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French Prime Minister confirms use of Article 49.3 to pass budget
Usage opens government up to motion of no confidence but opposition MPs unlikely to find enough support
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Floor collapses in Paris building leaving 20 injured
Water leaking into the building from balcony is thought to be cause of collapse
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Homes evacuated and cars submerged as flash floods hit south of France
Alerts continue as schools and roads are closed. Several rivers have burst their banks
Supermarkets must reveal profits
SUPERMARKETS will have to reveal details of their margins on produce after MPs backed a proposal to make prices more transparent.
The law should boost people’s purchasing power as supermarket margins have outstripped pay rises, with some products having margins of 30-50%. The Observatoire des Prix et des Marges said shops had “very comfortable” gross margins with no reduction from the collapse in prices paid to producers. In addition, research from
Casino has found shoppers are turning against hypermarkets, preferring instead to go to hard discount and neighbourhood stores as well as “drive” outlets where they shop online for later pick-up.
