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Republican tax bill is 'government for sale', say Democrats

Media playback is unsupported on your device Democrats have labelled the Republican tax bill “government for sale” as Congress sent the historic measure to the president’s desk.Donald Trump is expected to sign his first major legislative achievement – the biggest rewrite of the US tax code in a generation …

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EU says Brexit transition to end by 31 December 2020

A “transition period” after the UK leaves the EU should not continue beyond 31 December 2020, Brussels says.This would put a 21-month limit on the temporary arrangement – the UK says it should last for about two years.And some business groups have called for a much longer transition period …

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Brexit: Be more patriotic about cheese, says Michael Gove

Michael Gove has hit back at claims the price of cheddar cheese will go up by 40% if Britain leaves the EU without a trade deal.The environment secretary said that would not happen if consumers started buying more British cheddar.”I am deeply concerned about your unpatriotic attitude towards cheese,” …

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Estate agents stretching the facts, say regulators

Estate agents are being warned to tell the truth on property adverts, after regulators said some of them were “stretching the facts”.The Committee of Advertising Practice (CAP), which writes the rules, said it would take enforcement action if things did not improve in 2018.It said any estate agent that …

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IMF downgrades UK growth forecast on Brexit uncertainty

The IMF has cut its UK economic growth forecast, blaming Brexit uncertainty.The Fund expects growth of 1.6% this year, down slightly from its previous forecast of 1.7%. It expects growth to slow further next year, to 1.5%.IMF chief Christine Lagarde said uncertainty over the Brexit deal was causing UK …

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Eni and Shell on trial in Italy over Nigeria 'corruption'

Two global oil giants, Eni and Shell, are to stand trial in Italy over allegations of corruption in Nigeria. The case involves the purchase of an offshore oil block in Nigeria for $1.3bn (£1bn) in 2011. The companies deny wrongdoing, saying they acquired the rights in accordance with Nigerian …

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