BBC News - Business 14 March 2018

Tax rises of £40bn 'needed by mid-2020s' to cut deficit

The government will need to collect more tax to keep spending constant, warns the IFS.

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All Toys R Us stores to close their doors

All of the toy retailer's 100 UK stores will shut their doors in the next six weeks.

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Morrisons profits jump despite cost rises

The UK's fourth-biggest supermarket chain sees profits and sales rise despite higher costs.

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Trump pressure scuppers $140bn chipmaker takeover

Broadcom abandons pursuit of US rival Qualcomm two days after it was blocked by President Trump.

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Online sales surge boosts Zara owner Inditex

Inditex says online sales now account for a tenth of its global total as profits continue to rise.

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Debt worries emerge from break-ups

Financial shocks such as divorce and redundancy are leading people into debt crises, a charity says.

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Google bans crypto-currency adverts

The search giant follows Facebook in censoring ads for initial coin offerings and trading services.

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Balfour Beatty profits jump as turnaround continues

The engineering giant behind Crossrail sees underlying profits double after several years of big losses.

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Amazon recalls fire-risk power packs in UK, Europe and US

Six models of the AmazonBasics product have been identified as posing a burns hazard.

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