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The UK’s G20 presidency will push Andy Burnham to the centre of the global stage. What will he use it for? | Michael Jacobs
Source: The Guardian
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Cut spending to curb runaway borrowing costs, Goldman's Gutman tells governments
Goldman Sachs' Anthony Gutman said lower fiscal deficits are needed tackle surging bond yields.
The Guardian
Lidl GB’s sales soar by over 10%, helped by price cuts and Deluxe range
German-owned supermarket beats Morrisons to become fifth largest grocer in Great Britain Business live – latest updates Lidl’s sales in Great Britain jumped 10% to more than £13bn this year, as shoppers sought out cheaper fresh meat, fruit and vegetables and snapped up its Deluxe range. Pre-tax profit at the German-owned supermarket’s arm in Great Britain grew by 30% to £245.5m in the year ended in February, up from £156.8m in the previous year. Continue reading...
BBC Business
BT agrees rescue deal to buy broadband operator TalkTalk
The takeover still needs to be approved by the regulator, but would give certainty to TalkTalk's millions of customers
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China shuts hundreds of banks as Beijing moves to shore up its financial system
Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.
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Cerebras stock climbs 6% after Sam Altman calls the chipmaker a 'close partner'
Cerebras stock climbed in premarket trading after OpenAI's CEO Sam Altman reassured investors that the firm is a "close partner."
CNBC
Three tax votes in November that will affect high earners
Voters will decide whether to raise or lower taxes on the wealthy in multiple states next month, with California leading the way with a potential wealth tax.