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British steel companies could escape tariffs imposed by the US, following positive comments by the US treasury secretary this week.

The safety of ageing nuclear reactors dotted across the US has been thrown into doubt by the discovery of severe corrosion at a plant in Ohio that could have triggered a massive failure.

Business lobby group for the capital London First claimed that almost 400,000 council homes will have to be built in London at a cost of around £9bn to avert a housing crisis.

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