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            Friday 09/05/25

          • In BIG PICTURE NEWS, the US signs a trade deal with the UK, the Bank of England cuts interest rates, Trump proposes income taxes on the wealthy and we see energy headaches. In FINANCIALS NEWS,Coinbase buys Deribit, BlackRock gets feisty, China's ageing population power insurance, the FCA eases off on building societies and PE defies the M&A slowdown. In MISCELLANEOUS NEWS, Expedia disappoints, Peloton cuts marketing, Next ups guidance but S4 suffers from the AI onslaught. AND FINALLY I bring you a confusing place in China...

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