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The U.K.'s Financial Conduct Authority announced Thursday new rules for the country's stock market listings in a bid to boost growth following a slow down in IPOs. "They aim to support a wider range of companies to issue their shares on a UK exchange, increasing opportunities for investors," the regulator added. One key change is the removal of the 'premium' and 'standard' listing segments. Shareholder approval for key events, like reverse takeovers and decisions to take the company's shares off an exchange, is still required," the FCA said. Some rules around eligibility for listings will also change, such as the removal of a requirement for companies to provide track records of their revenue.
Organizations: Bank of England Locations: London, IPOs
Cypress Hill and the London Symphony Orchestra will perform "Black Sunday" at the Royal Albert Hall. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's taken almost three decades, but Cypress Hill and the London Symphony Orchestra will take to the stage on Wednesday for an orchestral rendition of the "Black Sunday" album, which features the hits "Insane in the Brain" and "I Wanna Get High." The one-off gig at London's Royal Albert Hall was sparked by a joke in a 1996 episode of "The Simpsons" titled "Homerpalooza." In the episode, Cypress Hill mistakenly booked the LSO for a performance, "possibly whilst high."
Persons: , London's Royal Albert Hall Organizations: London Symphony Orchestra, Royal Albert Hall, Service, London's Royal, Cypress Hill, Business Locations: Cypress Hill, Cypress
Read previewI moved to Nottingham in 2021 from India to pursue my master's degree at Nottingham Trent University. Tanushree Srivastava/BIBeginning life in the UKI arrived in the UK for the first time in 2021 as an international student. I had pre-booked a studio apartment in Nottingham city center with my friend, another international student at Nottingham Trent University. Even universities like Nottingham Trent and the University of Nottingham have huge gardens and greenery for students. One of the best parts of living in Nottingham was the commitment to its status as a "student city."
Persons: , I'd, Tanushree Srivastava, Srivastava, White Rose, Nero, Nottingham Organizations: Service, Nottingham Trent University, Business, Nottingham Trent, University of Nottingham, Nottingham canalside, Nottingham, Nottingham Bowl, BI Nottingham Locations: Nottingham, India, London, City, England, Trent, British, Rock City
CNN —The US already boasts a promising roster of young tennis stars but there is a new name on the scene. Emma Navarro is quickly establishing herself as a force to be reckoned with on the senior tour, with the 23-year-old reaching the quarterfinals at this year’s Wimbledon. I can’t wait to play again.”Navarro’s form at this year’s Wimbledon follows what has already been an impressive season for the youngster. The American reached the third round of the Australian Open earlier this year, before progressing to the fourth round at the French Open. In an interview with the Tennis Channel earlier this season, Navarro credited her calm demeanour and mindset to her dad.
Persons: Emma Navarro, Navarro, Coco Gauff, ” Navarro, , , Robert Prange, Jessica Pegula, Ben Navarro, “ He’s, he’s, Italian Jasmine Paolini Organizations: CNN, Court, Gauff, Wimbledon, American, WTA, Hobart International, Virginia, US, Sherman Financial Group, Forbes, Cincinnati, Tennis Locations: Italian
Follow live coverage of Wimbledon 2024Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. On day eight of Wimbledon 2024, Elena Rybakina stepped up to her new billing, the ATP made a germy decision, and there was chaos on Court One. Elena Rybakina is one of three players left in the women’s field who has won a Grand Slam title before. Rybakina plays with a big serve and with flat power that keeps her ball low. More importantly, do we too often discount the data point of winning a tournament on grass the week before Wimbledon?
