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Why Sotheby’s Agreed to Be Bought by a Telecom Executive for $3.7 Billion49m Why Sotheby’s Agreed to Be Bought by a Telecom Executive for $3.7 Billion
Patrick Drahi’s acquisition of the auction house, which has recently struggled to turn a profit, will return it to private ownership after 31 years of being publicly traded.
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Currencies in USD
GBP 1,26 -0,397%
EUR 1,12 -0,356%
CHF 1,00 -0,299%
Businesses Plead to Stop More China Tariffs. They Expect to Be Ignored.1h 10m Updated Businesses Plead to Stop More China Tariffs. They Expect to Be Ignored.
Companies say more tariffs would hurt businesses and consumers, but many have become resigned to the idea that president will do what he wants.
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The factory making shoes out of plastic bottles1h 44m The factory making shoes out of plastic bottles
This Adidas factory in India makes shoes and clothes out of polyester from recycled plastic bottles.
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Labour propose a new ombudsman for gambling industry2h Labour propose a new ombudsman for gambling industry
Tom Watson says the move would tackle abuse and target help at problem gamblers Labour would set up a new gambling ombudsman to protect consumers, deputy leader Tom Watson will say today, citing a string of scandals that have raised concerns about “predatory” practices in the industry. In a speech at the thinktank Demos, Watson will unveil the latest plank of a plan to overhaul betting regulation via a new Gambling Act, following
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Nicholas Sparks Apologizes for Anti-Gay Comments in 2013 Emails2h Nicholas Sparks Apologizes for Anti-Gay Comments in 2013 Emails
Mr. Sparks apologized for comments he made in emails released as part of a lawsuit that claims he spread a rumor an ex-employee had Alzheimer’s.
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California Tests a Digital ‘Fire Alarm’ for Mental Distress2h Updated California Tests a Digital ‘Fire Alarm’ for Mental Distress
The state is teaming up with Silicon Valley to make mental health services more available. Promises abound, and so do potential problems.
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2h Facing Post-Lagerfeld Era, Chanel Says Latest Profits Were Up
The privately owned French fashion house has a new creative director, strong sales growth and a firm message: Chanel is not for sale.
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Money Is Not Just for Men2h Updated Money Is Not Just for Men
Sallie Krawcheck — once a Wall Street executive, now an advocate for women investing — on how women can get their fair share.
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What Makes a Leader?2h Updated What Makes a Leader?
Gentle, harsh, remote, accessible. What’s a woman to be? Maybe all those things at once.
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Why a Telecom Executive Is Buying Sotheby’s for $3.7 Billion3h Why a Telecom Executive Is Buying Sotheby’s for $3.7 Billion
Patrick Drahi’s acquisition of the auction house, which has struggled to turn a profit recently, will return it to private ownership after 31 years of being publicly traded.
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What Businesses Claim Will Hurt Them (and You) if New Trump Tariffs Take Effect3h What Businesses Claim Will Hurt Them (and You) if New Trump Tariffs Take Effect
More than 300 people plan to testify in Washington about the impact on companies, workers and the American consumer.
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Progressives Vowed Driver’s Licenses for the Undocumented. Then the Suburbs Spoke Up.3h Updated Progressives Vowed Driver’s Licenses for the Undocumented. Then the Suburbs Spoke Up.
The topic is one of the most divisive issues before the State Legislature this year, and Democrats worry it could endanger them politically.
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Sports Illustrated Has a New Publisher, Digital Company TheMaven4h Updated Sports Illustrated Has a New Publisher, Digital Company TheMaven
The deal ends Sports Illustrated’s ties to its former owner, Meredith, a few weeks after the Authentic Brands Group bought the magazine’s intellectual property.
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European Airlines plunge almost £2bn after Lufthansa warning4h European Airlines plunge almost £2bn after Lufthansa warning
The German carrier said that a price war between short-haul European firms is hitting it hard, particularly at budget arm Eurowings. Lufthansa's shock update sent shares tanking 11 per cent.
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ALEX BRUMMER: Defence contractor Babcock fights off takeover bids and disgruntled employees4h ALEX BRUMMER: Defence contractor Babcock fights off takeover bids and disgruntled employees
It is not surprising that when expansion-minded Serco sought to board its platform with a £4bn merger, soon-to-retire Babcock chairman Mike Turner gave it the brush-off.
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Airbus does brisk trade at the Paris Air Show as arch rival Boeing apologises for plane crashes 4h Airbus does brisk trade at the Paris Air Show as arch rival Boeing apologises for plane crashes 
The European plane maker signed agreements to sell 118 of its aircraft, including more than 30 of its latest model, which it launched at the international event yesterday.
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Property tycoon Nick Candy throws more cash behind podcast maker Audioboom4h Property tycoon Nick Candy throws more cash behind podcast maker Audioboom
Candy (pictured with his wife Holly Valance) and Michael Tobin, Audioboom's chairman, have signed a deal to give the business up to £3.2m to help it pay for new shows and producers.
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KPMG fined £40m after staff cheat on ethics exams and get illegal tip-offs about inspections4h KPMG fined £40m after staff cheat on ethics exams and get illegal tip-offs about inspections
The firm was hit with the penalty in the US, after the Securities and Exchange Commission uncovered a host of bad behaviour. Accountants shared the answers to professional exams, the SEC said.
