Pro-Brexit group calls for EU free trade deal

Campaigners for a “hard” Brexit have asked business groups across Europe to put pressure on their governments for a free trade agreement with Britain. Leave Means Leave has written to the chambers of commerce in all the other 27 EU states, asking them to call for a “sensible agreement regarding the terms of Britain’s exit […]

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‘Middle age health crisis’ warning

Middle-aged people in England face a health crisis because of unhealthy lifestyles, experts have warned. Desk jobs, fast food and the daily grind are taking their toll, says Public Health England. Eight in every 10 people aged 40 to 60 in England are overweight, drink too much or get too little exercise, the government body […]

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Deutsche Bank agrees $7.2bn penalty with US regulators

Germany’s Deutsche Bank says it has agreed a $7.2bn (£5.9bn) payment to US authorities over an investigation into mortgage-backed securities. The sum, which needs final approval, is far lower than the $14bn the US had asked the bank to pay in September. That looming fine had caused concerns that a failure of the bank could […]

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£60m ‘to tackle second homes problem’ in England

The government is to introduce a £60m annual fund to help areas of England with high levels of second-home ownership to “tackle the problem”. The money, to be shared by 150 councils over five years, will go into providing “affordable” housing for first-time buyers in places where demand is high. The money has been raised […]

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Swaleside Prison: Wing reclaimed after inmates take control

Part of a prison wing that was taken over by about 60 inmates has been reclaimed, the Prison Service has said. Specialist “Tornado” teams were sent into HMP Swaleside, on the Isle of Sheppey, Kent, after a disturbance at about 19:00 GMT on Thursday. A Prison Service spokeswoman said all those involved at the category […]

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Broadband boost for remotest parts of UK

The government has said £440m has been found so about 600,000 more premises can gain access to superfast broadband. The cash comes from “efficiency savings” and money returned by BT as part of the government’s flagship broadband rollout scheme. Culture Secretary Karen Bradley said the funds would help to bring faster speeds to homes and […]

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Troubled families turnaround claim misleading, say MPs

The government’s claim that a project had “turned around” the lives of 99% of England’s most troubled families was misleading, MPs have said. Ministers had not taken into account costs when saying the Troubled Families programme had saved taxpayers £1.2bn, the Public Accounts Committee added. It also criticised the payment-by-results system for councils. The government […]

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Lloyds Bank buys MBNA credit card firm for £1.9bn

Lloyds is to buy credit card firm MBNA from Bank of America for £1.9bn, in the UK bank’s first acquisition since the 2008 financial crisis. Lloyds, which is nearly 7% state-owned, said MBNA would be a “good fit” with its own credit card business. MBNA, which holds assets of £7bn, would increase group revenues by […]

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