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Why Andy Burnham will find it so tricky to unite Britain

by News Feed Editor | Jul 21, 2026 | Business

Britain confronts a complex landscape of social fragmentation that extends beyond traditional class divisions, according to recent analysis. The primary contemporary faultline appears to center on values, pitting progressive perspectives against social conservative...

AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods

by News Feed Editor | Jul 21, 2026 | Business

The European Commission imposed a €550m penalty on AliExpress, marking the largest fine issued under Digital Services Act legislation. The enforcement action addressed the platform’s systematic failure to prevent illegal products from being sold to consumers,...

JP Morgan boss warns of ‘consequences’ if Burnham taxes banks

by News Feed Editor | Jul 21, 2026 | Business

Jamie Dimon, chief executive of JP Morgan, has cautioned against raising tax rates on banks, arguing such measures could have negative consequences for the UK economy and potentially affect his company’s investment plans.Dimon made his remarks on a podcast...

UK employers cut job vacancies as Burnham aims to lift living standards

by News Feed Editor | Jul 21, 2026 | Business

Official statistics released this month revealed a significant contraction in available job openings across the United Kingdom during the three-month period ending in May. The number of vacancies decreased to 712,000, representing a substantial decline from levels...

Mitie agrees £3.1bn takeover by OCS in blow to London stock market

by News Feed Editor | Jul 21, 2026 | Business

Mitie, a major outsourcing firm specializing in facilities management and government contracting, has accepted a takeover offer from OCS Group valued at £3.1bn. The board of Mitie recommended that shareholders approve the cash offer of 221.6p per share, representing a...

UK borrows less than expected as Healey vows to ‘buffer against uncertainty’

by News Feed Editor | Jul 21, 2026 | Business

The UK government’s public sector net borrowing totaled £16bn in June, a figure that came in below economist predictions and represented a £7.9bn decline compared to the same month in the previous year. The Office for National Statistics attributed the...
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