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Woodford chief handed £3m loan by company: Cash used to pay tax bill as he renovated mansion 4h Woodford chief handed £3m loan by company: Cash used to pay tax bill as he renovated mansion 
Craig Newman took the interest free loan from Woodford Investment Management between March 2017 and March 2018, according to the company's accounts.
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The Trade War Is Taking Money From Your Wallet, and Returning Some, Too4h Updated The Trade War Is Taking Money From Your Wallet, and Returning Some, Too
The Trump administration’s taxes made that washing machine cost more, but gas is cheaper because the markets are jittery about the trade war.
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‘The Hunger Games’ Prequel Is in the Works4h Updated ‘The Hunger Games’ Prequel Is in the Works
Suzanne Collins’s dystopian trilogy about children fighting to the death, later adapted as a series of blockbuster movies, is getting a prequel.
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Comedian Wins $4.1 Million in Lawsuit Against The Daily Stormer4h Updated Comedian Wins $4.1 Million in Lawsuit Against The Daily Stormer
The neo-Nazi website falsely accused the comedian, Dean Obeidallah, of committing terrorism. He hopes to give money to organizations that fight white supremacy.
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The U.S. Has Its Eye on Big Tech. Will Criminal Inquiries Result?5h The U.S. Has Its Eye on Big Tech. Will Criminal Inquiries Result?
Could Facebook, Google or Apple be considered monopolies? Increased government oversight of the technology giants could consider that possibility.
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5h Updated In Its Post-Lagerfeld Era, Chanel Is Still Earning Profits
The privately owned French fashion house has a new creative director, strong sales growth and a firm message: Chanel is not for sale.
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Huawei Chief Predicts Sales Will Flatline After Trump Crackdown5h Updated Huawei Chief Predicts Sales Will Flatline After Trump Crackdown
Being cut off from American technology will hurt business at the Chinese company this year and next, Ren Zhengfei said, though he vowed a 2021 recovery.
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Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale5h Updated Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale
Patrick Drahi’s acquisition of the auction house, which has struggled to turn a profit recently, will return it to private ownership after 31 years of being publicly traded.
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Tory donor lined up for trade minister role6h Tory donor lined up for trade minister role
Theresa May risks igniting a cronyism row during the final weeks of her premiership by lining up a Conservative Party donor as the government's next trade and investment minister.
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The Boutique Fitness Boom6h Updated The Boutique Fitness Boom
Can $40 exercise classes save the attenuated American mall?
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Kier Group must execute a fast recovery to restore investor confidence6h Kier Group must execute a fast recovery to restore investor confidence
New boss Andrew Davies’ rescue strategy looks sensible, they just need to get on with it What were they smoking in Kier Group’s boardroom last September when the directors decided it would be prudent to increase shareholders’ annual dividend by 2% to 69p? Nine months later, the contracting group’s
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World War II Planes Can Still Fly, but Who Will Keep Them Flying?6h Updated World War II Planes Can Still Fly, but Who Will Keep Them Flying?
A number of organizations are now training young pilots and engaging students in the art of flying and repairing vintage aircraft.
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Marin Alsop Raises the Baton for Women Conductors7h Updated Marin Alsop Raises the Baton for Women Conductors
“The great thing about the last two years is I feel empowered to speak out even further. Now I feel like I have company, and that there’s a safety net.”
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London will need more than 50,000 public electric car chargers by 20258h Updated London will need more than 50,000 public electric car chargers by 2025
London currently has 2,100 public plug-in points at 1,200 locations spread over the city. It means the city's infrastructure will need to expand by more than 2,300 per cent over the next six years.
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Airbus unveils new jet at Paris airshow and $15bn worth of orders8h Airbus unveils new jet at Paris airshow and $15bn worth of orders
The A321XLR is a long-haul version of the A321neo – a rival of Boeing’s grounded 737 Max Airbus has stepped up the pressure on arch-rival Boeing on the opening day of the Paris airshow by launching a new long-range small passenger jet and announcing $15bn (£12bn) worth of orders. The European manufacturer unveiled the A321XLR, a long-haul version of the A321neo that competes with Boeing’s
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China Backs Hong Kong’s Leader Despite Huge Protests8h China Backs Hong Kong’s Leader Despite Huge Protests
Yet it is unclear how long Carrie Lam can continue to govern the territory after her retreat on a contentious extradition proposal.
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FTSE LIVE: Sterling slides; Babcock rejects Serco bid; Kier to shed 1,200 jobs9h Updated FTSE LIVE: Sterling slides; Babcock rejects Serco bid; Kier to shed 1,200 jobs
The FTSE 100 closed up 0.16%, or 11.53 points at 7,357.31. Meanwhile the pound was worth less than $1.26 as the battle for PM rolls on.
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Number of people with problem guarantor loan debt doubles in two years9h Updated Number of people with problem guarantor loan debt doubles in two years
A record number of people are heading to debt charities with help over guarantor loans - including Emma, pictured, who paid back £23k after borrowing £10k from Amigo Loans.
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Virtual Brand Promoters Are So Lifelike, You Just Might Believe What You See9h Updated Virtual Brand Promoters Are So Lifelike, You Just Might Believe What You See
From Calvin Klein to KFC, the rise of the computer-generated influencer on social media.
