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'Value for money', May launches review of high university fees

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LONDON British universities must offer students value for money, Prime Minister Theresa May said on Monday, launching a review that could reduce fees and restore grants in a bid to entice younger voters who helped punish her party at an election last year.

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Gearing up for rate hike, UK households turn gloomier on finances - survey 7:47am GMT

LONDON British households' gloom about their finances deepened this month, and most now expect borrowing costs to rise again within six months after the Bank of England raised interest rates in November, a survey showed on Monday.

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Homeownership among young Britons plunges compared with 20 years ago - IFS 16 Feb 2018

LONDON The rate of homeownership among young, middle-income adults in Britain has more than halved over the last 20 years, according to research that highlights growing generational strains in British society.

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Meltdown raises fears of 'financial innovation the planet doesn't really need' 09 Feb 2018

LONDON The global market turmoil of the past week has shone a light on complex trading instruments listed in the United States and Europe - a number of which have been taken off the market - which some investors blame for the scale of the disruption.

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BoE's Broadbent - a couple of rate hikes within a year shouldn't be 'great shock' 09 Feb 2018

LONDON Bank of England Deputy Governor Ben Broadbent said on Friday he did not think a couple of interest rate hikes in the space of a year should come as a great shock, but added that the central bank had not fixed any path for tightening policy.

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Bank of England raises prospect of higher rates as global economy booms 09 Feb 2018

LONDON The Bank of England said on Thursday it was likely to raise interest rates sooner and by more than it thought only three months ago, because Britain's slow-moving economy is getting a boost from the global recovery. | Video

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UK house prices record subdued growth at start of 2018 - RICS 08 Feb 2018

LONDON British house prices recorded modest growth last month, though they are still falling in London where expensive property is struggling to sell for its asking price, an industry survey showed on Thursday.

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UK firms raise starting salaries by most since June 2015 - REC 08 Feb 2018

LONDON British companies are raising the salaries they offer to new permanent staff at the fastest rate since June 2015 due to a shortage of good-quality staff, recruiters said in a survey published on Thursday.

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Energy bills to rise for 5 million Britons covered by Ofgem cap 07 Feb 2018

LONDON British energy customers covered by a cap designed to keep prices low for the most vulnerable households will see their bills increase by an average of 57 pounds per year, regulator Ofgem said on Wednesday.

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UK house prices fall for second month in January - Halifax 07 Feb 2018

LONDON British house prices fell unexpectedly last month as inflation continued to squeeze household budgets, dragging annual house price growth down to one of its weakest rates in years, figures from major mortgage lender Halifax showed on Wednesday.

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New BoE policymaker warns on London commercial property prices

LONDON Central London's "fully valued" commercial property market should be a wake-up call for the sector, the newest member of the Bank of England's Financial Policy Committee (FPC) said on Tuesday.

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UK watchdog slow to stop 'vulture' advisers ripping off steelworkers - MPs

LONDON Britain's markets watchdog was too slow to prevent "vulture" financial advisers from ripping off steelworkers faced with critical decisions over their 14 billion pound pension pot, lawmakers said in a report on Thursday.

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