US economy smashes forecasts with 266,000 new jobs in November – business live

America’s non-farm payroll has surged by the most in 10 months, in a boost for the economy….and Donald TrumpLatest: US non-farm payroll beats forecastsJob creation up, unemployment rate downEarlier: UK house prices up 1% in NovemberIntroduction: Germ…

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French workers cherish their welfare state. That’s why they’re striking | Cole Stangler

Macron’s proposed retirement reforms are his latest attempt to erode the safety net. Tomorrow the people are fighting backIt’s shaping up to be one of France’s biggest strikes in recent memory. Responding to calls from unions to protest against the gov…

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Sterling soars against dollar as traders bet on Johnson election win

Pound hits highest level since May as opinion polls give Tories 11% lead over LabourThe pound raced to a seven-month high against the dollar on Wednesday as City traders bet that Boris Johnson was on course for victory in the general election.Sterling …

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The IFS raises a far better question on Labour’s renationalisation plans | Nils Pratley

Key issue is how well assets such as railways and energy would run under public ownership, not the costThe Institute for Fiscal Studies is asking the right question about Labour’s nationalisation plans. The key issue is how well the assets would be run…

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The Guardian view on Boris Johnson’s poverty plan: spread it widely? | Editorial

Mr Johnson once thought ‘destitution on a Victorian scale’ might be a good thing. With Tory policies he may yet deliver such a dystopiaDid Boris Johnson watch Channel 4’s documentary Growing Up Poor? He should have. The film is a seminal moment in tele…

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IFS warns Labour renationalisation may delay low-carbon economy

Thinktank warns of significant short-term disruption given importance, cost and complexity of target industriesLabour’s plan to renationalise large chunks of the economy risks years of disruption that could delay Britain’s transition to a low-carbon ec…

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US threatens tariffs on French cheese, handbags and lipstick

Trump targets $2.4bn in French imports amid plans to restore tariffs on Brazil and ArgentinaThe Trump administration is proposing tariffs on up to $2.4bn-worth of French imports, including Roquefort cheese, lipstick, handbags and sparkling wine, in ret…

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