UK government borrowing falls more than expected

Image copyright Getty Images Public sector borrowing fell to £5bn in May, down £2bn from a year earlier, official figures show. The fall was bigger than expected and brings borrowing

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Daimler expects lower 2018 earnings due to new tariffs

Image copyright Getty Images Carmaker Daimler has said it expects lower earnings this year amid a growing trade spat between the US and China. It foresees lower-than-expected sales of Mercedes-Benz

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Eighty tonnes in a single scoop: Mega-mining iron ore

Image copyright Getty Images Image caption Australia is the world’s largest producer of iron ore It is the rock that has fortified Australia’s recession-defying economy. Iron ore has helped to

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Instagram longer videos: How new IGTV feature will work

Image copyright Instagram Instagram has released a long-form video feature which allows users to post hour-long clips. IGTV lets users create content exceeding the current maximum 60-second clip limit for

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Disney increases bid for Murdoch’s Fox assets

Image copyright Getty Images Disney has increased its offer for 21st Century Fox to $71.3bn in cash and shares, up from an earlier $52bn offer. The move values Fox at

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Gambling firm hit with £2m penalty

Image copyright Getty Images Online gambling operator 32Red has been hit with a £2m penalty for failing to protect a problem gambler. The customer had been allowed to deposit £758,000

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General Electric drops out of Dow index

Image copyright Getty Images General Electric is losing its place on the Dow Jones Industrial Average after more than 100 years in a move that reflects a fall in the

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Trump tariffs: Markets fall as trade war fears mount

Image copyright Getty Images Stock markets have fallen around the world in the wake of President Trump’s latest tariffs threat to China. The Dow Jones was down more than 300

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Water firms failed customers during ‘Beast from the East’

Image copyright Getty Images Some of the UK’s biggest water companies did not support customers properly during this winter’s Beast from the East snow chaos, causing “significant hardship”, Ofwat has

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KPMG’s audit work unacceptable, says watchdog

Image copyright Reuters The auditing work of one of the world’s “Big Four” accounting firms has been sharply criticised by the industry’s watchdog. KPMG audits had shown an “unacceptable deterioration”

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