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Northern Powerhouse Rail plans delayed again
Posted onFaisal IslamEconomics editor Getty Images Plans to extend high-speed rail across the north of England have been delayed further and will not now be announced by the prime minister at the Labour Party conference next week. The BBC understands concerns over the long-term costs of the line earmarked between Liverpool and Manchester have pushed back…
Thousands march in Edinburgh calling for action to end poverty
Posted onBBC Protestors met outside the Scottish Parliament building Thousands of people have marched through central Edinburgh calling for more action to tackle poverty in Scotland. The Scotland Demands Better demonstration was organised by trade unions and charities to push for more action on poverty ahead of the UK Budget and next year’s Scottish Parliament elections….
Gold surges past record $4,000 an ounce as uncertainty fuels rally
Posted onThe price of gold has hit a record high of more than $4,000 (£2,985) an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world. Gold has seen its biggest rally since the 1970s, rising by around a third since April when US President…
Trump wants Venezuelas oil. Will his plan work?
Posted onArchie Mitchell,Business reporterand Natalie Sherman,Business reporter Reuters Donald Trump has vowed to tap into Venezuela’s oil reserves after seizing President Nicolás Maduro and saying the US will “run” the country until a ‘safe’ transition. The US president wants American oil firms to pile billions of dollars into the South American country, which has the largest…
