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The Bank of England's first stress test of the shadow banking sector reveals potential risks, indicating that a market shock could trigger a £17 billion asset sell-off. Concerns echo pre-2008 financial crisis issues, highlighting vulnerabilities in largely unregulated financial institutions.
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Chinese electric vehicle maker BYD plans to launch its Sealion 07 SUV in Europe in 2025, despite new tariffs imposed by the EU and US on Chinese EVs. The company remains confident in its competitive pricing and market strategy as it seeks to grow its international presence.
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James McMurdock, a Reform UK MP, faces backlash after revelations of a past assault conviction. He was jailed for kicking his girlfriend 18 years ago, contradicting his claims of a minor incident. Party leader Nigel Farage supports McMurdock, citing forgiveness, while critics argue he should not hold a position of power.
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The Discovery+ series 'Meet the Rees-Moggs' offers an intimate look at Jacob Rees-Mogg and his family during the lead-up to the recent election, showcasing their upper-class lifestyle and the impact of political changes on their lives. The series highlights the family's dynamics amid Jacob's political challenges, culminating in his electoral defeat.