Persons: Elena Rybakina, Rybakina, Julian Finney, , Anna Kalinskaya, , Elina Svitolina, She’s, Jelena Ostapenko, Barbora, Krejcikova, It’s, “ it’s, ” Matt Futterman, Yulia Putintseva, Ostapenko, Putintseva’s, Putintseva, 😂😂, ould, Fritz, ryo, aylor Fritz, Finney, Getty, bea, Rafael Nadal,, ” “Th, is ano, bec, hird, D., 🇪, 🇦 L., 🇸 A., Alves (Q, 🇹, B., Marte, J, Choi, 🇵, Nishiok, Goff, iva, J., 🇸 R., 🇷 L., 🇸 J., rin, Safi, T omlj, R, 🇸 R. M, Gade, 🇧 H., Tom o, 🇸 M., Zhan, 🇸, 🇳, Wang, 🇧, 🇦 28 D. Y, Bouzas, Su, D. Y, 🇷, ina, vito Organizations: Wimbledon, ATP, All England, Getty, WTA Tour, rte, acc, 🇨🇱, 🇬, 🇷, avon, 🇸, ritz, 🇺, ub, 🇧, (Q), 🇴 I. Begu, 🇴, Collins, Saville, Keys, uc Locations: Wimbledon, Ukraine, French
Read previewNate Anderson, the chief mind behind activist short-seller Hindenburg Research, has had an eventful past 18 months. AdvertisementDetailed below is the considerable back-and-forth that's taken place since Hindenburg's initial shot across the bow of Adani Group. It cited "numerous examples"of those companies funneling money through private companies owned by Adani, before cash was set to Adani's listed public companies. AdvertisementThe short-seller's investigation also found Adani's private and public companies to have "numerous" undisclosed transactions with other parties, the researchers found, which violates regulatory laws in India. Conflict over Hindenburg's short-selling arrangementIndian regulators have raised specific questions about the structure of Hindenburg's short bet on Adani Group.
Persons: , Nate Anderson, Gautam Adani, Hindenburg, it's, Anderson, Gautam, Hindenburg's, Adani, SEC —, Kingdon, who's, he's, Nikola, Carl Icahn Organizations: Service, Hindenburg, Business, Group, Adani, Adani Group, Hindenburg Research, The Securities, Exchange Board, SEC, Kingdon Capital Management, Regulators, Lordstown Motors, Icahn Enterprises, New York Times, Times, charlatans Locations: India, Manhattan, Adani, New York
Royal Academy of Arts, London / David ParryLondon has long been home to some of the world's leading art galleries — Tate Modern, Somerset House and the National Gallery are among the U.K.'s most visited attractions. CNBC asked a mix of artists to name their favorite public and commercial galleries to visit in London — large or small. Contemporary galleries — and an upscale hotelMultidisciplinary artist Lauren Baker, who is exhibiting at the Venice Biennale until November, named contemporary galleries — and a hotel — as her favorite places to see art in London. Her top London galleries include the Royal Academy of Arts, for its "wonderful" exhibitions, she told CNBC by email. Rob Stothard | Getty ImagesEdwards also likes major London galleries Tate Modern and Tate Britain.
Persons: David Parry London, Lauren Baker, Alice, It's, Rachael Louise Bailey, Matthew Harris, Baker, Woolff, Apolline Bokkerink, Joanne Tinker, Jeff Greenberg, Matthew Flower, Amanda Wilkinson —, Maureen Paley, Gillian Wearing, Wolfgang Tillmans, Ratnam, Katharine Edwards, Mark Rothko's, Rothko, Rob Stothard, Edwards, Mark Rothko, Komal Madar, Kandinsky, Munter, Komal, Madar, Judy Chicago's, Modigliani, Gilbert Proesch, George Passmore, Gilbert, Joe Maher, Tom Oldham, Dave Grohl, Usain Bolt, Gilbert Prousch, Oldham, Queen Elizabeth II, Andy Warhol, Phillips, Dan Kitwood Organizations: Royal Academy of Arts, Royal Academy of Arts ,, Somerset House, CNBC, Venice Biennale, Alice Black Gallery, Universal, Getty, Turner, Tate Galleries, Cricket Fine, London's Tate, Tate, Tate Britain, Seagram, Gilbert & George Centre, Oldham, George Centre, . Locations: London, Royal Academy of Arts , London, Venice, London's Soho, Fitzrovia, Mayfair, Andalusia, Spain, London's Chelsea, New York, Serpentine, Hyde, London's Bermondsey, Islington, Soho, England
Uncover Essex's hidden gems with Wow Hydrate's Queenie Porter
  + stars: | 2024-07-02 | by ( ) www.cnbc.com   time to read: +1 min
Just outside London's borders lies an English county filled with city amenities and laidback village vibes. Essex, which sits in the southeast of England along the North Sea, is the lifelong home of Queenie Porter, managing director of sports drink company Wow Hydrate. The company, which has partnered with high-profile sports names like Manchester United and Tyson Fury, is also headquartered in the county. "You have the best of everything," said Porter in an episode of CNBC's new travel series, Downtime London. When Porter isn't busy juggling running a business with several board roles, she likes to spend her downtime around Essex.
