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Jobs for life ? Don't count on it

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The European Central Bank has cut interest rates to a new record low of 0.25 percent, but what's really needed to get the region's economy going and reduce the record high unemployment rate is flexible labor markets, say experts.

BT defends soccer spending: 'We haven't overpaid'

Two Footballs In Net

BT has defended its lavish spending on exclusive soccer rights to show prime European soccer games, telling CNBC that it did not overpay and arguing that customers will get a better deal than they are currently receiving.




Britain named sixth best country for doing business

The government’s drive to cut red tape and corporate tax has seen the UK move up the international league table for doing business in a year that has seen both rich and poor countries strive to ease regulations on setting up and running companies, the World Bank said.