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U.S. Congress puts Big Oil in the hot seat in climate deception probe

WASHINGTON, Oct 28 (Reuters) - The U.S. Congress on Thursday will open a year's worth of investigations into whether Big Oil deceived Americans about its role in climate change, with Democratic lawmakers planning to grill the chiefs of four oil companies and two lobby groups. Environmental groups and their congressional allies hope the hearing evok
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British Business - Oct. 26

Oct 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Policymakers should wait to judge the impact of the end of the furlough scheme before raising interest rates, Silvana Tenreyro, an external member of the monetary
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Britain's fossil fuel dilemma in the spotlight as climate talks near

* Britain has pledged to hit net zero emissions by 2050 * Energy firms say new output can be part of phased decline * Activists want halt to new exploration immediately * Supply crunch sent global oil, gas prices soaring By Shadia Nasralla LONDON, Oct 19 (Reuters) - Britain faces a fossil fuel dilemma: it can burnish its green credentials by haltin
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British Business - Oct 14

Oct 14 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Moneybox, a smartphone-based wealth manager, has hired the former boss of Marks & Spencer Financial Services as its chairwoman. Link - A senior partner at KPMG mo
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Financial Times - Oct 14

Oct 14 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Reform UK business rates or risk more shop closures, say trade Link - UK gas shipping company to stop delivering to retail suppliers Link - Pub group Marston's calls for looser visa r
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UK Stocks-Factors to watch on Oct. 11

Oct 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening steady on Monday, with futures .FFIc1 marginally down 0.25%. * ASTRAZENECA: AstraZeneca AZN.L said its antibody cocktail, the first protective shot other than vaccines against COVID-19, met its main goals in a late-stage trial, helping reduce severe COVID-19 or death in non-hospitali
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UK Stocks-Factors to watch on Oct. 11

Oct 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening steady on Monday, with futures .FFIc1 marginally up 0.07%. * PURE PLANET: BP-backed British energy supplier Pure Planet is close to collapse and is in talks with energy regulator Ofgem, Sky News reported on Sunday. * WAGES: Inflation in Britain is troubling and the independent Bank o
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British Business - Oct 11

Oct 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Bank of Ireland BIRG.I will sell off more than 80 closed branches across the island of Ireland. Link - The Financial Conduct Authority is facing new criticism ove
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We're one millimetre from a corporate tax deal, France's Le Maire says

LONDON, Oct 6 (Reuters) - The world is one millimetre away from a deal on global corporate taxes and an agreement could be signed in Washington next week or at the G20, French Finance Minister Bruno Le Maire said on Wednesday. An updated draft of a global corporate tax overhaul has dropped "at least" from a proposed minimum rate of "at least 15%",
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We're one millimetre from a corporate tax deal, France's Le Maire says

LONDON, Oct 6 (Reuters) - The world is one millimetre away from a deal on global corporate taxes and an agreement could be signed in Washington next week or at the G20, French Finance Minister Bruno Le Maire said on Wednesday. "I'm fully determined to pave the way for a consensus because we are one millimetre away from a global agreement on a new i
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UK's Johnson says inflation fears are unfounded

LONDON, Oct 5 (Reuters) - British Prime Minister Boris Johnson said on Tuesday that a recent jump in inflation would be solved by businesses following the laws of supply and demand as the economy "roars back to life" after its coronavirus lockdowns. "People have been worried about inflation for a very long time. I'm looking at, robust economic grow
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British military driving fuel trucks amid gas station crisis

PURFLEET, England, Oct 5 (Reuters) - British military personnel in fatigues were driving fuel trucks on Tuesday at a fuel depot in southern England, Reuters reporters at the scene said. Reporting by Hannah McKay, Gerhard Mey and Henry Nicholls; writing by Guy Faulconbridge; Editing by Kate Holton
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Is the UK in 1970's-style crisis? Johnson says: 'No'

LONDON, Oct 5 (Reuters) - Prime Minister Boris Johnson denied on Tuesday that Britain was in crisis due to a shortage of labour or that it was facing a 1970s-style inflationary spiral. Johnson said that businesses had mainlined on low-wage imported labour for nearly 25 years and that they should now pay their workers more and invest more. Asked by
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Is the UK in 1970's-style crisis? Johnson says: 'No'

LONDON, Oct 5 (Reuters) - Prime Minister Boris Johnson denied on Tuesday that Britain was in crisis due to a shortage of labour or that it was facing a 1970s-style inflationary spiral. Johnson said that businesses had mainlined on low-wage imported labour for nearly 25 years and that they should now pay their workers more and invest more. Asked by
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Inflation will abate as supply meets demand, says UK PM Johnson

LONDON, Oct 5 (Reuters) - Inflationary pressures will abate as supply improves to meet demand, British Prime Minister Boris Johnson said on Tuesday. Asked during an interview on LBC about the risks of inflation due to the government's push towards higher wages, Johnson said: "What you are seeing is demand, growing demand sucking in gas from Russia
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British military deliver fuel in gas station crisis

* Many gas stations closed - Reuters reporters * Is the UK in crisis? 'No', Johnson says * 127 drivers apply for fuel tanker visas - PM (Recasts headline and lead) By Henry Nicholls and Hannah McKay PURFLEET, England, Oct 5 (Reuters) - British military personnel in fatigues began delivering fuel on Tuesday to ease an acute trucker shortage that tri
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UK is at a turning point: we want rising wages, PM Johnson says

LONDON, Oct 5 (Reuters) - Britain's economy is at a turning point and the government welcomes rising wages but will not return to the old approach of low investment and low skills, Prime Minister Boris Johnson said on Tuesday. "What I don't think would be a good idea would be to go backwards to the kind of low wage, low investment, low skill approa
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UK's Johnson: 127 drivers applied for trucker visas

LONDON, Oct 5 (Reuters) - British Prime Minister Boris Johnson said on Tuesday that 127 drivers had applied for trucker visas amid a shortage of drivers that has strained supply chains to breaking point. Johnson told BBC TV that the haulage industry had only given the detail of 127 international drivers when given the chance to bring workers into B
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UK is at a turning point: we want rising wages, PM Johnson says

LONDON, Oct 5 (Reuters) - Britain's economy is at a turning point and the government welcomes rising wages but will not return to the old approach of low investment and low skills, Prime Minister Boris Johnson said on Tuesday. Reporting by Guy Faulconbridge, Editing by Paul Sandle
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UK pharmacies seeing some disruption to medicine deliveries

LONDON, Oct 4 (Reuters) - British pharmacies said on Monday they were seeing delays to deliveries of medicines in some areas and called on the government to ensure a robust contingency plan was in place to prevent deeper medicine supply problems. "Pharmacists and their teams have been working very hard to ensure patients have access to their medici
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