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Image copyright Getty Images Drug company Concordia overcharged the NHS by millions for a key thyroid treatment, the Competition and Markets Authority has provisionally found. The CMA said that last year the NHS spent £34m on its drug, liothyronine, up from about £600,000 in 2006. The amount the NHS paid…

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Image copyright AFP Image caption Chancellor Philip Hammond will present the latest Budget on Wednesday UK public sector borrowing rose to £8.0bn in October, official figures show, up £500m from a year earlier. The figure comes a day before the Budget, and the monthly deficit was bigger than economists had…

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Image copyright Getty Images Image caption Volvo hopes to sell tens of thousands of vehicles to Uber under the deal Uber has struck a deal to buy up to 24,000 self-driving cars from Volvo. The agreement envisages that the pick-up service will purchase the vehicles over the course of three…

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Image copyright Getty Images Drone maker DJI has accused a cyber-security researcher of hacking its servers. Kevin Finisterre claims that he accessed confidential customer data after finding a private key publicly posted on code-sharing site Github. He approached the firm, which offers a “bug bounty” reward of up to $30,000…

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Image copyright Getty Images Energy giant British Gas will scrap its expensive standard variable tariffs (SVTs) by April for new customers. It says this will lower average bills. Similar moves have already been announced by both E.On and Scottish Power. British Gas said it would also do more to persuade…

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Image copyright Getty Images A tax on takeaway boxes is to be considered in an attempt to tackle the problem of plastic waste. In Wednesday’s Budget, Chancellor Philip Hammond is expected to call for evidence on whether a tax on the use of the most environmentally damaging single-use plastics would…

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Media playback is unsupported on your device Media caption“It is not acceptable to us that so many fewer young Britons are able to own a home” Philip Hammond says next week’s Budget will set out how the government will build 300,000 new homes a year. But the chancellor said there…

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Image copyright NCC Image caption The German telecoms regulator urged parents to destroy children’s smartwatches A German regulator has banned the sale of smartwatches aimed at children, describing them as spying devices. It had previously banned an internet-connected doll called, My Friend Cayla, for similar reasons. Telecoms regulator the Federal…

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Image copyright Getty Images Image caption The chancellor admitted he had yet to experience a driverless car himself Driverless cars could be on UK roads within four years under government plans to invest in the sector. Chancellor Philip Hammond told the BBC the objective was to have “fully driverless cars”…

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