UK employment total hits record high

The number of people in work in the UK has reached a record high of 32.54 million, latest figures from the Office for National Statistics show. Unemployment was flat, with a small increase of 8,000 between September and November for a total of 1.37 million. Average earnings excluding bonuses increased by 3.3% in the year to […]

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Ronaldo fined €18.8m over tax evasion

Football superstar Cristiano Ronaldo has cut a deal with a court in Madrid over tax evasion charges, accepting an €18.8m (£16.6m) fine. A huge media presence met the player outside the court, after a judge refused his request to appear by video or to enter the building by car to avoid the spotlight. The deal, […]

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Mastercard fined £504m by Europe for competition breach

The European Commission has fined Mastercard €573m ($650m, £504m) for anti-competitive behaviour. It said Mastercard had prevented retailers using cheaper banking services outside their home country. Prior to 2015, Mastercard obliged banks receiving card payments to use a fee set in their home country, even if cheaper rates were available elsewhere in the European Union. […]

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