Starbucks withdraws name from Russia after 15 years

Last week, McDonald’s announced that it was selling its nearly 850 restaurants in Russia to a current licensee, Russian businessman Alexander Govor, and French carmaker Renault also said its business had been nationalised and would be run by Russian government entities.

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Pound rises ahead of expected Johnson resignation

Kitty Ussher, chief economist at the Institute of Directors, the UK employers' group, said: "What business hates most is uncertainty and instability, which heightens the sense of external risk. Having said that, we recognise that this is an issue for the Conservative...

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Will Nadhim Zahawi change tack on the economy?

He acknowledged both he and the prime minister wanted a "low-tax, high-growth economy, and world class public services", but Mr Sunak said this could only be "responsibly delivered if we are prepared to work hard, make sacrifices and take difficult decisions".

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Pound slides to two-year low against the dollar

George Godber, a fund manager with Polar Capital, said gas prices were set to rise even further later in the year: "Our companies are struggling with this deteriorating economic outlook. How do businesses and consumers plan for rising gas prices, and the squeeze in...

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