UK Mortgages rates and deals

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A businessman pulling back his skirt to reveal a target symbol.

UK’s leading retailer plans to open fewer very big hypermarkets and prioritise online sales more

(Reuters) - The Internal Revenue Service has persuaded U.S. taxpayers to disclose hidden offshore bank accounts but then sometimes failed to cap the penalties, as promised, an agency watchdog said on Wednesday, accusing the IRS of “bait and switch.” The Taxpayer Advocate Service, an oversight arm of the IRS, wrote in its annual report to Congress that a series of IRS voluntary disclosure programs allowing wealthy Americans to come forward and disclose their hidden accounts in exchange for reduced penalties had caused some taxpayers to pay more than they had been led to believe was required. …

European groups stop spot crude purchases with country ahead of an EU meeting this month that could impose a full oil embargo on Tehran

The European Commission has refocused its attention on fees charged to process card transactions, saying new legislation may be needed

The bridging sector needs a “truly effective and representative” trade body, short-term lender Omni Capital has said.

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