Rachel Reeves has endorsed the expansion of Heathrow airport as part of her vision for Britain’s economy, centered on faster and better development. Despite her positive outlook, recent economic setbacks include job cuts at Tesco, Lloyds, Sainsbury, Durham University, and Cardiff University, attributed to Reeves’s national insurance hike and workers’ rights plans. Bank of England governor Andrew Bailey warned of tough decisions to curb public debt growth, leaving Reeves to defend her economic strategy by highlighting job creation initiatives such as the Heathrow expansion potentially generating 100,000 jobs and other investments aimed at boosting employment.
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Shoplifting soars in England and Wales by staggering amount
Shoplifting in England and Wales has reached a record high with nearly half a million offences reported last year, according to new Office for National Statistics data. The alarming figures show a 23% increase in shoplifting crimes, with 1,350 incidents occurring daily. Retailers are warning that crime in shops, including theft and violent incidents, is escalating out of control, with over 20 million theft incidents costing retailers £2.2bn in losses. Full Article
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