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Britons charged over €440m dividend tax loophole9h Britons charged over €440m dividend tax loophole
Two British citizens have been charged in Germany over tax evasion worth €440m (£390m) in a case linked to the reimbursement of taxes on share dividends.
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Bitcoin heads back toward $10,000 milestone and sits at 14-month high9h Bitcoin heads back toward $10,000 milestone and sits at 14-month high
Facebook's announcement it is looking to launch its own cryptocurrency has helped spur a bitcoin rally that has seen it climb to its highest level since April 2018.
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Why a bookie-bashing Royal Ascot may add to racing’s money misery10h Why a bookie-bashing Royal Ascot may add to racing’s money misery
Results at Cheltenham and the Grand National meeting have left a £17m shortfall in the sport’s finances and a good week for punters would be bad news for racingThere will be quite a few individuals at Royal Ascot this week for whom £17m is the rough equivalent of the small change which the rest of us put in a pot by the front door for emergencies. Racing as a whole, however, still considers £17m to be quite a lot of money, and it also happens to be the size of the dent which was left in the sport’s finances by the Cheltenham and Aintree Festivals earlier in the year. The results at those two meetings were, overall, very good for the punters and therefore very bad for the bookies. At Cheltenham, nine of the 28 races went to the favourite, including a six-race sequence on the middle two days when the backers could do no wrong. One of the winners was Tiger Roll, probably the most popular horse in training, who
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Drug Prices Are a Populist Campaign Issue. Here Are the Latest Proposals to Lower Costs.10h Updated Drug Prices Are a Populist Campaign Issue. Here Are the Latest Proposals to Lower Costs.
After years of public outrage, some bipartisan solutions are emerging. But whether they will make it through a divided Washington is still unclear.
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Citizens Advice chief rages at lack of action on rip-offs10h Updated Citizens Advice chief rages at lack of action on rip-offs
Gillian Guy says Citizens Advice has found it is more likely to be vulnerable and older people who are less likely to know they are paying more than they should be.
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Going, going, gone: Sotheby’s auction house sold for $3.7bn10h Going, going, gone: Sotheby’s auction house sold for $3.7bn
Patrick Drahi, a French-Israeli telecoms billionaire, takes 275-year-old company private Sotheby’s has agreed to a takeover by the billionaire art collector Patrick Drahi, in a $3.7bn (£2.9bn) deal that restores the auction house to private ownership after three decades on the stock market. The New York-based company, which
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Jet Airways lenders plan insolvency proceedings10h Jet Airways lenders plan insolvency proceedings
What was once India's biggest private carrier is saddled with $1bn of debt and has been seeking a buyer.
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Should we give our house to our children to avoid care fees?10h Should we give our house to our children to avoid care fees?
A couple in their 70s ask if they should pass on their home to their children. This is Money columnist Steve Webb says councils are on alert for people who 'deprive' themselves of capital to avoid care fees
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The Mystery of the Miserable Employees: How to Win in the Winner-Take-All Economy10h The Mystery of the Miserable Employees: How to Win in the Winner-Take-All Economy
The business unit was doing well, but the employees were sad. Could data offer a clue?
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The Big Question for the Fed This Week: Did We Make a Mistake?11h The Big Question for the Fed This Week: Did We Make a Mistake?
Pressure from the president, pressure to appear independent, and pressure to make the right call.
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Business department workers continue strike action for better pay11h Business department workers continue strike action for better pay
Caterers stage Caribbean cookout to raise money, with others to join strike on Tuesday Catering staff from the Westminster headquarters of the Department for Business, Energy and Industrial Strategy (BEIS) have staged a Caribbean cookout outside their workplace during the latest leg of a long-running strike for better pay and conditions. They served passersby and civil service colleagues jerk and fried chicken, rice and peas, salad and fruit punch in exchange for donations to their strike fund. By Friday, the outsourced workers will have walked out for 15 days since January after
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SMALL CAP IDEAS: Diaceutics offers new take on the drug development process11h SMALL CAP IDEAS: Diaceutics offers new take on the drug development process
Its ticker symbol - DXRX - tells you all you need to know about the business. DX is the industry abbreviation for testing and RX the shorthand for treatment.
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PPI mis-selling claims: The deadline approaches12h PPI mis-selling claims: The deadline approaches
With a deadline for compensation claims just weeks away, people are being urged to act now.
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Huawei sees £23.8bn hit to revenues from US bans13h Huawei sees £23.8bn hit to revenues from US bans
Huawei's founder has predicted the company's revenue will take a $30bn (£23.8bn) hit over two years from US restrictions on its business.
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Interserve chairman Barker heads for the exit13h Interserve chairman Barker heads for the exit
The chairman of Interserve is preparing to step down within months of a deal that saw the outsourcing giant taken over by its lenders.
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Kier to cut 1,200 jobs as it seeks to cut costs13h Kier to cut 1,200 jobs as it seeks to cut costs
The troubled construction and services firm is attempting to save £55m a year by 2021.
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DealBook Briefing: Why Wall Street Likes Mayor Pete (and Harris and Biden)13h DealBook Briefing: Why Wall Street Likes Mayor Pete (and Harris and Biden)
Big financial donors have started to favor three candidates in the Democratic presidential primary — and none are hometown politicians.
