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Below-inflation rise would save exchequer tenth of £40bn to be given out through tax cuts, says thinktank If the government raises benefits in line with earnings rather than inflation next year, it would drastically cut the incomes of poorer working-age families, while saving less than a tenth of the cost of recent tax cuts, a leading economic thinktank has calculated. Such a change, which would mean a significant real-terms cut given that wages are rising at 5.5% with inflation close to 10%, could see the effective income of some families reduced by up to £1,000 a year, the Resolution Foundation…

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  Wildlife populations have plummeted by an average of 69 percent since 1970, reveals a major report. It would be the equivalent of losing everyone from Europe, the Americas, Africa, Oceania and China if compared to the population of humans. This escalating loss of our natural world is pushing life on Earth into a critical condition. ​Wildlife populations have plummeted by an average of 69 percent since 1970, reveals a major report. It would be the equivalent of losing everyone from Europe, the Americas, Africa, Oceania and China if compared to the population of humans. This escalating loss of our…

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Settlement was down from £41.7bn, reflecting payments already made to cover UK obligations The UK’s Brexit “divorce bill” stood at €41.8bn (£36.7bn) in 2021, according to the EU’s official auditors. The European court of auditors’ annual report revealed that the UK was expected to make €10.9bn in payments to the EU during 2022. Continue reading… ​Settlement was down from £41.7bn, reflecting payments already made to cover UK obligationsThe UK’s Brexit “divorce bill” stood at €41.8bn (£36.7bn) in 2021, according to the EU’s official auditors.The European court of auditors’ annual report revealed that the UK was expected to make €10.9bn in…

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