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Global growth back at pre-crisis levels, says World Bank

Image copyright Getty Images The World Bank says global economic growth is likely to speed up this year, after a stronger than expected 2017. The bank’s new forecast is that the world economy will expand by 3.1% this year before slowing slightly. It will be the first time since the …

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M&S outsources half of its tech jobs

Image copyright Getty Images Marks and Spencer has said it will outsource over half of its IT team in a move aimed at saving £30m a year. Around 250 roles from its current 430-strong IT team will be transferred to Indian tech giant Tata Consultancy. M&S said all staff involved …

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Trump to attend Davos economic conference

Image copyright Getty Images US President Donald Trump reportedly plans to attend the World Economic Forum in Davos, an annual January get-together of the global business elite. The president’s spokeswoman said he would promote policies to strengthen “American businesses, American industries, and American workers.” Chinese President Xi Jinping participated in …

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Awks: Can your social media profile kill your job prospects?

Image copyright PA Image caption Toby Young’s Twitter feed proved destructive Toby Young has resigned from the board of a new university regulator after more than a week of criticism over controversial comments he made on social media. He is a journalist, his views are well known, but the comments …

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Byron may close some outlets as part of a restructuring

Image copyright PA Burger chain Byron could close up to 20 restaurants as part of a financial rescue proposal. Accountancy firm KPMG, which is handling the restructuring, confirmed the plan, which would also involve cutting rent payments at other outlets. Any deal would need approval from Byron’s creditors, with a …

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Virgin West Coast train firm to stop selling Daily Mail

Image copyright PA Image caption Richard Branson is the founder of Virgin Virgin Trains has announced that it is going to stop selling the Daily Mail newspaper on its West Coast trains. A spokesperson for Virgin said it regularly reviewed products sold on its trains, adding that “after listening to …

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Airbus to increase aircraft production in China

Image copyright Getty Images Airbus has struck a deal to increase the number of planes it makes in China as part of a state visit by French President Emmanuel Macron. The European giant aims to produce six of its A320 jets each month by 2020 at its final assembly plant …

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Just Eat criticised over service charge

Image copyright fergusburnett.com Takeaway food app Just Eat is being criticised after introducing a 50p service charge on all its orders. Previously it levied a 50p surcharge on debit and credit card payments. But from Saturday 13 January, all card surcharges will be banned when a new European directive comes …

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Japan's Nikkei index hits 26-year high

Image copyright EPA The Nikkei index of 225 leading Japanese shares reached its highest level for 26 years at the end of trading on Tuesday. It added 0.6% to its value to end at 23,849.99 when the markets reopened following a holiday on Monday – its highest level since November …

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Bitcoin blip

Image copyright Getty Images Bitcoin’s eye-watering price surge over the past year is proving too tempting to resist despite fears that cryptocurrencies are a bubble floating towards an inevitable burst. One group for whom it holds particular appeal is African millennials, writes the BBC’s Catherine Byaruhanga from Uganda. Thirty year-old …

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