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Michael Gove apologises for Government’s ‘errors’ during pandemic

Michael Gove apologises for Government’s ‘errors’ during pandemic

But the senior Tory, who was Cabinet Office minister and chancellor of the Duchy of Lancaster when the pandemic began in 2020, also defended Boris Johnson’s “gladiatorial” decision-making and his No 10 against claims of dysfunctionality. Giving evidence to the UK Covid-19 Inquiry on Tuesday, Mr Gove said he took some responsibility for the “mistakes” …

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Labour vows to protect small firms from late payments and anti-social behaviour

Labour vows to protect small firms from late payments and anti-social behaviour

Legislation aiming to ensure invoices are paid on time would be introduced if the party wins the next general election, Jonathan Reynolds has said. The shadow business secretary will also renew a pledge to roll out new “town centre police patrols” to “revitalise” Britain’s high streets as he delivers a speech in the east of …

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Government’s mixed messages risk stalling financial sector on net zero – MPs

Government’s mixed messages risk stalling financial sector on net zero – MPs

In a 70-page report released on Wednesday, the Environmental Audit Committee (EAC) outlined findings and recommendations after holding an inquiry into the UK’s net zero transition and financial sector. The committee warned that progress made at Cop26 in Glasgow in 2021, including commitments to prioritise investment in low carbon industries and into protecting nature, could …

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UK and Greece in diplomatic row after Sunak’s Elgin Marbles snub to Mitsotakis

UK and Greece in diplomatic row after Sunak’s Elgin Marbles snub to Mitsotakis

The Greek leader’s meeting with the Prime Minister due on Tuesday was unexpectedly cancelled following Mr Mitsotakis’s comments about the Parthenon Sculptures, which he wants returned to Athens from the British Museum. He was offered a meeting with Deputy Prime Minister Oliver Dowden instead but turned that down. The usual protocol would normally mean a …

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£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla

£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla

Zoopla, which released the figures, said they are further evidence of a strong buyers’ market, as higher mortgage rates hit demand and more supply boosts buyers’ choice and negotiating power. The typical 5.5% discount-to-asking price for achieved for UK property sales is at a five-year high, Zoopla said. It took the average across all sales, …

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Shop price inflation eases for sixth consecutive month

Shop price inflation eases for sixth consecutive month

Shop prices were 4.3% higher than last November, down from October’s 5.2% and the lowest inflation since last June, according to the British Retail Consortium (BRC)-NielsenIQ Shop Price Index. Food inflation overall slowed to 7.8% from October’s 8.8%, the seventh consecutive drop and its lowest rate since last July due to lower domestic energy prices …

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Recession threat means UK firms surviving rather than innovating – survey

Recession threat means UK firms surviving rather than innovating – survey

Half of company bosses said the threat of economic volatility has caused them to stop innovating, according to a poll of more than 300 chief executives and top bosses across the country by consultancy Magnetic. Some 56% of firms are prioritising the survival of their business above all else. Business leaders are choosing to “batten …

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