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Work coaches to focus on long-term unemployed

Ministers, facing potential cuts of billions of pounds from the welfare budget, have announced plans to use 1,000 work coaches to help the long-term unemployed into work. The coaches are already employed by job centres but will be redeployed to focus on tackling economic inactivity, said the Department for Work and Pensions (DWP). It said […]

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Trump tariffs: Mexico given month-long reprieve

US President Donald Trump has said Mexico will not be required to pay tariffs on goods that come under the trade pact between the two countries and Canada until 2 April. Trump has not confirmed if the suspension also applies to Canada, but its northern neighbour is expecting an exemption of the “same nature”, a […]

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European Central Bank cuts eurozone interest rates

The European Central Bank (ECB) has cut interest rates for the sixth time in nine months as it seeks to bolster eurozone economic growth. The bank stuck to its plan to lower rates in the face of economic challenges, including threats of US tariffs and plans to boost European military spending. The ECB cut its […]

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Poundland could be put up for sale as taxes rise, owner says

Poundland’s owner has said it is considering putting the chain up for sale after warning tax changes coming in April will put more pressure on the business. The discount chain has 825 UK stores but sales were down this January and February, its Polish owner Pepco Group said. A rise in employer National Insurance (NI) […]

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