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Yesterday β€” 28 June 2024Main stream

Tesco and Asda sued by customers over E coli sandwich infections

Claimants include family of 11-year-old girl who spent three weeks on dialysis after eating chicken salad sandwich

Tesco and Asda are being sued by customers, including the family of an 11-year-old girl, who were left seriously ill after eating own-brand sandwiches linked to an outbreak of E coli.

The supermarkets face legal action after a child and adult were left in hospital. One person has been confirmed to have died and more than 120 others including a six-year-old have been hospitalised in the UK due to the bacteria.

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Β© Photograph: Islandstock/Alamy

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Β© Photograph: Islandstock/Alamy

UK growth revised higher in boost to next government; risk premium on French debt highest since 2012 – business live

28 June 2024 at 08:43

UK GDP rose by 0.7% in January-March, according to the latest quarterly national accounts which show the state of the UK economy

Kathleen Brooks, research director at XTB, has spotted good news on the economy in today’s GDP report:

Within the service sector, the highest rate of growth was for the professional, scientific and technical activities sectors, which rose by 1.8%.

This was driven by a 7.2% increase in research and development and a 3.3% increase in legal activities. These are high value activities for the UK economy, and growth in this area bodes well for the future of the UK. This may go some way to mitigating the decline in business investment last quarter.

The latest UK GDP data shows that Britain’s economy grew quicker than expected in the first quarter of the year, expanding by 0.7% from the previous quarter. This shows that the UK economy still showed slow growth, rather than the most timely monthly estimate that showed no growth in April 2024.

Particularly, services grew by 0.8% on the quarter with widespread growth across the sector; elsewhere the production sector grew by 0.6% while the construction sector fell by 0.6%.

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Β© Photograph: Tayfun SalcΔ±/ZUMA Press Wire/REX/Shutterstock

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Β© Photograph: Tayfun SalcΔ±/ZUMA Press Wire/REX/Shutterstock

Before yesterdayMain stream

Financial markets at risk of β€˜sharp correction’, warns Bank of England – business live

27 June 2024 at 07:35

Rolling coverage of the latest economic and financial news, as UK central bank publishes its new financial stability report

Just in: Sweden’s central bank, the Riksbank, has left interest rates on hold at 3.75%.

But it also hints that rates could be cut as many as three times in the second half of 2024 if inflation prospects remain the same.

Inflation is close to the target and economic activity is weak. The Executive Board considers that monetary policy should be adjusted gradually, and has decided to hold the policy rate unchanged at 3.75%.

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Β© Photograph: Tim Grist Photography/Getty Images

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Β© Photograph: Tim Grist Photography/Getty Images

Cost of toothpaste can double through the year in UK, study finds

26 June 2024 at 19:01

Research discovers the cost of some healthcare products fluctuates wildly, according to time of year you buy them

Dentists agree that brushing twice a day is the best way to look after your teeth. But depending on what month it is, dental hygiene can be a dramatically more expensive habit to maintain.

New research has shown that the cost of a tube of toothpaste at some times of the year can be double its price at other times. The price of other popular health products such as Gillette razors can also double depending when they are bought.

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Β© Photograph: Gravity Images/Getty Images

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Β© Photograph: Gravity Images/Getty Images

Today, there is no such formula

By: chavenet
24 June 2024 at 15:13
For writers, the stakes are do or die: A debut sets the bar for each of their subsequent books, so their debut advance and sales performance can follow them for the rest of their career. For editors, if a writer's first book doesn't perform, it's hard to make a financial case for acquiring that writer's second book. And for you, a reader interested in great fiction, the fallout from this challenging climate can limit your access to exciting new voices in fiction. Unless you diligently shop at independent bookstores where booksellers highlight different types of books, you might only ever encounter the big, splashy debuts that publishers, book clubs, social-media algorithms, and big-box retailers have determined you should see. from Why Are Debut Novels Failing to Launch? [Esquire; ungated]
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