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Newspaper headlines: More rate rises and Amazon's tax bill

August 3, 2018 4:46 AM
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Newspaper headlines: More rate rises and Amazon's tax bill

The rise in interest rates is the lead story on the Metro, which also carries a warning from Bank of England governor Mark Carney. The rate has risen by a quarter of a percentage point, from 0.5% to 0.75% - the highest level since March 2009 - and Mr Carney has said there will be further "gradual" and "limited" rate rises to come.

The i also leads on the interest rate rise. The paper says "ultra-cheap credit age" has come to an end after Mr Carney's statement regarding further rises in the future.

The rate rise features on the front page of the Daily Express, too, but the paper's lead story is the news that people are having to wait up to three weeks to see their GP. The report says an additional 6,000 GPs are needed due to the NHS "crisis".

The Daily Mirror has splashed on a story about online retailer Amazon. The story claims Amazon has "declared its lowest UK corporation tax bill in five years", adding that some struggling high street firms "pay up to 20 times more" than the "web juggernaut".

Amazon's tax bill also makes the front page of the Daily Mail. The paper claims the company is "taking us for fools" after halving its corporation tax bill "to just £4.5m".

Air pollution is linked to "early symptoms of heart failure", warns the Guardian. The report also states that people in the UK are "64 times more likely to die from air pollution than people living in Sweden".

Source: bbc.co.uk

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