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Teenagers wrongly approached about PPI

Image copyrightPA Nearly a fifth of 15 to 18-year-olds have been contacted about PPI claims – despite never having access to the product, research has found. Teenagers are being exposed to financial crime and 62% worry about money, the London Institute of Banking and Finance also found. And the institute, …

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Deal with tax avoidance in Budget – MP

Image caption Labour’s Dame Margaret Hodge said tax avoidance was taking place on an “industrial scale” The government should use next week’s Budget to crack down on issues of tax avoidance raised by the release of the Paradise Papers, an ex-minister says. Labour MP Dame Margaret Hodge, who led an …

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Cleaner ‘blocked’ and fined for being ill

Image copyrightGetty Images When Polly Mackenzie heard her cleaner was ill and unable to work her normal day, she was hoping to reschedule through the Handy site that supplied her. But that was not how the system worked. When her cleaner was unable to attend on her regular day, Handy …

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Deliveroo riders ‘are self-employed’

Image copyrightGetty Images Deliveroo riders have been ruled self-employed by labour law body the Central Arbitration Committee (CAC). The test case was brought against the delivery company by the Independent Workers Union of Great Britain (IWGB) . The IWGB said the ruling showed a majority of Deliveroo riders wanted workers’ …

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Aston Martin in £500m UK-Japan deal

Image copyrightReuters Aston Martin has announced a £500m trade and investment deal between the United Kingdom and Japan. The luxury car brand said on Wednesday it would step up its exports to Japan, open a number of new offices next year and expand its dealer network. The five-year deal will …

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UK car sales slide 9% in September

Image copyrightPA Sales of new cars in the UK fell sharply in September, a move that an industry body has said will cause “considerable concern”. New car registrations last month numbered 426,170, the Society of Motor Manufacturers and Traders (SMMT) said. The figure was down 9.3% from September last year, …

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‘No deal’ may halt Aston Martin factory

Image copyrightGetty Images Aston Martin has said it may have to halt production if the UK fails to strike a Brexit deal with the EU. All new cars in the UK must have Vehicle Certification Agency (VCA) approval, which is valid in the EU. Without a UK-EU deal, that validity …

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Oil jumps on new production cut hopes

Image copyrightReutersImage caption Opec and non-Opec countries first agreed a cut in production last year Oil prices have risen more than 3% after Saudi Arabia and Russia said a deal to cut production should be extended until March next year. A barrel of Brent Crude jumped to $52.52 following a …

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The technology allowing more oil extraction

Image copyrightGetty ImagesImage caption Technological advancements are allowing the extraction of previously unobtainable oil Russian engineer Alex Barak has been coaxing oil out of the ground for a long time. Seventeen years ago, he was responsible for work at a particularly troublesome oil field in Kazakhstan. “That oil field, Karazhanbas, …

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US leads world in oil and gas production

Image copyrightAFP/GettyImage caption The US is expected to account for 80% of the increase in global oil supply to 2025. International energy markets are set for “major upheaval” as the US cements its status as the world’s largest oil and gas producer, while China overtakes it as the biggest oil …

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