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Jeremy Hunt badly needs some good news. After weeks of gloomy economic data, especially on inflation, on Monday the chancellor will turn to the City of London in the hope of channelling billions of pounds of the UK’s pensions savings into boosting growth. Hunt’s annual Mansion House speech comes at a crucial time for an
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The Dutch government has collapsed after a dispute over curbs on immigration. Mark Rutte, the prime minister, announced on Friday night that his four-party coalition government would tender its resignation to King Willem-Alexander and there would be an election.  Rutte, 56, has been in power since 2010 with four coalition governments and is the EU’s
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Dinner with a couple who are in town for a week. Then with another. Each pair, unknown to the other, expresses an itch to move to London. Each testifies that it is more “cosmopolitan” than their present habitat. No news there. A common report. Now, if I tell you that one of the couples lives
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If Mark Zuckerberg and Elon Musk’s recent sparring online is to be believed, the two entrepreneurs will soon face off in a “cage match” in Las Vegas or Rome. The president of the Ultimate Fighting Championship, Dana White, has said he is trying to organise this real-life clash of the tech titans, claiming that both
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The message the world’s top central bankers delivered late last month could not have been clearer. Bank of England governor Andrew Bailey, and his US and eurozone counterparts Jay Powell and Christine Lagarde, all insisted that high inflation — and high interest rates — would endure. When it comes to the US and the eurozone,
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Wealthy individuals who benefit from the UK’s non-dom rules paid record sums to the exchequer in the past tax year, in spite of tighter rules governing the regime. HM Revenue & Customs raised £8.5bn from non-domiciled taxpayers in 2021-22, it said on Thursday. Receipts were at their highest level since rule changes were introduced in
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European stocks followed Asia lower on Friday, extending the sharp global equities sell-off from the previous session, as investors turned to US jobs data to offer further clues on interest rates. Europe’s region-wide Stoxx 600 lost 0.2 per cent, led by declines in utilities and healthcare stocks. France’s Cac 40 fell 0.1 per cent, Germany’s
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Before dabbling in football as co-owner of Wrexham AFC, Ryan Reynolds was best known as a movie star playing Deadpool in the franchise inspired by the Marvel comics anti-hero and for taking the lead in films such as Free Guy and The Adam Project. On LinkedIn, Reynolds strips the glitter from his stellar acting experience,
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Six more women have alleged that financier Crispin Odey sexually assaulted or harassed them, expanding the timeline of his abuse across five decades and raising further questions as to the extent his behaviour was tolerated by senior colleagues. The women came forward after the Financial Times last month published the accounts of 13 women who
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