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Canadian drug prices
Steve Morgan, professor of public health at UBC, on a new study that says Canadians are paying a lot more for the drugs we use
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Hewlett-Packard Enterprise sells software business
Hewlett-Packard Enterprise has slimmed down further by selling its software business. The buyer is British firm Micro Focus in a deal worth $8.8 billion (7.8 billion euros). HP went into software just five years ago with the ill-fated...
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Plastic fantastic – Britain unveils polymer banknotes
Britain has issued its first banknotes made of plastic. The five pound note in circulation from Tuesday is printed on polymer – a thin and flexible plastic – which the UK central bank said is cleaner, less harmful to the environment and...
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Europeans wait for Juncker’s words on the State of the Union
The head of the European Commission gave his first so-called State of the Union speech in September last year. Jean-Claude Juncker has faced a turbulent time since taking office in November 2014. The EU has been struggling to deal with a...
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EU27 meet in Slovakia – without Britain
The leaders of 27 EU countries are meeting in Bratislava, Slovakia after Britain’s vote to leave the bloc on June 23rd. Germany’s Angela Merkel and France’s François Hollande say the EU must do more to protect its external borders and...
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Noel Clarke’s London crime trilogy closes with ‘Brotherhood’
Noel Clarke has launched the last film in his London crime trilogy, ‘Kidulthood,’ and ‘Adulthood’ have been supplemented by ‘Brotherhood.’ Noel Clarke the director,producer,actor and screenwriter wanted to deliver a memorable end to his...
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Brexit vote unnerves eurozone and UK businesses
Economic sentiment in the eurozone fell in August, dropping to its lowest level since March, particularly in industry. Economists linked that to Britain’s vote to leave the European Union. The European Commission’s Economic Sentiment...
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Eurostar staff to strike in row over work-life balance
Staff at Eurostar will strike for seven days over two weekends this month in a long-running dispute over work life balance, the UK’s RMT union has said. The walkout, starting this Friday from just after midnight until Monday, and then...
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Berlin urges London not to postpone Brexit after delay reports
Germany has urged London not to delay Brexit, following a flurry of British media reports which suggested Prime Minister Theresa May might postpone the formal procedure to leave the EU. The start of January is widely touted as the most...
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Is the party over for London?
Are London’s nightclubs disappearing? The British capital has a reputation as one of the world’s best party locations, with ‘super’ clubs, bars and other entertainment venues. But almost half have closed since 2005, according to The...
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Amazon and UK government to partner on delivery drone tests
Amazon and the British government have announced a partnership to speed up the process for allowing small drones to makes deliveries. A cross-government team – supported by the UK Civil Aviation Authority (CAA) – has given the necessary...
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‘Love and Hate’ Michael Kiwanuka’s new album top the pops
The first single to be released from Michael Kiwanuka’s new album ‘Love and Hate’ is ‘Black Man in a White World.’ Kiwanuka wrote the song based on his experiences growing up in London: “I feel like, ‘Black Man In A White World’ seems to...
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UK economy was growing before Brexit vote, retail sales fall since vote
Newly released statistics show that before the Brexit vote the UK’s economy grew fairly robustly. But at the same time we learned British retailers suffered their sharpest fall in sales in four years after last month’s vote to leave the...
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EDF gives green light for controversial Hinkley Point nuclear reactors
French state controlled energy company EDF has said it will go ahead and build a controversial and extremely costly nuclear power station in Britain. The Hinkley Point C power plant in the south-west of England will cost more than 21...
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Fresh doubt over Hinkley Point nuclear power project
There is fresh doubt over a massively expensive nuclear power station in Britain. Just one day after French energy company EDF said it would take on the controversial Hinkley Point C project, the new UK government said it wants to review...
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HSBC to buy back shares amid profit slump
Mixed news from HSBC. Europe’s biggest bank just reported a 29 percent drop in pretax profits for the first half of this year and a 45 percent slump for the period from April to June, but also said it will buy back $2.5 billion (2.23...
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Eurozone business activity still muted in July, retail sales flat
Business activity in the eurozone expanded at a slightly better than predicted pace in July. Surveys of companies’ bosses for the Purchasing Managers’ Index (PMI) compiled by Markit found they have so far largely shrugged off Britain’s...
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Shares rise, pound drops on UK stimulus measures
Not surprisingly, UK finance minister Philip Hammond welcomed the stimulus measures announced by the Bank of England. He has been told by Bank Governor Mark Carney that the British government also needs to do more to help the economy get...
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Theresa May: what to expect from Brexit negotiations
Without having won an election, Theresa May is taking the helm of the UK at a turbulent time. She faces the unenviable task of steering the country through negotiations to leave the EU. Her efforts will decide the future course of...
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Bank of England surprises by keeping interest rates unchanged
The Bank of England’s policymakers have left the cost of borrowing unchanged in Britain – for now. The benchmark interest rate stays at 0.5 percent where it has been for more than seven years. The decision wrong-footing many investors...
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Austen’s Lady Susan brilliantly reimagined for cinema
This week in Cinema Box, we will be taking a look at “Love & Friendship”, the excellent adaptation of Jane Austin’s early novel Lady Susan. #LoveandFriendship is a “visual and auditory delight.” Our #review is here:...
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All friends for foreign minister Boris Johnson’s first meeting with EU counterparts
Boris Johnson, the new British foreign minister and leading campaigner for the UK to leave Europe, has been in Brussels for his first meeting with his EU counterparts. Going in to the gathering he stressed that Britain will continue to...
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Euro 2016 kicks up UK inflation to 0.5% in June
Inflation in Britain is not exactly flying high, but it did get a boost in June from more expensive airfares as football fans flocked to France for the Euro 2016 championships. The cost of plane tickets jumped by a record 10.9 percent...
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UK jobless rate falls to 11-year low
Britain’s jobless rate has fallen to its lowest level since October 2005. The unemployment rate was at 4.9 percent of the workforce in the three months to May – down from 5.0 percent in April, the Office for National Statistics said. The...