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City issues interest rates warning as unemployment falls to 7.4%

David Cameron claims drop in jobless rate to four-and-a-half-year low shows that coalition's economic plan is workingDavid Cameron seized on news of a sharp fall in unemployment on Wednesday as...

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HMRC 'lost nerve' over big tax avoiders, say MPs

Report highlights how Treasury is owed £35bn in missing tax payments and says HMRC pursued small firms, not global giantsBritish officials have "lost their nerve" in tackling tax avoidance by global...

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HMRC failing to tackle tax avoidance, say MPs – video

Margaret Hodge, chair of parliament's public accounts committee, says HM Revenue and Customs has failed to crack down on tax avoidance by global corporations

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Ed Balls asks shadow cabinet for money-saving ideas

Shadow chancellor sets out details of 'zero-based spending review' to be completed in governmentEd Balls has asked all shadow cabinet members to set out initial ideas for money-saving public service...

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Serco's £68.5m fine disguises what looks to be a bright future

Serco's reputation seems to have escaped relatively unscathed compared to G4S and may soon be bidding for government contractsFor Serco, it's bad and good news. The private security firm is having to...

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Without morality, the market economy will destroy itself | Malcolm Brown

In the second in our special series, Capitalism: Time for a New Deal, a senior aide to the Archbishop of Canterbury argues that moral awareness, coupled with an end to monopolies, is crucial for our...

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Helmut Schmidt: 'Britain's empire has gone, though you think it still exists'

Germany's former chancellor believes a lack of leadership has added to the crisis at the European institutions he helped forgeHelmut Schmidt takes a last, long drag on his cigarette and stubs it out....

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There's a new jobs crisis – we need to focus on the quality of life at work |...

British workers face low wages, but are also being hurt by job insecurity, stress and the demand of long hoursWith economic growth now picking up and unemployment inching its way downwards, things are...

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Guesswork in economic policy | @guardianletters

How many Delphic pronouncements from members of the monetary policy committee (MPC) does it take to change expectations? Martin Weale is the latest soothsayer to claim that Mark Carney's forward...

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Tobacco's ugly truth must be uncovered | Julia Gillard

Julia Gillard: In Australia, 15,000 people die a year due to tobacco use. The fight has not been won yet, but our plain package policy works and should be defendedJulia Gillard

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Job vacancies increase, but north-south divide continues, finds study

It is 200 times harder to find work in Salford than in Cambridge despite nationwide rise in advertised positions, says job websiteA rise in job vacancies has made it easier to find employment, but a...

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Economic outlook for 2014 is sobering, but that shouldn't lead to pessimism

On even the most pessimistic forecast Australia's economy is expected to continue to grow through to the end of 2017Greg Jericho

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Big tobacco could unduly influence trade negotiations, Julia Gillard says

Former prime minister warns of the 'stealthy' influence of tobacco companies on the Trans-Pacific PartnershipHelen Davidson

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The business year in review: Alice in Wongaland

Looking back on the stories which made the business headlines in 2013It is Alice in Wongaland – the UK economy is coasting on easy money, its growth propelled by shopping sprees and property prices,...

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When you buy a house, you shouldn't buy the neighbourhood with it | Matt Cowgill

Matt Cowgill: We've tipped the scales too far in favour of those who want to restrict development, making Australian housing more expensive than it could be. Rising density isn't the enemyMatt Cowgill

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Lending to small businesses receives boost

Government hopes plan will lead to an increase lending to businesses in deprived areasNew "challenger" banks will find it easier to check the credit-worthiness of potential business customers under new...

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Child trust fund cash can be transferred to junior Isas, says Treasury

Rule change from April 2015 covers six million more children's CTS accounts, allowing holders to benefit from better returnsMoney held in child trust fund accounts for more than six million children...

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Why Britain needs a pay rise

Another year in which earnings rise less than prices could hit the recovery and David Cameron's re-election hopesPay always matters. It will matter even more than usual in 2014 when it will determine...

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Cable questions Hunt over risk to NHS from privatised plasma firm

Lib Dem minister risks further Tory ire by raising fears for patient safety after sale to US companyThe business secretary, Vince Cable, has asked his cabinet colleague Jeremy Hunt, at the Department...

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Ed Miliband's New Year message: 'We'll make big changes in our economy'

Labour leader outlines ambition to tackle 'cost of living crisis' with proposals on childcare, payday loans and social justiceEd Miliband will give a new push to his campaign on the cost of living in...

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