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Monday Market Headlines

The Ernst & Young Item Club said persistently high inflation had knocked almost 3 percentage points off the economy over the past three years and was set to remain above the Bank of England's 2 per cent target "for the foreseeable future" - The Independent

The Conservative party over the weekend has come under attack following a national paper printing comments said to have been made by a senior Tory official stating grassroots party members were “swivel-eyed loons.” The comments seem to have only added momentum to the Eurosceptic UKIP party, as Tory members are said to have begun defecting.

More than 8,000 French households’ tax bills topped 100 per cent of their income last year, the business newspaper Les Echos reported this weekend, citing Finance Ministry data - CityAM

Employees in the UK are more insecure over employment prospects than at any time in the last 20 years, the FT reports

The UK's Manufacturing Advisory Service says growth expectations for UK manufacturing is at a 12-month high - The Independent

North Korea has threatened the stability in Asia, after firing missiles for the second day

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