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Huawei smartphone sales hit amid US curbs13h Huawei smartphone sales hit amid US curbs
The founder of the Chinese telecoms giant says overseas sales of its mobile phones have sunk 40%.
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The price of plenty: how beef changed America – podcast14h The price of plenty: how beef changed America – podcast
Exploitation and predatory pricing drove the transformation of the US beef industry – and created the model for modern agribusiness
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INVESTMENT EXTRA: Just how safe are the other star fund managers? 14h Updated INVESTMENT EXTRA: Just how safe are the other star fund managers? 
Just five years ago, the Neil Woodford left Invesco to slaps on the back all round. Now, some of his closest allies in the industry are keen to distance themselves .
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New Patisserie Valerie owners put butter back in cakes14h New Patisserie Valerie owners put butter back in cakes
Causeway Capital acquired the chain after alleged fraud left a multi million-pound hole in its accounts.
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Is swapping your home ever a good idea - and what are the pitfalls? The This is Money podcast14h Updated Is swapping your home ever a good idea - and what are the pitfalls? The This is Money podcast
Much is made of the difficulties faced by first-time buyers to get onto the property ladder, but less talked about is the problem facing second steppers and those looking to downsize.
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The charity donation websites that take a cut of your kindness14h Updated The charity donation websites that take a cut of your kindness
What many people do not realise is that the majority of website providers siphon off some of the hard-earned donated money to pay for running the business or to make money.
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TONY HETHERINGTON: Pet passport firm should be in the dog house 14h TONY HETHERINGTON: Pet passport firm should be in the dog house 
Two days before departure, while we were obtaining a 'Fit to Fly' certificate, the vet found a lump in my dog's throat, but I couldn't get my money back.
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Asking house prices back near record high, says Rightmove14h Asking house prices back near record high, says Rightmove
Despite continuing political uncertainty, the average asking price of a home in the UK stands at £309,348 - just £91 below the peak of £309,439 seen a year ago, according to property website, Rightmove.
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Airbus launches new long-range jet as Boeing struggles15h Airbus launches new long-range jet as Boeing struggles
Airbus has launched a new long-range jet at the start of the Paris Air Show as main rival Boeing continues to face questions over the crisis for its 737 MAX fleet.
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Kier Group to cut 1,200 jobs in attempt to avoid collapse15h Kier Group to cut 1,200 jobs in attempt to avoid collapse
Construction and services company’s shares hit record low as it struggles with debt Kier Group, the construction and services company involved in major projects including Crossrail and HS2, is to cut 1,200 jobs in the UK as part of measures to reduce its debt pile and avoid a collapse akin to those of its rivals Carillion and Interserve. Shares in the troubled construction and services company tumbled to a new low of 109p on Monday afternoon, down 17%,
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MIDAS SHARE TIPS UPDATE: Life-changing treatment from Creo Medical15h MIDAS SHARE TIPS UPDATE: Life-changing treatment from Creo Medical
Midas recommended Creo, based in Chepstow in South Wales, in December 2016, when the shares were 81p. Today they are £1.94 and brokers believe they have significantly further to go.
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MIDAS SHARE TIPS: The diagnosis? Renalytix is a healthy investment15h MIDAS SHARE TIPS: The diagnosis? Renalytix is a healthy investment
Neil Woodford's interest in early-stage healthcare firms was once widely praised. Now he faces criticism for his selection, not least because many of them are not even quoted businesses.
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Does opening the loft hatch help lower the temperature indoors? 16h Does opening the loft hatch help lower the temperature indoors? 
I have started to open the loft hatch in our three-bedroom house, the logic being that the hot air has somewhere to escape - but I don't know if it is really helping. Is it a good idea?
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Income protection insurance: What is it, do you need it, and how do you get the best deal?16h Income protection insurance: What is it, do you need it, and how do you get the best deal?
This type of insurance pays out to you if you can't work due to an injury. It doesn't pay you out a lump sum - instead it will provide a monthly income until you return to work or retire.
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Deadline looms to make a claim on mis-sold PPI16h Updated Deadline looms to make a claim on mis-sold PPI
The City regulator tomorrow launches the last leg of a campaign that encourages people to claim compensation for mis-sold PPI before the August 29 deadline.
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Price war profit warning brings turbulence for airline shares17h Price war profit warning brings turbulence for airline shares
Shares in European airlines have plunged after Lufthansa blamed intense short haul competition for a profit warning.
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Brexit: UK growth tipped to slow as firms run down stockpiles18h Brexit: UK growth tipped to slow as firms run down stockpiles
Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group. After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.
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Struggling Kier to cut 1,200 jobs and sell non-core businesses18h Struggling Kier to cut 1,200 jobs and sell non-core businesses
Construction and services firm Kier Group is to cut 1,200 jobs and non-core businesses as it seeks to turnaround its fortunes.
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I’m £960 out of pocket for trying to help the Met police19h I’m £960 out of pocket for trying to help the Met police
I was promised I’d get my money back for damage after a forced entry, but every time I’m refused
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From Inclusion to Support: How to Build a Better Workplace19h From Inclusion to Support: How to Build a Better Workplace
At the New Rules Summit, hosted by The New York Times, participants working in groups proposed changes to create equitable environments in the workplace. Here are the topics, quotations from group leaders and takeaways.
