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RUTH SUNDERLAND: Wall Street warms to Joe Biden

On a pre-Covid visit to the US last year, I was surprised and rather pleased when several Chicagoans engaged me in knowledgeable conversation about Jacob Rees-Mogg, John Bercow and Black Rod.  Turns out Parliament TV was a bit of a craze in the Windy City, where viewers were fascinated with …

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Don’t end duty free, top brands tell Chancellor

Top luxury brands including Ted Baker and Fortnum & Mason have warned the Chancellor that axing duty-free sales during the Covid-19 pandemic will put thousands of retail jobs further at risk.  In an open letter to Rishi Sunak, 16 firms said removing VAT refunds for international visitors to shops would …

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G4S urges shareholders to block hostile takeover

Security firm G4S has urged shareholders to block a hostile takeover by Canadian rival Garda World after its bid was published.  Garda set out its plans in detail in a statement on Saturday, sticking by its offer price of 190p per share despite G4S’s claim it undervalues the company.  It …

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Lloyds widens HBOS review after pressure from campaigners

High Street bank Lloyds has widened a compensation scheme for victims of the HBOS Reading fraud after pressure from campaigners.  The £245m scandal saw a gang of bankers wreck small businesses and spend the proceeds on prostitutes, holidays and luxury goods.  Fraud: The £245m scandal saw a gang of bankers wreck …

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