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M&S Says Sorry Over Alcohol Refusal

M&S Says Sorry Over Alcohol Refusal

Marks & Spencer has apologised after a Muslim member of staff refused to sell alcohol to a customer.

The retailer said that when employees have religious beliefs that restrict what foods or drinks they can handle, it tries to place them in a “suitable role”.

An M&S spokeswoman said: “We regret that in the case highlighted we were not following our own internal policy.”

The issue arose after an unnamed customer at a London store told the Telegraph read more

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Christmas Shoppers To Spend £12bn In Four Days

Christmas Shoppers To Spend £12bn In Four Days

Shoppers are expected to spend £12bn in just four days as they make the most of slashed prices and promotions, according to retail forecasters.

The deals are being offered as a fierce battle for sales rages both on the high street and online.

Alan Dadswell relies on Christmas to keep his shop Toys ‘N’ Tuck in Southend-on-Sea going and he says discounts are crucial.

He said: “To get people to spend the money they have got read more

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Bank of England: Interest Rates Could Remain Frozen For Another Three Years

Bank of England: Interest Rates Could Remain Frozen For Another Three Years

Bank of England: Interest rates could remain frozen for another three years

Interest rates could remain frozen at record low levels for another three years, the Bank of England said today.

New Governor Mark Carney announced the bank was unlikely to raise rates until the end of 2016, at the earliest.

The guidance is designed to reassure households and businesses about future borrowing costs read more

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Economy Figures Set To Show ‘Positive Growth’

Economy Figures Set To Show ‘Positive Growth’

Data is due to show the economy grew by around 0.5% over April, May and June – but analysts say the recovery is still fragile.

Economists are predicting good news when the first estimate of economic growth during April, May and June is revealed next week.

Analysts expect the Office for National Statistics to say that the economy grew by around 0.5% when it reveals its preliminary estimate for Q2 GDP on Thursday.

They point to several important economic read more

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The UK Motor Industry Gets £1bn

The UK Motor Industry Gets £1bn

Britain’s motor industry is to receive more than £1bn in new funding over the next decade to improve its global competitiveness.

The joint UK motor industry and Government automotive strategy has agreed to the deal to help secure the growth and development of the vehicle and component manufacturing sector.

This new funding supports multi-billion pound investments announced in the last few years by global automotive companies to boost production levels and develop new technologies and models.

Developed read more

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Pay Increases for MPs

Pay Increases for MPs

WAGES for MPs look poised to rise by more than £6,000 a year.

Commons expenses watchdog the Independent Parliamentary Standards Authority (IPSA) has launched a public consultation on proposals to increase their pay to £74,000 in 2015.

MPs currently receive just over £66,000, but that was already due to rise to £67,000 next April, with a further one per cent rise the following year, meaning IPSA’s recommendation amounts to a total read more

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How A Big Pay Rise For MPs Can Be Justified

How A Big Pay Rise For MPs Can Be Justified

Are MPs really worth £74,000 a year? Sky News sets out the arguments for and against giving MPs a huge wage increase.

Handing politicians a pay rise when ordinary Britons face austerity is bound to be a hard sell but some of the arguments in favour are hard to ignore.

The Independent Parliamentary Standards Authority (Ipsa) has suggested a massive 11% hike to £74,000 and will now put the plan out for consultation.

The prospect of an increase in 2015 comes as taxpayers, read more

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Royal Mail Privatisation Plans To Be Announce

Royal Mail Privatisation Plans To Be Announce

  • Posted: Jul 10, 2013
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 The Government is to set out one of the biggest privatisation plans in decades, valuing the company at an estimated £2.5bn

Iimage Royal mailThe process of selling off the Royal Mail begins today with the promise of free shares for workers weighed against fears about layoffs and higher postage costs.

Business Secretary Vince Cable will outline details of the flotation to MPs in the Commons at 12.30pm.

He will be hoping the offer of shares worth £2,000 each to its 150,000 staff, as read more

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Bank of England Governor Just Two Days Into The Job

Bank of England Governor Just Two Days Into The Job

  • Posted: Jul 03, 2013
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Mark Carney says he shares concern that replacing Elizabeth Fry with Winston Churchill on £5 note will leave no female faces

Just two days into the job, the new governor of the Bank of England has added his voice to the campaign to make sure a female face stays on English banknotes.

Mark Carney said he understood the concerns about the loss of a female character on English banknotes and promised a final decision by the end of the month.

Apart from the Queen, women are set to disappear read more

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New Bank Of England Governor Mark Carney

New Bank Of England Governor Mark Carney

  • Posted: Jul 01, 2013
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Mark Carney is hailed as “the outstanding banker of his generation” but has his work cut out after replacing Mervyn King.

Mark Carney has become one of the most powerful central bankers in the world after taking the reins at the Bank of England.

The Canadian has replaced Sir Mervyn King amid mounting expectation of a more activist stance towards monetary policy as the BoE looks to keep the UK recovery on track.

Hailed as the “outstanding read more

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