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UK-listed firms can sell shares in China for the first time20h UK-listed firms can sell shares in China for the first time
UK-listed companies can sell shares in China for the first time from today as the London-Shanghai Stock Connect service opens for business.
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Greensill, a financial technology firm advised by David Cameron, starts out on a buying spree20h Updated Greensill, a financial technology firm advised by David Cameron, starts out on a buying spree
Last week, Greensill, set up by ex-Morgan Stanley and Citigroup banker Lex Greensill, snapped up Finacity Corporation from Bank of America and credit insurer Euler Hermes.
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Harassment, Equality, Power: What Leaders Said at the New Rules Summit21h Harassment, Equality, Power: What Leaders Said at the New Rules Summit
The conference, hosted last week by The New York Times, explored the progress of women in the workplace.
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Where Weary Travelers Can Lay Their Heads, and Watch Planes Go By21h Where Weary Travelers Can Lay Their Heads, and Watch Planes Go By
New York has joined the crowded field of high-end airport hotels. But globally, it has tough competition.
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Taking CBS News to ‘a Better Place’21h Taking CBS News to ‘a Better Place’
Susan Zirinsky, president of the division, has applied her trademark work ethic to helping her organization adjust its course.
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Work-Life Conflict Doesn’t Stop After Maternity Leave21h Work-Life Conflict Doesn’t Stop After Maternity Leave
Parents need support as their children grow older, and there are few policies that address it.
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‘How Perfect Do I Need to Be?’21h ‘How Perfect Do I Need to Be?’
Too often, women are haunted by the question of whether people think they’re good enough to do the job at hand. Experts’ advice: Don’t even ask.
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Helping Women Overcome Society’s Outdated Messages on Money21h Helping Women Overcome Society’s Outdated Messages on Money
Financial lessons take root at an early age. Girls are usually taught to budget and be careful with money, while boys are taught to be more aggressive.
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Airlines Try New Ways to Build Pilot Ranks21h Airlines Try New Ways to Build Pilot Ranks
Increasing financial support and the number of women cadets are seen as important markers of success.
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Exposing the Bias Embedded in Tech21h Exposing the Bias Embedded in Tech
It’s important to have diverse teams; when it’s just white men doing the programming, artificial intelligence systems are based on how they act.
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Mario Draghi Saved the Euro. Will His Successor Be Equally Committed?21h Mario Draghi Saved the Euro. Will His Successor Be Equally Committed?
The exiting president of the E.C.B. famously vowed to do “whatever it takes” to preserve the eurozone currency. It is unclear whether whoever follows him can be counted on to do the same.
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Gender Stereotypes Banned in British Advertising21h Gender Stereotypes Banned in British Advertising
No more commercials showing men struggling to do a load of laundry, or asking women if they are “beach body ready.”
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From bootcamp to burnout: how to make it as a YouTuber – podcast23h From bootcamp to burnout: how to make it as a YouTuber – podcast
Young stars on the Google-owned site can become multi-millionaires almost overnight but controversy has stalked every stage of YouTube’s growth. Plus: Amelia Abraham on rising LGBT hate crimes The phenomenal success of Google’s video-sharing website YouTube has made stars of some of its most popular users. From beauty tips to video game walkthroughs, lifestyle vlogs and prank videos, the site has entranced a generation. But there is a darker side to the success story. It has had to grapple with people using the social network to publish hate speech. And its young stars have faced burnout.
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Driver’s Licenses for the Undocumented: New York’s Immigration Land Mine25h Updated Driver’s Licenses for the Undocumented: New York’s Immigration Land Mine
The topic is one of the most divisive issues before the State Legislature this year, and Democrats worry it could endanger them politically.
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Last call for PPI, says finance watchdog26h Last call for PPI, says finance watchdog
FCI launches advertising blitz to encourage applications for a refund before the August deadline The City regulator is launching a final call for payment protection insurance compensation, as the total paid out to consumers passes £35bn. With just over two months to go until the deadline for lodging a PPI claim the UK’s Financial Conduct Authority is launching a new advertising campaign to encourage more applications.
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UK growth tipped to slow as firms run down Brexit stockpiles26h UK growth tipped to slow as firms run down Brexit stockpiles
Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group. After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.
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Carole Ghosn calls for President Trump to back her husband26h Carole Ghosn calls for President Trump to back her husband
The wife of the former Nissan boss Carlos Ghosn wants pressure put on Japan over his legal battle.
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Food App Couriers Exploit Migrants Desperate for Work in France26h Updated Food App Couriers Exploit Migrants Desperate for Work in France
Some contractors are dealing with rate cuts by leasing their accounts to immigrants, many of them underage or in the country illegally, and taking part of their pay.
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I’m a Financial Journalist Who Was Bored Silly by Mergers. Not Anymore.26h Updated I’m a Financial Journalist Who Was Bored Silly by Mergers. Not Anymore.
It took me 20 years to warm to deal-making. I just needed some antitrust flare-ups.
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Can you claim pension credit and get a free TV licence next year?27h Updated Can you claim pension credit and get a free TV licence next year?
