Rail fares to rise by 2.8% in January

The latest increase will add more than £100 to many annual season ticketsRail fares will rise by a further 2.8% in January, it has been confirmed, amid warnings from campaign groups and unions that ever higher train fares risk driving passengers off th…

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Britons’ fear of unemployment spikes in last five years

ONS survey reveals increasing job insecurity as Brexit looms and risks of recession mountBritish households are more worried about losing their jobs than at any time in the past five and a half years, according to official figures, in a sign of the pre…

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Recession fears grow as UK economy shrinks on back of Brexit chaos

A 0.2% contraction between April and June is first fall in GDP in six and a half yearsBusiness live blog – pound weakens as economy contractsFears that the UK could be heading for its first recession in a decade have been stoked by grim official figure…

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London house prices fall at fastest rate in 10 years

It is the biggest plunge since the 7.0% annual drop recorded in August 2009, says ONSHouse prices in London have fallen at their fastest pace since the financial crash a decade ago as the capital bears the brunt of the nationwide torpor in the property…

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Little hope for a summer bounce as no-deal fears drag down GDP growth

The economy expanded just 0.3% in May, and a slump awaitsOne swallow doesn’t make a summer, so the old saying goes. For the warm middle months of the year, the British economy looked remarkably frosty, chilled by fears over a no-deal Brexit, until the …

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UK economy returns to growth as carmakers end Brexit shutdown

GDP rose by 0.3% in May from a month earlier, says Office for National StatisticsThe British economy pulled out of a one-month downturn to return to growth in May as carmakers resumed production in the wake of shutdowns for the original Brexit deadline…

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Britain’s ethnic pay gap: workers of Bangladeshi heritage paid least

Campaigner says ‘race still dictates how much you get paid in this country’ Workers of Pakistani or Bangladeshi heritage have the lowest median hourly pay of any ethnic group, in the latter case earning 20.1% less than white British workers, the first …

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