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Rising prices see basic pay fall at fastest rate in a decade

Pay excluding bonuses is failing to keep up with the rising cost of living, official statistics show.

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Rail strikes: Thousands more workers to vote on action

The strikes could be held from July 25 and threaten to add to summer travel disruption.

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Major tampon makers pledge to tackle US shortages

It comes as the Ukraine war is making the raw materials used in sanitary products more costly.

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Musk to hold first meeting with Twitter staff this week

The Tesla boss has warned he may quit his takeover deal over the number of fake accounts on the platform.

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Why is inflation in the US so high?

A surge in government spending drove US inflation to the highest of advanced economies last year.

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Amazon to begin drone deliveries in Lockeford, California this year

The shopping giant hopes to deliver parcels to shoppers by air for the first time later in 2022.

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Could flat tyres soon be a thing of the past?

Airless tyres that do not puncture are getting close to market but some remain sceptical about them.

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Europe is prepping for a trade war no-one wants

In the EU, the contingencies for a trade war with the UK are being put in place

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Stocks slide over global economy concerns

It comes as official figures showed that US inflation hit a more than 40-year high last month.

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Petrol stations hit back in fuel duty row

Retailers say they have been “unfairly scapegoated” for soaring fuel prices.