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EU to combat taxation ‘race to the bottom’ with 15% rate for big companies

Officials confident draft law will secure unanimity, despite concerns from Hungary and Estonia

Global supply chain crisis could last another two years, warn experts

As some bottlenecks ease others are just starting, meaning the post-pandemic economy ‘won’t return to normal any time soon’

UK-Australia trade deal is more golden duck than golden goose

Analysis: In purely economic terms the first post-Brexit trade deal negotiated from scratch will save each UK household £1 a year

Calls for UK to improve relations with EU after food and drink exports plummet

Figures reveal impact of Brexit and pandemic, with £2.7bn fall blamed largely on 24% drop in sales to bloc

Returned clothes and shipping delays force Boohoo to slash sales forecast

Shares plunge as firm warns ‘exceptionally high’ rate of customer returns amid higher dress sales is denting sales

Tame US inflation carefully or risk some nasty side-effects

Paul Volcker’s shock therapy hollowed out American manufacturing and permanently boosted both Beijing and Wall Street

The Great Furniture Delay: ‘We’ll be eating Christmas dinner on our camping tables’

Supply chain disruptions have left many UK households waiting months extra for deliveries of sofas and tables

Global inequality ‘as marked as it was at peak of western imperialism’

Super-rich have grabbed an increasing share of the world’s income, economists’ study finds

China unveils package to boost economy as Evergrande teeters

Beijing to increase business lending and build more affordable housing, but reports say property giant has missed a key bond repayment

UK house prices remain turbo-charged without sales of healthy market

Cutting stamp duty and interest rates saved financial system from hardship but widened property wealth gap

EU launches €300bn fund to challenge China’s influence

Global gateway infrastructure strategy aims to counter belt and road initiative impact in Asia, Africa and Europe

OECD warns Omicron variant could cause severe global slowdown

Fears variant will amplify shortages, driving up inflation, or even force repeat of earliest phase of pandemic

Moderna boss predicts current vaccines may be less effective against Omicron

Stock markets dip as CEO questions efficacy but others move to calm fears about risk of serious illness

The Guardian view on the WTO talks: poor countries can’t be kept poor

Editorial: The trade liberalisation of the 1990s did not lead to higher economic growth rates. This should raise serious concerns for backers of globalisation

The Omicron variant reveals the true global danger of ‘vaccine apartheid’

Sharing vaccines with poorer countries is the right thing and the self-interested thing to do. The west needs to stop being so short-sighted

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  • UK failure to seal EU tax exemption hands industry mountain of paperwork
  • ‘Bills keep going higher’: community ‘warm spaces’ on the rise in the UK
  • ‘The anxiety never disappears’: Monmouth businesses recover from severe flooding
  • China has set a bear trap for Keir Starmer – and our naive PM is walking straight into it
  • Caviar bumps, cost jumps: US consumers on how they’re dining in Trump’s economy
  • Christmas ads put on a diet as UK ban on TV junk food advertising bites
  • Jim Ratcliffe chemical firms received up to £70m of UK state aid in last four years
  • Donald Trump promised a new ‘golden age’ for the US economy. Where is it?
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  • Retailers hope ‘panic weekend’ will bring Christmas cheer to UK sales
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  • Former Yodel owner probably forged mother’s signature in takeover bid, judge rules
  • UK politics: ‘Not clear’ who was behind FCDO hack, says minister, amid reports of China link – as it happened
  • WH Smith tries to recover bonuses from ex-bosses as watchdog investigates accounting error
  • Sony collars Snoopy in £340m deal to take control of Peanuts franchise
  • Rail accident investigators issue warning over sensors on landslide monitors
  • TikTok signs Trump-backed deal to avoid US ban
  • UK contactless card limit of £100 to be scrapped from 19 March
  • Retail sales unexpectedly fall in Great Britain in run-up to Christmas
  • UK borrowed more than expected in November amid pre-budget pressure

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