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Former finance minister Sunak cements lead in race to be Britain's PM
Former finance minister Rishi Sunak cemented his lead over rivals to become Britain's next prime minister on Thursday in an increasingly bitter race to replace Boris Johnson.
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Exclusive: Barclays seeks entry into China's $4.3 tln asset management market - sources
Barclays is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with knowledge of the matter said, as part of British lender's plans to expand its footprint in the world's second-largest economy.
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Who could take over as UK prime minister?
Sunak, who supported Brexit during the 2016 referendum, earned millions in finance before politics, and his Indian wife Akshata Murty's father co-founded the IT giant Infosys.
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UK 'jobs miracle' turns into employers' nightmare
Britain is set to have the lowest economic growth of any Group of Seven country, projections show.
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Lloyds offers extra support to 2 million customers as cost rises hit hard
Britain's biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after identifying they could need extra support to cope with soaring food and energy prices and rising debt costs.
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Exclusive-Britain and Japan aim to merge Tempest and F-X Fighter programmes-sources
Britain and Japan are close to an agreement to merge their next-generation Tempest and F-X fighter jet programmes, with the two countries aiming for a deal on a new joint project by year-end, three sources told Reuters.
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G20 finance chiefs meet as Indonesia warns of energy, food catastrophe
Both Russian Finance Minister Anton Siluanov and Ukrainian Finance Minister Serhiy Marchenko are participating virtually in the meeting.
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Central banks rapidly shift gears in bid to stem inflation tidal wave
Central bankers around the world are scrambling to adjust to stubbornly high inflation at risk of getting further out of hand and forcing stronger policy actions that increase the risk of a global recession.
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Amazon offers to settle EU antitrust cases over rival data
Amazon also made an offer to end a second EU investigation on whether its hugely popular Prime service unfairly pushes buyers towards sellers using Amazon's logistics service.
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Global crypto rules needed to keep markets clean, says UK watchdog
Global rules are needed to regulate international crypto firms like Binance and "keep markets clean", Britain's Financial Conduct Authority said on Thursday.
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