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Gilts are bland. But even Indian bonds aren’t spicy?

  The one-two punch of rising US interest rates and a strengthening dollar is making investors crave spicy yields. Markets were in turmoil last week when 10-year UK gilts struggled to find takers even at 4.5% — and only calmed down when the Bank of England stepped in as a buyer. However, it isn’t just British fare that’s getting passed ...

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Democrats try to persuade as Republicans mobilise

  The political outlook heading into the final month of the campaign is muddled, to say the least. Inflation is near record highs, which is bad news for incumbent Democrats. On the other hand, abortion rights are under siege across the country, which is an issue that works in Democrats’ favor. Meanwhile, a former president who is the subject of ...

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M&S starts digital payment tool to help customers buy on credit

Bloomberg Marks & Spencer Group Plc is starting to offer a digital credit account allowing customers to spend as much as £500 interest-free as shoppers battling the higher cost of living seek to postpone their payments. Sparks Pay is available to customers who have signed up to the M&S Sparks loyalty program and allows shoppers one-click purchases on the M&S ...

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