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Image copyright NFU Image caption Dairy farmer Michael Oakes while the straw was still available for bedding “You almost need a Securicor escort to move a load of straw up the motorway these days,” says farmer Michael Oakes. His dairy farm, in Bromsgrove in Worcestershire, has suffered much from this…

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Image copyright Getty Images Wells Fargo has been fined a record $1bn by two US regulators to resolve investigations into car insurance and mortgage lending breaches. The penalties have been imposed by the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency. The fine follows a…

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Image copyright AFP Donald Trump has criticised the Opec oil producers’ group, saying crude prices are “artificially very high”. In a tweet, the US President said this was “no good” and “would not be accepted”. The main crude oil benchmark prices, Brent and West Texas Intermediate (WTI), fell around 1%…

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Hundreds of thousands of the poorest families in Britain are going without basic necessities, according to two separate surveys. Citizens Advice said as many as 140,000 households are going without power, as they cannot afford to top up their prepayment meters. And the Living Wage Foundation – which campaigns for…

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Image copyright Google Image caption Onslow St Audrey’s School in Hatfield, Hertfordshire, made national headlines over claims it was charging children for water A school criticised on social media for charging for plastic cups on the hottest day of the year has denied claims children had to pay for water….

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Image copyright Reuters A bidding war for Shire is threatening to break out after Botox maker Allergan said it was considering a takeover offer for the rare diseases drug maker. Shares in the London-listed firm jumped 9% after Reuters had reported Allergan’s interest. Earlier on Thursday, Japan’s Takeda said it…

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Image copyright Getty Images Department store chain House of Fraser has appointed turnaround specialists to advise it on a restructuring plan which could involve store closures and job losses. The retailer has called in KPMG to examine all options, including an insolvency process called a Company Voluntary Arrangement (CVA). House…

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Image copyright Getty Images Should twins automatically be put in different classes at school? New research suggests not. A study from Goldsmiths, University of London, finds no strong evidence that putting twins into different classes at school is better for them academically. And this is the case for both identical…

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Image caption Hati Sparey-South is now a trainee teacher By 16 Hati Sparey-South had already tried to kill herself. And she would have tried again and maybe succeeded if it hadn’t been for a teacher who noticed how unhappy she looked. Hati says she owes her teacher her life. And…

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Image copyright Getty Images The apprenticeship levy introduced in England last year is causing “confusion and frustration” among employers and must be reformed, according to the British Chambers of Commerce (BCC). Jane Gratton, head of skills at the BCC is due to tell a conference on apprenticeships that the scheme…

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