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October 28, 2022
The UK’s banking sector contributed more taxes to the Government in the last financial year as concerns over the UK’s future competitiveness grow, according to a new report. It comes as banks are bracing for new tax measures that could see a bigger chunk of their profits eaten up by fiscal policy. The UK’s banking...
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The partly-state-backed lender said it made pre-tax operating profits of £1.1billion in the third quarter, up 11 per cent on last year but £300million lower than the previous quarter and slightly less than the £1.2bn forecast by analysts. Like its peers, NatWest benefited from rising interest rates, but it also set aside more cash for potential...
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More than £1.3 trillion has been wiped off the value of UK bonds since the start of 2022 following a major sell-off across bond markets, according to new figures out this morning. The value of UK corporate bonds has fallen by £514.5bn since the beginning of this year.© Provided by City AM Just over £882bn has...
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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed in...
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