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UK govt departments face £2bn in spending cuts despite tax rises - IFS
UK government departments face deep budget cuts of more than £2bn even as Finance Minister Rishi-Sunak increases taxes to their highest peacetime level, a leading financial thinktank said on Tuesday.
EasyJet ramps up Q1 capacity as FY losses hit £1bn
Low-cost airline easyJet said it expected to post annual losses of more than £1bn due to the Covid pandemic, but added that it turned cash positive in the final quarter of the financial year driven as demand improved.
Europe midday: Shares narrow losses but inflation jitters persist
European stocks narrowed losses at midday on overcoming as weak US markets and news of China Evergrande missing a third bond payment hit sentiment.
Europe open: Shares downbeat as Evergrande, inflation woes hit sentiment
European stocks headed back into negative territory at the opening on Tuesday as weak US markets and news of China Evergrande missing a third bond payment hit sentiment.
Entain Q3 revenues rise as Covid curbs eased
UK gambling firm Entain said third quarter revenue rose, with in-shop volumes improving as Covid lockdown measures were lifted.