Economy
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O2 Arena to install wind turbines to generate clean electricity
The O2 Arena is planning to install mini wind turbines to generate its own clean electricity in partnership with startup Alpha 311.…
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Auction of 10-year inflation-linked Gilts draws highest demand since 1998
An auction of 10-year inflation-linked Gilts drew a record amount of bids. Some market commentary argued that the result of Wednesday’s auction…
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US CPI ticks up 0.4% in February
February’s US consumer price index increased 0.4% in February on a seasonally adjusted basis after rising 0.3% in January, according to the…
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Boris Johnson backs cutting air passenger duty on domestic flights
The prime minister has backed cutting air passenger duty on domestic flights, following the publication of an interim review into transport between…
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Kent Covid-19 strain 30-100% more deadly, study finds
The Covid-19 strain first detected in the UK is anywhere between 30% to 100% more deadly than the previous ones, a study…
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NFIB small business optimism index inches forward in February
The National Federation of Independent Business’ small business optimism index rose by 0.8 points in February to 95.8 but again failed to…
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Consumer spending down though some sectors hit record growth
Consumer spending fell 13.8% year-on-year in February, according to data from Barclaycard, although some sectors saw record growth as coronavirus lockdowns continued…
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OECD ups forecasts for global growth
The OECD has strengthened its growth forecasts for the global economy, citing the ongoing success of the vaccine rollout and the US’s…
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UK retail sales edge higher in February – BRC
UK retail sales ticked higher in February, industry research showed on Tuesday, as the roadmap out of lockdown helped support spending. According…
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DuPont to buy Laird Performance Materials from Advent for $2.3bn
DuPont has agreed to buy Laird Performance Materials from private equity firm Advent International for $2.3bn in cash. Laird is “a world…
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