Persons: Queenie Porter, Tyson Fury, Porter, Porter isn't, Medispa Organizations: Manchester United, Essex Fight Academy Locations: London's, England, London, Chelmsford, Brentwood, Essex
Phobias come in many forms: Some people fear spiders while others fear flying on a plane. But the one thing they all have in common is that they're irrational, according to one phobia specialist. This trigger is handy when we were fighting saber-toothed tigers or if we were in actual danger, Jones said. "Human beings do the same thing," Jones explained. He shared his three top tips to overcome any fear with CNBC Make It.
Persons: Christopher Paul Jones, Jones, Ivan Pavlov Organizations: CNBC Locations: London, Russian
We have great news, too, we can help show you how to watch a free Wimbledon live stream for every match thanks to a comprehensive set of international viewing options. These handy apps let your devices mimic a UK location so you can carry on watching Wimbledon online for free. If you're not in the UK, you can enjoy a free Wimbledon live stream, too, if you're using a VPN to simulate your viewing device being in the UK. Watch Wimbledon online. How to watch Wimbledon in the USAIf you don't already have a bunch of cable channels, the best option to watch Wimbledon for most people in the USA is ESPN+.
Persons: VPNs aren't, We'd, Button, you'll, Stan Sport, Stan, ExpressVPN, There's Organizations: Business, BBC, Wimbledon, All England Club, BBC1, BBC2, USA, ESPN, ESPN Plus, Disney, Hulu, MLB, NHL, NFL, UFC, Disney Plus, ABC, ESPN2, Tennis Locations: England, Australia, 9Now, USA
But the latest workplace trends — "silent layoffs" and "quiet firing" — could be the most harmful to date. Silent layoffs occur when a company provides staff with severance packages but asks them to keep quiet about the details of their exit. Amit Rawal, a management lecturer at City University of London's Bayes Business School, told BI that silent layoffs have become "increasingly popular across larger corporations." Related storiesThe goal of silent layoffs is likely to minimize the amount of negative traction the company receives. Advertisement'A PR disaster waiting to happen'Experts told BI that quietly getting rid of employees could easily backfire when employees opt to fight back and speak out.
Persons: , PwC, Mohamed Kande, Amit Rawal, Eloise Skinner, it's, Skinner, Lucas Botzen, Suzanne Horne, Paul Hasting, Evan Nierman, Banyan, Dan Buckley, Buckley, Nierman, Horne Organizations: Service, Business, Financial Times, PwC Global Network, Europa Press, City University, London's Bayes Business, National Labor Relations, CNN, National Labor Relations Board, Dell, Workers, Amazon, BBC
WikiLeaks founder Julian Assange on Wednesday walked free after pleading guilty in a U.S. court in the Northern Mariana Islands, a U.S. commonwealth in the Pacific, to a felony charge for publishing U.S. military secrets. As part of the plea agreement, the U.S. is bound to withdraw its extradition request and recommended a sentence to time already served, with no additional fines issued. The WikiLeaks organization posted a statement on the X social media platform saying that Assange was due to fly to his native Australia. "Regardless of the views that people have about Mr. Assange's activities, the case has dragged on for too long. There's nothing to be gained by his continues incarceration, and we want him brought home to Australia.
