Business Blog

Saudi crown prince pledges $20bn to Pakistan

Mohammed bin Salman kicks off tour that is expected to include India and China

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Train firms want overhaul of ticket system

Rail operators' proposals could see an end to the traditional peak and off-peak fares structure.{MBD} {IMAGE}

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Balmoral Tanks loses 'price-fixing' court case

Aberdeen-based Balmoral Tanks loses court battle over £130,000 fine imposed by competition authority.{MBD} {IMAGE}

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Late-paying big firms 'should get public contract bans'

Small business leaders want big companies to prove they pay their suppliers on time before winning government deals.{MBD} {IMAGE}

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Chinese investment leaves Serbia in a bind

Blocking foreign funding could undermine the stability of the western Balkans

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Austerity, by Alberto Alesina, Carlo Favero and Francesco Giavazzi

A timely defence of unpopular spending cuts as economists ditch previously held positions

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