Why Ted Baker is poorly suited to today’s high street | Fashion

There was a time when Ted Baker was a go-to brand for young professionals across Britain, offering clothes that tended to fall on the smart side of smart-casual. Its suits will have seen many a job interview or christening, its dresses will have been worn on Friday nights out with colleagues, its hoodies snuggled into […]

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Super-rich family buy £65m house after Johnson’s victory | Business

A super-rich European family on Friday bought a house in central London for £65m, saying their decision was a direct result of Boris Johnson’s historic Conservative party election victory. The family instructed the luxury estate agency Beauchamp Estates to buy the property in an undisclosed “prime central London” location as investors and the very wealthy […]

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China confirms ‘phase one’ trade deal with US | Business

China and the US have reached an initial trade deal, according to China’s commerce ministry while Donald Trump tweeted that both sides had agreed to a “very large Phase One Deal”. Vice-minister Wang Shouwen said at a news briefing in Beijing late on Friday that both sides had reached a phase one deal that would […]

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Johnson’s Brexit needs to deliver economic benefits … and fast | Business

A soaring pound. Shares rising to record levels on the stock exchange. With the threat of a Labour government removed, it was a familiar story in the City once details of the exit poll were released. The last time the Conservatives won four elections in a row was 1992, and there were echoes of John […]

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Pound surges and UK stocks hit record high after Boris Johnson wins Tory landslide

Pound surges and UK stocks hit record high after Boris Johnson wins Tory landslide

Stock markets and the pound rose sharply on Friday after Boris Johnson’s Conservatives secured a resounding general election win.  The FTSE 250 index of mid-sized UK firms surged 4 per cent to an all-time high on hopes that Mr Johnson will swiftly bring an end to the Brexit deadlock. Sterling jumped 2.1 per cent to $1.34 […]

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Pound surges after Conservative election triumph and trade deal hopes – business live | Business

UK election results at 5.20am this morning Photograph: Simon Scarr/Reuters Good morning. It’s a Blue Friday in the financial markets, as the Conservative Party secures a stunning election victory in Thursday’s general election. Sterling has been flying since last night’s exit poll showed Boris Johnson was on track for a big win, and has remained […]

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How to expand American economic pie | Business

December is usually a time for looking back on the past year and forward to the year ahead. In 2019 we have witnessed rising political extremism (on both the left and right) and polarisation, increased government instability and growing tensions between central and subnational governments. Each trend will continue in 2020. Almost everywhere one looks, […]

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US reaches ‘deal in principle’ with China to end trade war | Business

The White House has reached a “deal in principle” with Beijing to resolve the 17-month US-China trade war, according to a source briefed on the trade talks. The White House was expected to make an announcement later on Thursday, the source said. “The written agreement is still being formulated, but they have reached an agreement […]

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Lachlan Murdoch’s $150m Beverly Hillbillies mansion buy breaks record | US news

A Los Angeles mansion built in the 1930s and seen in the credits for the TV show The Beverly Hillbillies has been sold for about $150m, the highest home price ever in California. The buyer of the Chartwell estate is Lachlan Murdoch, son of Rupert Murdoch and co-chairman of publishing company News Corp, the Los […]

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Can we believe Trump when he says US-China trade deal is ‘very close’? | Business

Last week Donald Trump thought it might be best to delay any trade deal with China until after next year’s US presidential election. Now he says the two countries are “very close” to a deal. As ever with Trump, it’s hard to take any statement at face value but, on this occasion, the timing probably […]

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