Just a quarter of Britons back Hague arming rebels in Syria

Military already overstretched with conflicts in Iraq and Afghanistan, poll suggestsLess than a quarter of the public believes that the government should arm the rebels in Syria, according to a poll in the wake of Britain’s support for the lifting of an arms embargo.Just 24% back giving weapons or military supplies to the forces fighting […]
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Eurozone unemployment hits new high with quarter of under-25s jobless

Overall eurozone unemployment rose to 12.2% in April, with young jobless rate up slightly at 24.4% from 24.3% in MarchEurozone unemployment has hit a fresh high with young people the hardest hit as now almost one in four under-25s are out of work in the crisis-stricken currency bloc.Eurozone unemployment rose to 12.2% for April, an […]
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Parliament too alcohol fuelled, say MPs

Alcohol Concern survey of 150 MPs from all parties finds one in four believes parliament has an unhealthy drinking cultureOne in four MPs thinks parliament, where the price of alcohol is subsidised, has an unhealthy drinking culture.A cross-party survey of 150 MPs reveals that 39 (26%) believe there is too much drinking in Westminster. Female […]
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Dixons enjoys sales boost after collapse of rival companies

Owner of Currys and PC World says half its like-for-like sales growth in last quarter came from former Comet customersDixons has seen a significant boost in sales thanks to the collapse of its rivals Comet, Jessops and HMV.The retailer, owner of Currys and PC World, said half its 13% growth in like-for-like sales for the […]
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Number of first-time buyers taking on mortgages jumps 20%

Council of Mortgage Lenders says 19,100 home loans advanced to new buyers in March, up from 15,900 in FebruaryAmid signs that banks and building societies are becoming increasingly willing to offer larger loans, the number of first-time buyers taking on mortgages leapt by 20% in March, the Council of Mortgage Lenders has said.A total of […]
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IAG losses widen as Iberia’s problems wipe out progress at British Airways

Spanish airline battles competition from low-cost airlines and high-speed trains, labour disputes and economic crisisInternational Airlines Group reported a first-quarter operating loss of €278m (£235m) as continued weakness at its Spanish carrier Iberia wiped out progress at British Airways.The loss at IAG, Europe’s third-biggest airline group by market value, was greater than the €249m loss […]
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Buy-to-let lending up by 13.5%

Mortgage lending to landlords in the first quarter of 2013 rose by £500m over the year, says the Council of Mortgage Lenders, but was down on the previous quarterLending to landlords surged by 13.5% in the first quarter of 2013, with investors grabbing a greater share of the mortgage market despite the government’s Funding for […]
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Standard Chartered shareholders show disapproval of four executives

Almost a quarter of investors abstain from vote on re-election of Bertamini, Bindra, Rees and ShankarShareholders have issued a rebuke to four Standard Chartered executives on the day the UK-based bank reported a rare drop in profits.Nearly a quarter of shareholders failed to back the re-election of Steve Bertamini, Jaspal Bindra, Mike Rees and Viswanathan […]
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G4S shares tumble as European business disappoints

World’s largest security company loses 11% as it warns on profit marginsShares in G4S, the company that bungled the security of last year’s Olympics, slumped 11% on Tuesday morning, after it said profit margins would be lower than expected in 2013 because of a difficult first quarter in Europe.The news will pile further pressure on […]
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UK service sector grows faster than expected

Forecast-beating Markit/CIPS PMI results boost hopes economy got off to steady start in second quarterHopes that Britain’s economy could be stabilising have been bolstered by data showing that services companies posted their strongest performance last month since the Olympics.Activity beat expectations with its strongest growth for eight months in the closely watched Markit/CIPS PMI survey […]
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