Persons: Julian Assange, Assange, Barry Pollack, Chelsea Manning, Mr, Pollack, Anthony Albanese, " Albanese, London's, Stella Assange Organizations: Wednesday, U.S, U.S ., WikiLeaks, Bombardier Global Locations: U.S, Northern Mariana Islands, Saipan, Australia, Bangkok
But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.
Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain
LONDON — Britain's ruling Conservative party has become embroiled in a scandal concerning allegations that senior officials used inside knowledge to win bets on the date of the general election. Nick Mason, chief data officer for the Conservative Party, is the latest Tory official to be probed by the Gambling Commission, according to a report in The Sunday Times. CNBC was unable to immediately confirm this and the Conservative Party has not yet responded to a request for comment. Conservative MP for Montgomeryshire Craig Williams, who is also a close aide to the prime minister, was the first to face questions regarding a bet on the election date. The Conservative Party's campaign director Tony Lee, and his wife, Laura Saunders — the party's candidate in Bristol North West — are also being looked into by the Gambling Commission.
Persons: Rishi Sunak, Sunak, Nick Mason, Sunday Times . Mason, Montgomeryshire Craig Williams, Williams, Tony Lee, Laura Saunders —, Lee, Saunders Organizations: Conservative, Conservative Party, Tory, Gambling, Sunday Times, British, CNBC, Montgomeryshire, Bristol North, Commission, Independent, Metropolitan Police, Professional, Independent Office, Police
Taylor Swift performs on stage during "Taylor Swift | The Eras Tour" at Wembley Stadium on June 22, 2024 in London, England. Kevin Mazur | Getty Images Entertainment | Getty ImagesTaylor Swift fans enjoy parsing the singer-songwriter's lyrics for references to her romantic life and insights into her state of mind. The record's fifth track is titled "So Long, London." As Swift brings her blockbuster Eras Tour to London's Wembley Stadium this weekend, some Swifties therefore are wondering if they are witnessing the beginning of an extended goodbye. American pop singer Taylor Swift meets a fan while on stage during "Taylor Swift | The Eras Tour" at Wembley Stadium on June 22, 2024 in London, England.
Persons: Taylor Swift, Kevin Mazur, Swift, London, Prince William, Prince George, Princess Charlotte, valentine, Maggie Fekete, Frank Styles, Benjamin Cremel, Stella Elgood, Harry Styles, she's, Elgood, haven't, Styles, Travis Kelce, Joe Alwyn, Alwyn, ELLE, lister, Naomi May, Tom Holland Organizations: Wembley, Getty, Poets Department, London, Afp, Kansas City Chiefs, Sun, Department Locations: London, England, Wembley, American, Europe, British
Read previewTwo climate activists from the Just Stop Oil group were arrested after covering private jets in orange paint in a Taylor Swift-inspired stunt. One of the protesters is pictured after painting a private jet bright orange. AdvertisementA representative for Just Stop Oil confirmed to BI that the planes doused in paint did not belong to Swift. AdvertisementHowever, according to a study by My Climate Tracker, cited by The Tab, Travis Scott was the celebrity with the most private jet use in 2023. Meanwhile, Swift wasn't among the top 30 celebrities with the most private jet use in 2023, the outlet said.
Persons: , Taylor Swift, 🚨 Organizations: Service, , Business, UST Locations: Lo
Read previewWarning: Major spoilers ahead for "Bridgerton" season three, part two, and the book "Romancing Mister Bridgerton." Penelope Featherington's secret identity as Lady Whistledown is finally revealed in part two of "Bridgerton" season three. Since season one, Penelope (Nicola Coughlan) has secretly published a gossip column about London's high society under the pseudonym Lady Whistledown. Liam Daniel / NetflixIn "Romancing Mister Bridgerton," Colin Bridgerton discovers Penelope's Whistledown secret before their engagement and is the first person to find out. Liam Daniel / NetflixIn both "Romancing Mister Bridgerton" and "Bridgerton" season three, London's high society decides to hunt down Lady Whistledown.
