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Competition watchdog to name Coscelli as CEO

The acting chief of Britain’s competition watchdog will be appointed as its permanent boss this week, ending a year-long vacancy for a role likely to be made more complicated by Brexit. Sky News has learnt that Andrea Coscelli will be named on Wednesday as the Competition and Markets Authority’s …

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Trump working on 'very big' trade deal with UK

Donald Trump has said he is working on a “major” post-Brexit trade deal with the UK that could be “very big”. The announcement in a tweet came as International Trade Secretary Liam Fox is visiting Washington to prepare the ground for possible US-UK trade agreements after Britain leaves the …

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Amazon optimistic over Brexit amid UK expansion

Amazon is doubling the number of research and development (R&D) specialists it is looking to recruit in London, saying it is “very optimistic” Brexit will not hamper access to talent. The company said it was now aiming to hire 900 R&D workers for its UK headquarters in Shoreditch, including …

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Acacia Mining rejects $190bn Tanzanian tax bill

Gold miner Acacia has been hit with a demand for $190bn in unpaid taxes to Tanzanian authorities in a row it has called “inaccurate and unexplainable”.The demand follows a finding by government-appointed committees that the firm was operating illegally and had understated its gold exports.Acacia’s website says that it …

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Plans to ban leaseholds on new-build houses in England

“Unfair charges” levied on buyers of new-build houses could be banned in England under a proposed crackdown.Leaseholds on new-build houses would be outlawed, while ground rents could be dramatically reduced, under government plans subject to public consultation.Ground rents can double every decade, crippling home owners and in some cases …

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Crossrail 2: Support by government 'outrageous' after northern snub

Government support for a new London rail line after scrapping projects in Wales and the north of England has been described as “frankly outrageous”. Greater Manchester mayor Andy Burnham said there would be “widespread anger” at the decision to back the railway line, which will run through London. Liverpool …

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