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Sainsbury’s ex-boss urges VAT rise to save High Street

Business rates should be halved and VAT increased to 22% in a bid to save the High Street, former Sainsbury’s boss Justin King has said.

Trump says Johnson’s Brexit could rule out US trade deal

Speaking to Nigel Farage on LBC Radio, the US president has said Boris Johnson’s Brexit deal could prevent the UK from agreeing a trade deal with the US.

Quarter of salaries must be saved for retirement – IFoA

UK savers must set aside a quarter of their earnings if they want to look forward to a ‘moderate’ level of retirement income, the IFoA has said.

Savers withdraw £3bn from small pensions

Small defined contribution pensions are being emptied by thousands of savers each week under small pot lump sum rules, according to official statistics.

Swiss Re’s net income up but catastrophes hit underwriting result

Global reinsurance giant Swiss Re has reported group net income of $1.3 billion for the first nine months of the year, supported by growth in reinsurance.

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