Persons: , Bridgerton, Penelope Featherington's, Whistledown, Nicola Coughlan, Queen Charlotte, Golda Rosheuvel, Eloise Bridgerton, Claudia Jessie, Whistledown's, Julia Quinn, Penelope, Lady Whistledown, Colin, Luke Newton, Liam Daniel, Colin Bridgerton, Penelope's, she's, Madame Delacroix, Kathryn Drysdale, Eloise, Cressida Cowper, Colin doesn't, Jess Brownell, Cressida, Jessica Madsen, Penelope Featherington, Lady Danbury, Cressida doesn't, Lady Featherington, Laurence Cendrowicz, Philippa Finch, Harriet Cains Organizations: Service, Business, Netflix, Hollywood
A mockup of what Revolut's new global HQ in Canary Wharf will look like. RevolutBritish financial technology firm Revolut announced Thursday that it's planning to move its official headquarters in London to Canary Wharf, the city's major financial district. Revolut will relocate its global headquarters to the YY London building in the center of Canary Wharf. Canary Wharf is London's main financial district, home to many of the world's largest banks, insurers, and other financial institutions. Revolut said that its decision to open a new global headquarters at the heart of the city demonstrates that the firm remains committed to the U.K. market.
Persons: Revolut, Francesca Carlesi, Revolut's, Nikolay Storonsky, Vlad Yatsenko —, Organizations: Barclays, Citigroup, HSBC, Bank of England, Financial, Authority, Revolut's Locations: Canary, London, Revolut, Canary Wharf, U.K
There is so much more space in LA. Alice JohnstonOne of the first things I noticed when driving to the city from the airport was how it feels like LA has way more space than London. In the UK, it can be hard to forget that you're living on a small island with millions of people. Plus, almost every house I passed here seemed to have its own garden and tons of space inside. Someone in LA told me they never even realized expensive homes sometimes share walls with neighbors, which blew my mind.
Persons: Alice Johnston Locations: LA, London
Raspberry Pi, which makes tiny single-board computers priced its shares at 280 pence apiece. The Raspberry Pi offering comprises 45.9 million ordinary shares sold by the company's existing majority shareholder, Raspberry Pi Mid Co Limited, a wholly owned subsidiary of the Raspberry Pi Foundation. It also includes 2.13 million ordinary shares sold by other shareholders, along with 11.23 million freshly issued shares. If there is more demand, a so-called overallotement option will allow the Raspberry Pi Foundation to issue another 4.6 million shares. In 2023, Raspberry Pi posted revenues of $265.8 million, up 41% year-on-year from 2022.
Persons: Raspberry, Eben Upton, Raspberry Pi Organizations: London bourse, Sony, Sony Semiconductor Solutions, Sony Corporation, Pi, LSE, Retail, Co, Pi Foundation Locations: Europe, U.S, British
Injured passengers of the turbulence-hit Singapore Airlines flight SQ321 have been offered compensation. The airline announced on Facebook that it's offering $10,000 to passengers with minor injuries. The flight from London to Singapore was diverted to Bangkok after it dropped 178 feet in 4.6 seconds. AdvertisementSingapore Airlines has offered injured passengers upwards of $10,000 in compensation after their flight hit severe turbulence and plunged 178 feet in under five seconds. In a Facebook post on Tuesday, the carrier said that those who had sustained minor injuries on Flight SQ321 from London's Heathrow Airport to Singapore's Changi Airport were entitled to compensation.
