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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

Heathrow warns of delays as suspected cyber-attack hits European airports | Heathrow airport

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Flights have been delayed and cancelled at airports including Heathrow after an alleged cyber-attack targeted a service provider for check-in and boarding systems.Airports in...
Business

Trump says Xi Jinping has agreed to approve TikTok deal, but details unclear | TikTok

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Donald Trump said on Friday that he and Xi Jinping had agreed to approve a deal over TikTok.“He approved the TikTok deal,” Trump said...
Business

UK borrowing hits five-year high for August at £18bn | Government borrowing

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UK government borrowing rose to a five-year high in August, official figures show, fuelling growing expectations for Rachel Reeves to raise taxes at the...
Business

Chancellor’s problems deepen as UK government borrowing jumps in August, and consumer confidence slips – business live | Business

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Key eventsShow key events onlyPlease turn on JavaScript to use this featureMHA: "UK public sector borrowing jumps again deepening the Chancellor’s worries"This morning’s jump...
Business

Bank of England holds interest rates at 4% and slows scheme to sell stock of UK bonds | Interest rates

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The Bank of England has left interest rates on hold at 4% and will slow the pace of its “quantitative tightening” programme in the...
Business

Federal Reserve cuts US interest rates for first time since December | Federal Reserve

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The US Federal Reserve cut interest rates on Wednesday, its first rate cut since December, as the central bank moved to stabilize a wobbling...
Business

Federal Reserve cuts interest rates from 4.25% to 4% amid Trump pressure – live updates | Federal Reserve

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Fed cuts interest rate by a quarter pointThe Fed just announced an interest rate cut by a quarter point, which was largely anticipated amid...
Business

UK set on resolving standoff with big pharma, science minister says | Pharmaceuticals industry

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The UK is determined to resolve its standoff with the pharmaceutical industry and reverse a 10-year decline in NHS spending on medicines, the science...
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