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UK trade deficit widens in December

A rise in oil prices and higher imports contributed to a widening of the UK’s goods trade deficit in December, reports BBC. The gap between exports and imports rose to £13.6bn, the Office for National Statistics (ONS) said, which was higher than analysts’ forecasts. Separate ONS data showed industrial output experienced its biggest fall since 2012, largely due to the ...

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Energy firms could get welfare data

Details of people on state benefits could be handed to energy firms so they can give them special rates. The plan, under consideration by the government, is intended as a new approach to help people who are struggling to pay their energy bills. It would allow power companies to transfer customers to a special tariff set by the regulator, Ofgem. ...

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US stocks swing back to gains, Dow up 330 on turbulent day  

A late-afternoon rally reversed steep losses for U.S. stocks Friday, lifting the Dow Jones industrial average more than 300 points and capping a turbulent week on Wall Street that left the market with its steepest weekly slide in two years. The big point swings that pummeled stocks reflected a return of volatility after an unprecedented period of calm. Until this ...

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NO “PLASTIC” in ELEPHANT ATTA

Elephant Atta and Westmill Foods are aware of films circulating the internet and social media that suggest that Atta flour could contain plastic. Food safety and the enjoyment of customers who love our products is our absolute priority and we take any customer concerns very seriously. With that in mind, we’re 100% confident that what is shown in these videos ...

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The British Bangladeshi Caterers Association – AGM 2018, Election results & new committee declaration

The British Bangladeshi Caterers Association (BBCA) Annual General Meeting took place on Sunday, 28th January, 2018, at the Impressions Banqueting Hall in West Ham, East London. On top of the general day-to-day reports provided by the outgoing President, Eafor Ali and Secretary General, Shahanoor Khan, a specially-commissioned commemorative plaque was presented to all Founder members present at the event as ...

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Here we go again… UK Prime Minister urges nerds to come up with magic crypto backdoors

UK Prime Minister Theresa May has reiterated calls for a special magic version of encryption to be developed by technologists so law enforcement can access everyone’s communications on demand – and somehow engineer it so that no one else can abuse this backdoor. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, May today talked extensively about the benefits ...

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UK economic growth exceeds forecasts, ONS says

The UK economy expanded by a better-than-expected 0.5% in the last three months of 2017, official figures say. Economists had expected a 0.4% expansion in the three months to December. However, the Office for National Statistics (ONS) said the broader picture was “slower and more uneven” growth. In 2017 as a whole, growth was 1.8% compared with 1.9% in 2016 ...

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Thousands of jobs at risk at Sainsbury’s

Thousands of shop floor jobs are at risk as part of a major shake-up at Sainsbury’s. The supermarket chain is changing the way it manages its stores across the UK and scrapping some management posts. Sainsbury’s would not confirm the number of employees affected by the move but said it was “in the thousands”. On Monday, the UK’s biggest supermarket ...

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South Korea to start real-name trading of crypto currency 

South Korea plans to require local banks to launch a real-name system for crypto currency trading that will require the up-to-now anonymous transactions be traceable as the country seeks to curb speculation and criminal activities. Financial Services Commission Vice Chair Kim Yong-beom said at a press briefing Tuesday that the new measures, to take effect next week, will prevent foreigners ...

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Inaugural Asian Restaurant and Takeaway Awards launches National Nominations

    Parliament plays host to public call to nominate favourite local Asian eateries for pioneering award ceremony House of Lords played host to the nominations launch for the inaugural Asian Restaurant and Takeaway Awards (ARTA), the most prestigious celebration of South Asian cuisine in the UK, on Wednesday 10th January. ARTA will pay homage to the achievements of the British Asian catering industry at the ...

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