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The typical home in the UK cost £220,100 in April, a rise of £3,500 on the previous month, official figures show. This was a £12,000 increase from the same month a year ago, the Office for National Statistics (ONS) said, despite lenders reporting a relatively stagnant housing market. House prices…

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Image copyright PA The rising cost of foreign package holidays and imported computer games helped to push the UK inflation rate up to 2.9% last month from 2.7% in April. The latest inflation rate is the highest since June 2013, and above the Bank of England’s 2% target. The Office…

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Abusive or neglectful parents who blame their partner for their own child cruelty could face tougher sentences in new court proposals. The new sentencing guidelines in England and Wales say blaming others should be considered an “aggravating factor” when deciding a sentence. The change comes after many cases where one…

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Image copyright Getty Images The pound has resumed its downward slide as investors continue to react to the political uncertainty following last week’s shock UK election result. Sterling had stabilised in early trade, but by late afternoon had dropped 0.66% against the dollar to $1.2659 and fell 0.73% against the…

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Image copyright PA The UK general election result could delay Brexit talks and be negative for the economy, credit ratings agencies Moody’s and S&P have warned. The Brexit negotiations with the EU were due to start on 19 June but Moody’s said the fact that the Conservatives had lost their…

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Image copyright iStock Image caption Only a minority of ballet students are boys, says the Royal Academy of Dance Moves from Angry Birds and Minecraft as well as footballers’ goal celebrations are being used to encourage more boys to take up ballet. Just 1.8% of ballet exam candidates are boys,…

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There are growing calls for a rethink of Theresa May’s Brexit stance in the wake of a hung parliament. The Conservatives leader had sought to take the UK out of the single market and end freedom of movement, but her party lost its Commons majority. Former Chancellor George Osborne said…

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Image copyright Getty Images The uncertainty caused by the general election has led business confidence to sink “through the floor”, according to a lobby group. A snap poll of 700 members of the Institute of Directors found a “dramatic drop” in confidence following the hung parliament. Members saw no clear…

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