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Tax and spend is the new game in Brexit Britain

British Chancellor of the Exchequer Philip Hammond and Bank of England chief Mark Carney are a two-man Brexit juggling act, valiantly trying to convince the outside world that they can keep the UK from crashing to earth. The duo have survived political mud-slinging by Brexiteers, a faltering economy and heavy criticism of deep cuts to public spending (Hammond) and historically ...

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What an Amazon pharmacy could solve and what it won’t

If Amazon’s move to disrupt health care is going to make Americans any healthier, the improvement is most likely to take place in the business of getting prescription drugs to patients more reliably. For one thing, there’s plenty of room for improvement. Failure to take prescription drugs kills about 125,000 Americans a year, according to a recent review in the ...

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London’s bankers are an unproductive bunch

Being a banker in London is probably the very definition of belonging to “the 1 percent.” Yet only one in three is satisfied with his or her pay, according to one survey. Considering the stagnant productivity in the city’s finance sector, perhaps they should be more grateful. Britain as a whole has been a productivity laggard since the financial crisis, ...

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