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Bank of England hints earlier interest rate rise
Bank of England has hinted that interest rates may rise sooner than late 2016, thanks to a “robust recovery in activity” and improvement in the jobs market.
BRC calls for overhaul of business rates system
The British Retail Consortium (BRC) has appointed Ernst &Young to help suggest recommendations to reform the business rates system.
BRC director-general Helen Dickinson said: “Complete reform is the only solution that can support retailers in continuing to deliver a vibrant and sustainable retail industry for UK consumers and local communities.”
More Londoners to snap up university places
Young Londoners are 43% more likely to go to university than their counterparts in the north-east of England, a report from the Higher Education Funding Council for England has found.
Qatar and Kuwait eyeing stakes in Hinkley Point
Qatari and Kuwaiti sovereign wealth funds are in talks with EDF to take a 15% stake in the £16bn nuclear power plant project at Hinkley Point in Somerset.
70% of London tech start-ups are struggling to grow
A YouGov survey has found that 70% of small and medium London tech businesses face barriers to expansion in London.