Struggling smartphone maker BlackBerry said it has agreed to sell to a consortium led by its largest shareholder, Fairfax Financial Holdings, for $4.7 billion (£2.9 billion).
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David Cameron said the measure, which will save £4 million by 2020, showed a commitment to his "all in this together" approach.
The party has dropped its opposition to an in/out referendum on EU membership and now supports a vote, acting leader Harriet Harman said.