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Borrow more to boost building, says Sajid Javid

The housing crisis should be tackled by borrowing more to fund construction, a senior cabinet minister has said. Communities Secretary Sajid Javid said taking advantage of record-low interest rates “can be the right thing if done sensibly”. The housing crisis Britain faced was “the biggest barrier to social progress in our country today”, he told the BBC. The Budget on 22 November would contain more on housing policy, Mr Javid said. “We are looking at new investments and there will be announcements.” It comes as Mr Javid launches an eight-week…

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Amid doctors' hunger strike, Poland may boost health budget

Poland announced plans Thursday to significantly increase spending on health care as a hunger strike by young doctors demanding more funding entered its third week. Poland’s health care system is chronically underfunded and there are often months-long waiting lists for medical procedures. Minister Henryk Kowalczyk, in charge of economic affairs, said the conservative government would debate a plan next week to gradually increase spending in the health sector to 6 percent of gross domestic product by 2025, compared to 4.7 percent now. Deputy Finance Minister Leszek Skiba said the gradual…

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News: A4E: Abolishing air passenger taxes would boost European GCP by €215 billion

A new study commissioned by A4E from PwC – “The economic impact of air taxes in Europe” – shows that abolishing all air passenger taxes in the European Economic Area would boost European GDP by €215 billion (cumulative) over the next 12 years. Benefits of such a move would grow from an additional €10.5 billion in 2018 to €25 billion per year by 2030. This would create 47,000 jobs in the two years following the taxes abolition with a total of 110,000 new jobs created by 2030. “The study demonstrates…

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Reversing Brexit would boost economy, says OECD

Reversing the Brexit process would boost the UK economy, the international economic body, the OECD has said. A new referendum or a change of government leading to the UK staying within the EU would have a “significant” positive impact on growth, the OECD said. It also warned “no deal” would see investment seize up, the pound hit new lows and the UK’s credit rating cut. It said the outcome of the Brexit negotiations was hard to predict. The Chancellor, Philip Hammond, said the UK would consider the Organisation for Economic…

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Liverpool BOOST! Adam Lallana closing in on return from thigh injury

Adam Lallana is yet to play for Liverpool this season due to injury Tuesday, October 17, 2017 Adam Lallana remains on track for a return to the Liverpool side next month. The attacking midfielder is yet to play for the Reds this season after suffering a thigh injury in a pre-season clash with Atletico Madrid. Lallana spent time in Qatar last week as part of his recovery programme but returned to Melwood on Monday. Boss Jurgen Klopp told liverpoolfc.com: “It’s absolutely good news. I cannot say now, but maybe after…

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News: Jet Airways to boost UK capacity by a third

Jet Airways is to increase passenger and cargo capacity between India and the United Kingdom by almost 33 per cent this winter with a third daily flight from London Heathrow to Mumbai, a first by any Indian airline. Air travel between India and the United Kingdom has shown a steady annual growth of nearly ten per cent over the last few years. Effective from October 29th, the third daily flight on the increasingly popular London-Mumbai sector, is one of 122 additional weekly international flights being added to the winter schedule. …

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Trump hopes to boost lower-premium health insurance plans

Frustrated by failures in Congress, President Donald Trump will try to put his own stamp on health care with an executive order Thursday that aims to make lower-premium plans more widely available. But the president’s move is likely to encounter opposition from medical associations, consumer groups and perhaps even some insurers — the same coalition that so far has blocked congressional Republicans from repealing and replacing former President Barack Obama’s Affordable Care Act. Critics say the White House approach would raise costs for the sick, while the lower-premium coverage provided…

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