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Press Round-Up Short (Premium)
30 Jun
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Sunday newspaper round-up: Trump and Kim, G-20, Boris’ Brexit

President Trump became the first United States leader to enter North Korea this morning, during a hastily arranged meeting with Kim Jong-un at the country’s tense border with South Korea.

28 Jun
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Friday newspaper round-up: Woodhouse, Glencore, retailers, online fashion

Seven investors, who ploughed their savings into businesses owned by the embattled financier Gavin Woodhouse, have applied to the high court to have four of his companies taken into administration. The move comes a day after an undercover investigation by the Guardian and ITV News highlighted questions about the business interests of Woodhouse, who has raised millions of pounds from private investors but whose firms have a multimillion-pound “black hole”. – Guardian.

27 Jun
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Thursday newspaper round-up: United Airlines, Starbucks, Jeremy Hunt, housebuilders

United Airlines has become the latest carrier to extend its ban on using the Boeing 737 Max after the US aviation regulator said it had identified a new potential risk with the plane. As the Federal Aviation Administration said on Wednesday that Boeing must address the new issue before the jet can return to service, United joined American and Southwest in continuing to ground the plane through August. – Guardian.

26 Jun
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Wednesday newspaper round-up: Ikea homes, robots, Lookers, Credit Suisse

Homebuyers in a town where properties typically cost almost 12 times local salaries may soon have a low-cost option from Ikea after a UK council agreed to work with an affordable housing developer co-owned by the retailer. Worthing council has signed up with BoKlok, a company jointly owned by the Swedish retailer and construction firm Skanska which specialises in factory-built housing that can be constructed at a low cost. – Guardian.

25 Jun
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Tuesday newspaper round-up: Tax cuts, Monzo, FirstGroup, climate change

Britain’s foremost tax and spending thinktank has said that Boris Johnson’s promise to cut taxes for millions of higher earners would cost £9bn and benefit the richest 10% of households in Britain most. The Institute for Fiscal Studies (IFS) said the proposal by the frontrunner in the Conservative leadership race was expensive and potentially incompatible with the Tories’ promise to end austerity and safely manage the public finances. – Guardian.

24 Jun
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Monday newspaper round-up: Brexit, Aston Martin, mobile operators, RBS

Most forms of Brexit will worsen the country’s finances and reduce space for new initiatives to address child poverty, social care and left-behind communities that some argue drove the Brexit vote, a report has found. Academics at the UK in a Changing Europe thinktank found a positive outcome depended on politicians being able to move on from the Brexit impasse and focus on longer-term challenges including productivity, regional imbalances and democratic reform.

21 Jun
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Friday newspaper round-up: Monsoon Accessorize, Woodford, Slack, Facebook currency

Monsoon Accessorize is asking landlords to reduce rents on more than half its 258 leased stores in return for a £10m share of profits and an £18m interest-free loan to keep the company afloat. The multi-millionaire owner, Peter Simon, has also promised to halve the £5m rent on the fashion business’s London head office, which he owns, to help reduce costs. – Guardian.

19 Jun
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Wednesday newspaper round-up: Debt, tax havens, FCA, cyberattack

People struggling with serious debt are to benefit from a new two-month “breathing space” during which they cannot be hassled by debt collectors and bailiffs, the government has said. During the 60-day period, those eligible will be protected from enforcement action from creditors, and will also see their interest, fees and charges frozen. – Guardian.

19 Jun
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Wednesday newspaper round-up: Second referendum, Boris Johnson, Federal Reserve

Jeremy Corbyn will back a move today for Labour to change its Brexit policy and support a second referendum in all circumstances. The shadow cabinet is due to discuss the plan to make Labour’s stance decisively pro-Remain. A paper drawn up by Andrew Fisher, Mr Corbyn’s head of policy, recommends that Labour support a second referendum on any deal negotiated with Brussels. A senior Labour source confirmed that Mr Corbyn was endorsing the shift in policy, adding: “It is a moment.

18 Jun
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Tuesday newspaper round-up: Gambling ombudsman, Heathrow, Nationwide, Saudi Aramco

Labour would set up a new gambling ombudsman to protect consumers, deputy leader Tom Watson will say on Tuesday, citing a string of scandals that have raised concerns about “predatory” practices in the industry. In a speech at the thinktank Demos, Watson will unveil the latest plank of a plan to overhaul betting regulation via a new Gambling Act, following a party review published last year. – Guardian.