Only the poorest pensioners - those who claim pension credit - will be allowed to continue to watch the public service broadcaster's television channels for free.
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Boeing Chief Acknowledges ‘Mistake’ Over 737 Max Warning Light27h Updated Boeing Chief Acknowledges ‘Mistake’ Over 737 Max Warning Light
The executive, Dennis Muilenburg, made the statement on the eve of the Paris Air Show, one of the industry’s most important sales events.
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How Hong Kong’s Leader Made the Biggest Political Retreat by China Under Xi28h Updated How Hong Kong’s Leader Made the Biggest Political Retreat by China Under Xi
Limited consultation within the Hong Kong government, and none with the public, led to an unexpected setback for local authorities and China’s government.
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RUTH SUNDERLAND: Unfair pay for Woodford shows gulf between savers and money managers is too wide29h RUTH SUNDERLAND: Unfair pay for Woodford shows gulf between savers and money managers is too wide
The whole point of investment funds is that they are supposed to democratise the stock market. Whether they have actually done that is debatable.
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The Terminator helps fire up a £10bn last dash for PPI refunds as the crunch deadline looms29h The Terminator helps fire up a £10bn last dash for PPI refunds as the crunch deadline looms
Customers claimed £334 million in April ahead of the August 29 deadline, according to new figures from the Financial Conduct Authority (FCA).
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Superdrug sales shine with revenues up 3.3% as the chain benefits from a vegan beauty boom 29h Superdrug sales shine with revenues up 3.3% as the chain benefits from a vegan beauty boom 
Profits at the chain, which has 816 outlets, fell by 5 per cent to £88.3 million. Bosses hailed 'pleasing results in challenging times' - a nod to the turmoil on the high street.
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Listed companies in the UK are the first foreign firms to sell shares in China29h Listed companies in the UK are the first foreign firms to sell shares in China
The London-Shanghai Stock Connect will allow British companies to raise funds in Shanghai, and vice versa. More than 250 firms listed in Shanghai may be eligible to take part in Stock Connect.
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Wahaca changes eat-and-run policy after waiter asked to pay part of bill29h Updated Wahaca changes eat-and-run policy after waiter asked to pay part of bill
A waiter in a London branch was asked by the manager to pay £3 towards a £40 unpaid bill.
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Major global firms accused of concealing their environmental impact31h Major global firms accused of concealing their environmental impact
More than 700 companies, including Amazon, Tesco and ExxonMobil, lack transparency, campaign group claims A $10tn (£7.9tn) investor alliance has accused more than 700 companies, including Amazon, Tesco and ExxonMobil, of failing to reveal the full extent of their impact on the climate crisis, water shortages and deforestation. The major global companies, with a combined worth ofmore than $15tn, lack transparency over their effect on the environment, according to the intervention by some of the world’s biggest financial names.
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Italy’s Toying With a ‘Mini-BOT’ Worries E.U. and Investors34h Updated Italy’s Toying With a ‘Mini-BOT’ Worries E.U. and Investors
The populist government says issuing mini-treasury bills, similar to IOUs, would help Italy deal with its debt. Others see a scheme to leave the euro.
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Tory leadership race: EU will renegotiate Brexit package, says Hunt35h Updated Tory leadership race: EU will renegotiate Brexit package, says Hunt
Mr Hunt said if there is no prospect of a deal by 31 October he would accept a no-deal Brexit.
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Firms give staff terror training after London Bridge response delays35h Firms give staff terror training after London Bridge response delays
Increasing numbers of businesses are training their staff in how to help in the aftermath of a terrorist attack following concerns about how long it could take emergency services to reach victims.
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Why WAS fallen fund giant Neil Woodford allowed to invest in firms run by his circle of associates? 37h Updated Why WAS fallen fund giant Neil Woodford allowed to invest in firms run by his circle of associates? 
Analysis by The Mail on Sunday found that a number of the stock picks that Woodford made can be linked to individuals from the fund manager's close circle of associates.
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Thirsty work in San Diego, the craft brewing capital of America37h Thirsty work in San Diego, the craft brewing capital of America
Raise a glass to the Californian city with more than 200 craft breweries and tasting rooms It is early morning and I’m swimming in a coffin-shaped pool surrounded by gnarly ancient cacti, overlooked by a 12-storey floral mural. It was an invigorating way to wake up listening to the muted stirring of downtown LA – and I needed it after only two hours’ sleep. The night before, the
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MIDAS SHARE TIPS: The diagnosis? Renalytix is a healthy investment free from Woodford Disease37h Updated MIDAS SHARE TIPS: The diagnosis? Renalytix is a healthy investment free from Woodford Disease
Neil Woodford's interest in early-stage healthcare firms was once widely praised. Now he faces criticism for his selection, not least because many of them are not even quoted businesses.
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STOCK MARKET WATCHLIST: An age-old question for Just Group - should we sell up?38h Updated STOCK MARKET WATCHLIST: An age-old question for Just Group - should we sell up?
Just Group's shares have slumped almost 60 per cent in a year following regulatory changes that forced the company to raise fresh equity and debt.
