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Health the biggest risk to UK finances

The UK’s fiscal watchdog has said health costs are the biggest risk to the government’s spending plans.The Office for Budget Responsibility’s (OBR) says the UK faces the challenge of an ageing population and the high cost of technological advances.It also says: “Lifting current limits on public sector pay increases …

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5 Strategies for Franchise Leadership Development

Image credit: GaudiLab | Getty Images Reader Resource Apply now to be an Entrepreneur 360™ company. Let us tell the world your success story. Get Started » In my most recent article, I identified the five primary departments that make up every business: leadership, finance, operations, marketing and technology. The …

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Lenders scaling back zero-balance card deals

Credit card offers that allow consumers to transfer balances interest free are being scaled back as banks and building societies tighten borrowing rules, a Bank of England survey showed. It found that lenders expected the length of interest-free periods on such transfers to decrease in the coming three months …

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Burberry bloodied by shareholder pay revolt

Burberry shareholders have staged another protest against executive pay at the luxury firm, three years after its strategy was voted down. The FTSE 100 firm’s chairman, Sir John Peace, was forced to defend a string of awards at its annual general meeting, including a near-doubling in the total package …

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Formula 1 signs Snapchat deal ahead of British Grand Prix

Formula 1 motor racing has signed a global deal with mobile app Snapchat to create exclusive content from its upcoming grand prix races.The deal marks F1’s first commercial tie-up with a major digital service that appears on mobile devices first.The partnership will kick-off this weekend, with coverage of the …

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Facebook Messenger gets adverts added to app

Facebook is rolling out ads globally to the home page of its Messenger app.The move follows tests of the feature in Australia and Thailand.But Facebook is still describing the facility as being in “beta”, indicating it may still tweak the service.Last month, chief executive Mark Zuckerberg told shareholders he …

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FCA preparing 'for hardest of hard Brexits'

The chairman of the City watchdog has told financial services chiefs that it is preparing for “the hardest of hard Brexits”, reinforcing industry concerns that thousands of British jobs may be shifted abroad. Sky News has learnt that John Griffith-Jones made the remark about the possibility of a ‘cliff-edge’ …

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AstraZeneca leads FTSE 100 lower

Shares in drugs giant AstraZeneca have fallen following a report that its chief executive, Pascal Soriot, is to leave to company to join Israel-based Teva Pharmaceutical Industries.The report, on the Calcalist financial news website, pushed AstraZeneca’s share price down 3.7% in early trade.That made it the biggest faller on …

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