European Central Bank warns of growing risks to global financial stability – as it happened

Rolling coverage of markets, economics and business news amid warning of increased risks posed by non-bank lendersMore detail: Risks to global financial stability have increasedTwitter enters general election fray with rebuke to Conservatives Stock mar…

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Jo Swinson gets best reception at CBI for Lib Dems’ pro-EU stance

Lukewarm welcome for both Corbyn and Johnson as leaders court business community Latest election news – live updatesJo Swinson was the most warmly received of the party leaders to appear on stage at the CBI’s annual conference, as the Liberal Democrat …

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Europe is squeezed between a hungry China and surly US | Simon Tisdall

With Merkel on the way out, who can keep the union intact as Beijing’s influence grows and the White House’s hostility rises?The idea of Xi Jinping as a modern-day Odysseus seems a little far-fetched. But China’s globetrotting president proved a match …

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Europe is squeezed between a hungry China and surly US | Simon Tisdall

With Merkel on the way out, who can keep the union intact as Beijing’s influence grows and the White House’s hostility rises?The idea of Xi Jinping as a modern-day Odysseus seems a little far-fetched. But China’s globetrotting president proved a match …

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London ballroom hosts showcase event for ‘golden passports’

Three PMs attend marketing sales event on how wealthy can snap up EU citizenship for $100,000Three prime ministers took to a stage in the ballroom of a five-star London hotel this week offering the world’s wealthiest people “golden passports” and citiz…

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How immigration became Britain’s most toxic political issue

Over 20 years, the debate about freedom of movement has become skewed by a hostile narrative. By Rachel ShabiFew chance encounters have had a greater political impact than Gordon Brown’s fateful meeting with Gillian Duffy on an April morning in Rochdal…

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The Guardian view on trade after Brexit: a new cliff edge looms | Editorial

Tesla’s decision not to locate a factory in the UK exposes a fatal flaw in Boris Johnson’s planThe pace of an election campaign tests the attention span of even the most committed observer. In a less frenzied climate, political debate might have dwelt,…

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Monopolies cost Americans $300 a month. We’re no longer the land of free markets | Thomas Philippon

In a reversal from a few decades ago, American consumers are facing oligopolies while Europeans benefit from competitionWhen I landed in Boston in 1999, the United States was the land of free markets. Many goods and services were cheaper here than in E…

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