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UK rental market suffers record price rise
UK rental market suffers record price rise
Economy
by  AFP

UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains elevated despite a sharp slowdown. UK inflation also remains the highest among the G7 rich nations and is more than double the Bank of England's official two-percent target.

Czech court nixes ex-PM Babis's acquittal in EU fraud case
Czech court nixes ex-PM Babis's acquittal in EU fraud case
Economy
by  AFP

Former Czech billionaire premier Andrej Babis will go back to court over an EU fraud case after an appeals court cancelled his acquittal, a specialised judiciary website said Wednesday. The High Court in Prague scrapped the January verdict acquitting Babis because of "insufficient and wrongly used evidence", said the Ceska justice (Czech Judiciary) website.