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Royal spending up by 2.5%
Royal spending up by 2.5%

The Queen spent over £36m of taxpayers’ money in her capacity as head of state last year, according to the royal accounts, which were published today. In a bid to be more transparent and accountable, Buckingham Palace has started opening its books to the public. Today’s report is the third annual summary of head of… Read more »

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UK secures Russian oil deal
UK secures Russian oil deal

Economic ties between the UK and the Russian Federation were strengthened today as two of the countries’ leading oil firms signed a lucrative deal at a high-profile energy summit in London. BP gained a 50% stake in Russian producer TNK, for just over £4bn in cash and shares over the next four years. Russian president… Read more »