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Warsh edges closer to becoming Fed chair but an interest rate cut may still be a ways off

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‘Nigel is mad to accept his money’: who is Christopher Harborne, the mystery billionaire bankrolling Reform? | Reform UK

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Shortly before Christmas 2022, Chakrit Sakunkrit, owner of the Kamalaya Wellness Sanctuary on the Thai island of Koh Samui, invited 200 guests to spend a...
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Stock markets will fall, Bank of England deputy governor says | Stock markets

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Record-high global stock markets do not reflect the risks in the global economy, and will fall back, a deputy governor at the Bank of...
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Business

Most US stocks rise after swinging through another erratic day

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Business

Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget | Economic policy

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Rachel Reeves has said higher taxes on the UK’s wealthy will form part of next month’s budget, as she shrugged off the “scaremongering” and...
Business

Global government debt on course to hit 100% of GDP by 2029, IMF warns | Global economy

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Government debt across the world is on course to hit 100% of global gross domestic product (GDP) by 2029, according to analysis by the...
Business

US government shutdown is putting a strain on the aviation system

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Business

UK faces highest inflation in G7 this year and next, IMF warns | Inflation

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Consumers in the UK are expected to suffer the highest inflation in the G7 group of leading economies this year and next, the International...
Business

UK retail sales growth cools amid fears over budget tax rises | Retail industry

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UK retail sales growth cooled last month as concerns over inflation and looming tax increases in Rachel Reeves’s autumn budget weighed on British consumers.In...
Business

Greenpeace threatens to sue crown estate for driving up cost of offshore wind | Energy industry

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Greenpeace is threatening to sue King Charles’s property management company, accusing it of exploiting its monopoly ownership of the seabed.The environmental lobby group alleges...
Business

IFS warns Rachel Reeves against ‘half-baked dash for revenue’ | Institute for Fiscal Studies

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Rachel Reeves must avoid “a half-baked dash for revenue” or risk damaging economic growth as the chancellor seeks to close a large gap in...
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