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Drug errors cause appalling harm and deaths, says Hunt

February 23, 2018

Drug errors in England cause appalling levels of harm and deaths, Health Secretary Jeremy Hunt says, as data suggests mistakes are being made. GPs, pharmacists, hospitals and care homes may be making 237 million errors a year – the equivalent of one mistake made for every five drugs handed out. The study said most caused […]

British Rail could be revived under Labour

Labour could bring back British Rail as part of its renationalisation plan, with shadow chancellor John McDonnell promising “full integration, as best we can” between track and train. Management of the network – track, signalling and major stations – was split from train operations during the break-up of British Rail in the 1990s. The network […]

China seizes control of insurance giant Anbang

Beijing has cracked down on insurance and financial giant Anbang, taking control of the conglomerate and prosecuting the firm’s head. Wu Xiaohui, who was already detained by authorities last June, is to face prosecution for “economic crimes”. In an unusual move, Anbang Insurance Group will now be taken over by China’s insurance regulator for one […]

RBS reports first profit in 10 years

Royal Bank of Scotland has returned to profit for the first time in a decade as it continues its recovery. Chief executive Ross McEwan told the BBC it was “a really symbolic moment.” The bank, which is majority-owned by the taxpayer, made an annual profit of £752m compared with a £6.95bn loss the year before. […]

Tech giants face new UK tax clampdown

Some of the world’s largest technology firms are facing hefty new bills as the UK government moves to fundamentally change the way they are taxed. Google and Facebook are braced for significant changes in the tax system after the Treasury told the BBC that a new tax on revenues was the “potentially preferred option”. It […]

Migration figures: Highest number of EU nationals leaving UK in a decade

February 22, 2018

The number of EU citizens leaving the UK is at its highest level for a decade with 130,000 emigrating in the year to September, figures show. But 220,000 EU nationals still moved to Britain over the same period, the Office for National Statistics found. It means net EU migration – the difference between arrivals and departures […]

Michael Gove tells water firms to clean up their act

Environment Secretary Michael Gove has warned water companies he is ready to give their regulator new powers if they cannot address public concerns over prices, leaks, executive pay and payments to shareholders. Mr Gove has written to Ofwat, the water regulator, asking it to investigate each of the areas. He told the BBC that he […]

Barclays takes £127m hit from Carillion collapse

The collapse of outsourcing giant Carillion has cost Barclays £127m. The charge was one of a number of hefty one-off costs contained in Barclays’ latest results. Last year, the bank lost £2.5bn related to the sale of Barclays Africa Group and a £900m charge related to changes in US tax rules. Including those costs the […]

UK economic growth revised downwards

The UK economy expanded by less than previously thought in the last three months of 2017, official figures say. GDP grew by 0.4% in the October-to-December period, the Office for National Statistics (ONS) said, down from the initial estimate of 0.5%. The revision was due to slower growth in production industries, the ONS said. In […]

Florida shooting survivors rally for stricter gun controls

February 21, 2018

Around 100 students made the bus journey of more than seven hours to reach Florida’s capital Survivors of a Florida school shooting that left 17 people dead have travelled to the state capital to press lawmakers to take more action on gun control. About 100 students arrived in Tallahassee hours before the state legislature rejected […]

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