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Tag Archives: new business ideas

Selling dreams

Media playback is unsupported on your device Luxury firms are often heavily involved in the art world, sponsoring individual artists or hosting exhibitions. But what is driving this interest?If you had wandered into the Palazzo della Civilta Italiana in Rome earlier this year, you could have been forgiven for …

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'Pure chance'

David Harrison puts his money where his mouth is.The boss and co-founder of UK financial services business True Potential is showing me the firm’s savings app on his iPhone.But the screen freezes, revealing his account details. Mr Harrison has serious money invested.”Well,” he says, “if a car dealer is …

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Overseas landlords shun the UK, as tax changes bite

The proportion of foreign landlords owning property in the UK has fallen to a new low, according to the country’s largest letting agent.Countrywide – which lets 90,000 properties – said just 5% of British homes now have overseas owners, compared with 12% in 2010.Foreign investors have previously been blamed …

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City envoy says France wants 'disruptive' Brexit

France hopes that Brexit will weaken Britain and London’s role as a financial centre, according to the City of London’s envoy to the EU. In a leaked memorandum, Jeremy Browne said French authorities were seeking “disruption”.”They are in favour of the hardest Brexit,” he wrote.”They are crystal clear about …

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Chancellor Philip Hammond hits back over public pay leaks

Media playback is unsupported on your device Public sector workers get a 10% “premium” over their private sector counterparts, Philip Hammond said as he warned ministers against leaking cabinet talks on the pay cap.The chancellor refused to comment on reports he had said at a meeting that public servants …

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Brexit: Hammond warns of UK investment uncertainty

Chancellor Philip Hammond has told the BBC’s Andrew Marr Show that businesses are holding off from investing in the UK because of uncertainty about Brexit. “It is absolutely clear businesses where they have discretion over investment, where they can hold off, are doing so – you can understand why.”They …

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US brides-to-be left dressless as Alfred Angelo folds

Thousands of US brides-to-be have been left in limbo after dressmaker Alfred Angelo filed for bankruptcy.The company closed its 60 stores without warning. It also supplies dresses to 1,400 other stores.In a statement on its website, the company apologised for the “inconvenience and hardship” caused. It said updates on …

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Tony Blair says EU could compromise on freedom of movement

Media playback is unsupported on your device Some EU leaders may be prepared to compromise on the free movement of people to help Britain stay in the single market, Tony Blair has said.He told the Today programme one option was for Britain “staying within a reformed EU”.The ex-PM said …

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