of long-term costsGeorge Osborne wasted no time after the Conservatives were returned to...

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With Labour fixated by Corbyn, the Tories have taken advantage of a feeble...

Labour is preoccupied, the Lib Dems are in disarray – and the Conservatives have been busy ditching key election pledges, borrowing opposition ideas and performing policy U-turns. But is anyone even...

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Jeremy Corbyn is right to blame the banks, not Labour, for the financial crisis

While other candidates apologise for spending and borrowing too much, Corbyn’s take on austerity and party’s economic record adds upHere’s a question for you. Consider the following statement: “We must...

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Jeremy Corbyn would clear the deficit – but not by hitting the poor | John...

Ignore the hysteria. Our plans to tax the very rich and reshape the economy are sound common senseAs people wake up to the prospect of Jeremy Corbyn actually being able to win the Labour leadership,...

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Bank of England to examine whether financial reforms have held back growth

Governor Mark Carney tells George Osborne that City traders and bankers will be asked for their views on effect of financial stability policies Mark Carney has told the government that the Bank of...

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China stuns financial markets by devaluing yuan for second day running

Stocks, currencies and commodities fall sharply across region as investors fear a stalling China economy and possible currency war despite Beijing’s assurancesMarkets slide as China moves to weaken...

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