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UK public workers to take pay cut

One in four public sector workers would be willing to take a pay cut if it helped secure their job, according to a new study. A survey of 1,500 public sector employees workers by recruitment website Totaljobs.com showed that only 4% would…

As oil in Gulf spreads, BP shares soar

Drilling of a relief well to halt the BP oil spill in the Gulf of Mexico is a week ahead of schedule, the U.S. official overseeing the response to the disaster said on Tuesday. The prospect of an earlier completion of the well, seen as the…