17 Jun
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Monday newspaper round-up: Brexit, climate crisis, UK aerospace

Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group. After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021. – Guardian.

14 Jun
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Friday newspaper round-up: No-deal Brexit preparations, Kier, Huawei

Britain’s businesses are being urged to step up their preparations for a no-deal Brexit amid signs that Theresa May’s successor could be prepared to leave the EU without a deal at the end of October. The Institute of Directors – one of the UK’s employers’ groups – said its members had so far failed to take advantage of the seven-month delay to Brexit and warned that companies should not put faith in politicians to produce an agreement. – Guardian.

13 Jun
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Europe open: Stocks move higher on the back of gains for Oil&Gas shares

European stocks are recovering from early selling, with Oil&Gas shares pacing gains following reports that the crews of two tankers in the Sea of Oman were evacuated after being put ablaze.

13 Jun
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Thursday newspaper round-up: Help-to-buy, fossil fuel, Woodford, Facebook

More than half of people using the government’s help-to-buy loan scheme could have purchased a home without support from the state, according to Whitehall’s spending watchdog. In a critical report into the government’s flagship scheme to help more people get on the property ladder, the National Audit Office said about three-fifths of buyers could have bought a home without the support. - Guardian.

12 Jun
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Wednesday newspaper round-up: Mobil, FTSE 100 bosses, Arcadia

More than 5 million workers across Britain are in low-paid and insecure work, leaving families struggling to make ends meet, according to a campaign calling for more firms to offer guaranteed hours to their staff. According to research published by the Living Wage Foundation, workers in Wales, the north-east and West Midlands experience the highest rates of low-paid insecure work in the country. – Guardian.

11 Jun
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Tuesday newspaper round-up: Woodford, Amazon, AstraZeneca, Brexit

MPs have asked the City regulator to publish details of its contact with Neil Woodford and raised concerns that the Financial Conduct Authority may have been asleep at the wheel as the fund manager tumbled into crisis. The Treasury select committee wants the Financial Conduct Authority to “set out the detail of its supervisory contact” with the Woodford Equity Income Fund. It also wants to know whether the watchdog plans to launch a formal investigation of the events that led to investors being blocked from cashing out their investments and to explain “how long such a suspension should be”.

10 Jun
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Monday newspaper round-up: Johnson tax promise, Allied Minds, small businesses

The government has been taken to task by its own MPs for sending billions of pounds overseas to help build power plants that burn fossil fuels while claiming a climate victory on home soil. The environmental audit committee said the UK is sabotaging its climate credentials by paying out “unacceptably high” fossil fuel subsidies to developing nations, while claiming to lead world in tackling the climate crisis. It called on ministers to stop by 2021 using taxpayer funds to lock poorer nations into a fossil fuel future.

07 Jun
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Friday newspaper round-up: Huawei, Ford, Renault-Fiat

China’s Huawei Technologies needs to raise its “shoddy” security standards which fall below rivals, a senior British cyber security official said on Thursday, as the company came under increasing pressure internationally. The US has led allegations that Huawei’s equipment can be used by Beijing for espionage operations, with Washington urging allies to bar the companyfrom 5G networks. – Guardian.

06 Jun
Thursday newspaper round-up: Ford, Autonomy, ITV, Ghosn

Ford is planning to close its Bridgend engine plant, with the likely loss of about 1,700 jobs, in the latest blow to the embattled British car industry. The company is meeting workers’ representatives at the south Wales plant on Thursday. A source with knowledge of the process said the plant would shut down. – Guardian.

05 Jun
Wednesday newspaper round-up: Arcadia, Sainsbury's boss, Woodford, NSF

Sir Philip Green has agreed to pump an additional £25m into Arcadia Group’s pension fund, in a deal with regulators that could pave the way for a rescue restructure of his fashion retail empire. Arcadia Group has handed security over additional property assets to the fund in response to a demand from the Pensions Regulator that the former billionaire inject another £50m to fill the group’s pension black hole. - Guardian.