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Council staff pensions at risk from Woodford investments38h Council staff pensions at risk from Woodford investments
At least three local authorities have put in up to £10m in sister scheme hit by suspension of flagship fund Council workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensions schemes at risk from the fund’s declining share price. Shares in the Woodford Patient Capital Trust Fund have tumbled 25% to 58p since 3 June, when Woodford made the
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How Data Can Help You Win in the Winner-Take-All Economy39h Updated How Data Can Help You Win in the Winner-Take-All Economy
To adapt to a faster pace of change, it helps to learn how to crunch numbers about whole organizations — and about yourself.
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My battle plan to fix broken investment industry for customers, NOT fat cats39h Updated My battle plan to fix broken investment industry for customers, NOT fat cats
Jeff Prestridge says generating wealth from a portfolio of investments has never been easier thanks to online dealing services and the plethora of opportunities available.
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Is the global economy in for a new oil shock? | Larry Elliot39h Is the global economy in for a new oil shock? | Larry Elliot
Trump’s hawkish stance with Iran could prove too much for an already fragile world economy An oil price surge prompted by trouble in the Middle East inevitably conjures up memories of late 1973, when a dramatic rise in the cost of crude ended the long postwar global economic boom. No question, the embargo organised by Opec during the Yom Kippur war was a game changer. The west had got used to oil prices of around $2 a barrel; within weeks it was paying $11 a barrel. Inflation soared, growth slowed, unemployment hit levels not seen since the 1930s.
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CASH IN THE ATTIC: A signed first edition of James Joyce novel Ulysses could bag you £275k39h CASH IN THE ATTIC: A signed first edition of James Joyce novel Ulysses could bag you £275k
Today is Bloomsday - the day in 1904 that the character Leopold Bloom walked the streets of Dublin in the James Joyce novel Ulysses. A first edition of this sold for £275,000 a decade ago.
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Why Barnardo girl Esther McVey, who tried to become PM, keeps her savings locked away in the bank39h Updated Why Barnardo girl Esther McVey, who tried to become PM, keeps her savings locked away in the bank
Defeated Tory leadership candidate Esther McVey would drastically reduce Britain's foreign aid budget so she could spend extra on schools and the police if she became Chancellor of the Exchequer.
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TONY HETHERINGTON: The pet passport firm that should be in the dog house 40h TONY HETHERINGTON: The pet passport firm that should be in the dog house 
One reader wasn't impressed with the service they received from a company in Slough called Passport for Pets. The firm refused any refund after their dog was diagnosed with thyroid cancer.
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‘Catastrophic,’ ‘Cataclysmic’: Trump’s Tariff Threat Has Retailers Sounding Alarm40h ‘Catastrophic,’ ‘Cataclysmic’: Trump’s Tariff Threat Has Retailers Sounding Alarm
Struggling to compete against online rivals, retailers could be forced to close more stores if tariffs hit Chinese footwear, toys and apparel, analysts say.
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MIDAS SHARE TIPS UPDATE: Treatment for stomach cancer from Creo Medical revives shares too40h Updated MIDAS SHARE TIPS UPDATE: Treatment for stomach cancer from Creo Medical revives shares too
Midas recommended Creo, based in Chepstow in South Wales, in December 2016, when the shares were 81p. Today they are £1.94 and brokers believe they have significantly further to go.
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This woman is crusading against the cashless society - so, could she become the saviour of cash?40h Updated This woman is crusading against the cashless society - so, could she become the saviour of cash?
Natalie Ceeney is the author of the recent 'Access To Cash Review' report which highlighted the dangers of the country's relentless march towards a cashless society.
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Titan of the stock market Xavier Rolet finally speaks out40h Updated Titan of the stock market Xavier Rolet finally speaks out
The 59-year-old is now chief executive of CQS, the asset management firm of Sir Michael Hintze, a billionaire Tory party donor. The Mail on Sunday met him at CQS's swanky London HQ.
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Betfred owners cash in on a £10m jackpot, despite the firm making a £40.7m loss40h Updated Betfred owners cash in on a £10m jackpot, despite the firm making a £40.7m loss
The betting giant, led by 76-year-old chief executive Fred Done, has now lost £69.4 million in two years, blaming a Government crackdown on controversial fixed-odds betting terminals (FOBTs).
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M&S shares hit ten-year low in tie-up with Ocado40h Updated M&S shares hit ten-year low in tie-up with Ocado
The shares closed at £2.16 last week - their lowest level since January 2009, during the financial crisis. The group tapped £600 million from investors to fund its recent deal.
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Bribery probe into the U.S. investor behind UK Addiction Treatment Centres sparks talk of a sale40h Updated Bribery probe into the U.S. investor behind UK Addiction Treatment Centres sparks talk of a sale
City sources said UK Addiction Treatment Centres, also known as UKAT, and its backer, US-based Eli Global, have been sounding out financial advisers about 'strategic options'.
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Heirs to the KP Nuts fortune are hit by a second successive shareholder rebellion over pay 40h Updated Heirs to the KP Nuts fortune are hit by a second successive shareholder rebellion over pay 
Investors holding 27 per cent of shopping centre owner London & Associated Properties voted against the re-election of Sir Michael Heller as a director.
