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Petrol retailers told to pass on fuel duty cut

The RAC believes that supermarkets often wait for long sustained drops in wholesale prices before they cut their forecourt prices. If they cut the retail price too soon and then the wholesale price rises again, they will be forced to reintroduce a higher price which...

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Why the volatile price of aluminium matters

"Sorry, it's gone up, it's gone up again!" - this is what Colin Shorney, managing director at Dudley's Aluminium, a Welsh manufacturer of windows, doors and facades, says he has found himself telling his clients recently about the cost of his core material.

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UK economy shrinks in March as prices rise

We'll take any growth we can get right now, and on the face of it 0.8% growth in the economy during the first three months of the year is good by any normal standard and better than most of the comparable G7 major economies, some of which are already contracting. It...

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Google unveils new Pixel Watch

Google also announced two new Pixel phones - the budget Pixel 6a and premium Pixel 7, going on sale in July, a new Pixel tablet to be released in 2023, and updated earbuds, Pixel Buds Pro, with 11 hours battery life (or 7 hours with noise cancelling function activated).

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Covid mask rules relaxed for EU air travel

"Further, as of 16 May 2022, aircraft operators, during their pre-flight communications as well as during the flight, should continue to encourage their passengers and crew members to wear face masks during the flight as well as in the airport, even when wearing a...

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Price increases in the US ease slightly in April

"The easing... to 8.3% year-over-year from 8.5% marks a start in returning inflation back to the Federal Reserve's target [of 2%], but there remains a substantial way to go," said Wells Fargo economist Sarah House. "Inflation remains widespread, making it all the more...

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Energy firm windfall tax has not been ruled out

The evolution of a policy U-turn starts with a few mutations, some of which are shut down and others allowed to persist as it slowly takes a new shape. We are not there yet - but to mix metaphors further, officials seem to be "rolling the pitch" before potentially...

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Apple to discontinue the iPod after 21 years

Over the years, many celebrities have thrown their star power behind the iPod, including John Mayer, U2 and Oprah Winfrey. BMW introduced the first car entertainment system with a built-in iPod system, and within a few years, most car manufacturers had followed suit.

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Fifa: EA Sports to break away from football body

"On balance, over time, we felt that our investments were better suited in spaces that were most important to players, like the different experiences we can now build in the game. For our partners, it's the way we can welcome and engage them into a platform that talks...

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New UK sanctions for Russia and Belarus

Western countries have introduced increasingly widespread sanctions against Russia - targeting individuals, banks, businesses and major state-owned enterprises, and exports, among others. Among the high-profile individuals to be targeted has been Roman Abramovich, the...

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Morrisons tabling last-ditch bid for McColl’s

EG Group already owns thousands of petrol stations, including forecourt shops, and other convenience stores in the UK, Ireland, Europe, Australia and the US - and is expected to retain McColl's sites and staff. EG Group is also aiming to offer McColl's workers a pay...

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Mine e-waste, not the Earth, say scientists

"The thing we always say is reduce, reuse and recycle. So perhaps keep a phone for longer and maybe sell an old phone or give it to a relative," says Ms Ratcliffe. "It will need everyone working together to scale up these processes and put the infrastructure in place,...

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