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How indie bookshops are fighting back41h How indie bookshops are fighting back
Independent bookshops are thriving because they understand readers’ tastes better than an Amazon algorithmAs global temperatures rise at the rate political standards fall, the news that independent bookshops are reviving gives rare cause for celebration. Last year the number of indies on UK high streets grew for the second year running – by 15 to 883, according to the
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Travel insurance: why cheap policies can cost you dearly41h Travel insurance: why cheap policies can cost you dearly
As insurers compete to offer the lowest prices, fees and exclusions have been rising Rachel Taylor had booked a holiday cottage in the Lake District as a treat for her mother. Two weeks before their holiday her father became seriously ill and she had to cancel. He died soon afterwards. Since the payment was non-refundable, Taylor claimed the £646 cost on her travel insurance. To her astonishment, she was told that she was only entitled to half that. “I was told it was because there were two people travelling, and my policy paid out on a per-person basis,” she says. “I argued that the cost for the week was £646 for the cottage, irrespective of the number of people, the entire booking was in my name only and I was the only person who had suffered any financial loss. How can my mum be expected to make a claim when her name does not appear anywhere on the booking confirmation?”
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Travel insurance: why cheap policies can count you dearly42h Travel insurance: why cheap policies can count you dearly
As insurers compete to offer the lowest prices, fees and exclusions have been rising Rachel Taylor had booked a holiday cottage in the Lake District as a treat for her mother. Two weeks before their holiday her father became seriously ill and she had to cancel. He died soon afterwards. Since the payment was non-refundable, Taylor claimed the £646 cost on her travel insurance. To her astonishment, she was told that she was only entitled to half that. “I was told it was because there were two people travelling, and my policy paid out on a per-person basis,” she says. “I argued that the cost for the week was £646 for the cottage, irrespective of the number of people, the entire booking was in my name only and I was the only person who had suffered any financial loss. How can my mum be expected to make a claim when her name does not appear anywhere on the booking confirmation?”
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Adding Boris Johnson to Brexit is pouring fuel on to the fire | William Keegan43h Adding Boris Johnson to Brexit is pouring fuel on to the fire | William Keegan
As investment nears collapse, the last thing Britain needs is a PM so contemptuous of business and so fiscally heedlessI have been critical, I hope with good reason, of Jeremy Corbyn’s equivocation over what is rapidly becoming a pressing need to call another referendum. But credit where credit is due: at least the Labour leader attempted in the Commons last week to block the possibility of a no-deal Brexit –
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Crypto is coming: get ready to spend Facebook’s money43h Crypto is coming: get ready to spend Facebook’s money
The social network is likely to release details of its cryptocurrency this week: and it won’t be much like BitcoinFirst it had your friends, then it had your pictures, then it had your diary. Now, in the latest effort to entwine its systems still further into the everyday lives of its users, Facebook wants to get into your wallet. On Tuesday, the social media behemoth is expected to reveal its own cryptocurrency, which has variously been called Libra and GlobalCoin. However, unlike other cryptocurrencies, the new creation will not have been founded in the spirit of libertarianism, outside the backing of established, conventional authorities. Instead, it appears to have the endorsement of more than 12 corporations, from Uber to PayPal, Visa and Mastercard.
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Carney should turn again to the Bank’s biggest problem: the City43h Carney should turn again to the Bank’s biggest problem: the City
In his last Mansion House speech, the governor should make clear that the Square Mile must remain on a short leashWhen the Bank of England’s governor, Mark Carney, addresses City grandees this Thursday at Mansion House in London, he could step outside his usual comfort zone and
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Millions at risk of retiring on incomes below living wage43h Millions at risk of retiring on incomes below living wage
Campaigners urge the pensions industry to do more to encourage people to save Pensions providers have been called on to do more to encourage people to
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Workers see job promises vanish as bosses pocket Trump tax windfall43h Workers see job promises vanish as bosses pocket Trump tax windfall
AT&T, General Motors and Wells Fargo vowed to use tax cuts to create jobs. In fact, they did the opposite Stephen Smith worked at an AT&T call center in Meriden, Connecticut, for over 20 years before the giant telecoms company announced it was closing the city’s three call centers in February 2019. “At 46 years old, I’m looking for a new job,” Smith said. “They basically told us we either need to move south or lose our job. It was out of the blue. We had no idea.”
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How Silicon Valley’s whiz-kids finally ran out of friends | John Naughton43h How Silicon Valley’s whiz-kids finally ran out of friends | John Naughton
The tech founders said they were not like the evil capitalists of old. We should have known betterRemember the time when tech companies were cool? So do I. Once upon a time, Silicon Valley was the jewel in the American crown, a magnet for high IQ – and predominately male – talent from all over the world. Palo Alto was the centre of what its more delusional inhabitants regarded as the Florence of Renaissance 2.0. Parents swelled with pride when their offspring landed a job with the Googles, Facebooks and Apples of that world, where they stood a sporting chance of becoming as rich as they might have done if they had joined Goldman Sachs or Lehman Brothers, but without the moral odium attendant on investment backing. I mean to say, where else could you be employed by a company to which every president, prime minister and aspirant politician craved an invitation? Where else could you be part of inventing the future? But that was then and this is now. It’s taken an unconscionable length of time, but the tide of approbation has turned. Tech has suddenly lost its halo. Everywhere one looks, we find groups sharpening knives for a critique or an attack on big tech. In an
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