Persons: Organizations: Singapore Airlines, Facebook, Service, Business Locations: London, Singapore, Bangkok, London's
They may also be one of the cat breeds that live the longest. Most cat breeds are less than 150 years old, and there isn't a lot of information on how differences between the various types affect their lifespans. To help change that, a recent study compared 12 common cat breeds to determine which ones live the longest. Predicting the life expectancy of catsBirman cats were among the longest-lived cats in a recent study on breed life expectancies. AdvertisementFor example, siamese and mixed-breed cats' life expectancies were over 11.5 years, whereas others — Norwegian Forest, Maine Coon, Russian, and British — were over 9.5 years.
Persons: , Dan O'Neill, Shirlaine Forrest, Maine Coons, expectancies, Norwegian Forest , Maine Coon, Leslie Lyons, Birmans, Lyons, it's, Pulsub Organizations: Service, Business, London's Royal Veterinary College, Chung Hsing University, Maine Coon, University of Missouri, of Feline Medicine Locations: Taiwan, Maine, Ragdolls, Norwegian Forest , Maine, British, Bengal, Russian
Hotel prices are exploding. As the owner of Destination Europe, she is sending “record numbers” of clients to the continent this year. There’s been such a huge demand for travel in the past three years, and lots of places are pushing up prices.”Is summer in Europe already a washout? Socrates Baltagiannis/picture alliance/Getty ImagesData from Hotel Monitor, American Express Global Business Travel’s annual analysis of worldwide hotel rates, backs his theory up. His prediction appears to be coming true: although the Amex GBT analysis predicted a 11% spike in Paris hotel rates this year, so far they have only risen 8%.
Persons: “ There’s, , Tom Jenkins, ” Kayla Zeigler, Graham Carter, , There’s, you’re, it’s, Eric Gaillard, Reuters It’s, they’re, Eiffel, Hagia Sophia, Jenkins, Tim Hentschel, that’s, It’s, Milos, Hotelplanner's Tim Hentschel, Socrates Baltagiannis, Hentschel, haven’t, Conde Nast, Hayley Berg, Hopper, Berg, Jaime Reina, , ’ ” They’re, Daniela Santanchè, ” Zeigler, Carter, , Charles de Gaulle, ” They’re, Zeigler, ” –, – Berg, bookers, Henry Nicholls Organizations: CNN, European Tourism Organisation, Unforgettable, , Reuters, Getty, Hotel Monitor, American Express Global, , AFP, Italy –, Games Locations: Europe, Bosnia, Bulgaria, Denmark, Iceland, Poland, Romania, Sweden, Switzerland, Czech, Hungarian, Ukrainian, Ukraine, Turkish, Hagia, Venice, Paris, Amsterdam, Dublin, Berlin, Stockholm, Barcelona, London, Murcia, Marbella, Windsor, Paddington, Rome, Athens, Venice’s, Mallorcan, Italy, Amalfi, Positano, Amalfi Coast, Puglia, Sicily, Slovenia, Croatia, Ireland, Portugal, France, airfare, London's, AFP
Gary Hershorn | Getty ImagesLONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub. Salesforce said it expects the AI center to play a role in creating 500,000 AI-related jobs in the U.K. $4 billion investment in UKThe AI center forms part of a $4 billion investment in the U.K., which Salesforce committed to make over five years in 2023. In addition to announcing the opening of its AI center, Salesforce also revealed that it had invested more than $200 million into U.K. startups via its venture capital arm, Salesforce Ventures. Salesforce reported revenue of $9.13 billion for the period, up 11% from a year ago but below analyst expectations of $9.17 billion.
Persons: Gary Hershorn, Salesforce, Zahra Bahrololoumi, Aston Martin, McLaren, John Lewis, Salesforce's, Salesforce's Bahrololoumi Organizations: Getty, Enterprise, Salesforce Ventures, Labs Locations: New York City, London, U.S, Ireland
Google parent Alphabet must face a mass lawsuit which accuses it of abusing its dominance in the online advertising market, London's Competition Appeal Tribunal (CAT) ruled on Wednesday. The lawsuit, which seeks damages of up to 13.6 billion pounds ($17.4 billion) on behalf of publishers of websites and apps based in the United Kingdom, is the latest case to focus on the search giant's business practices. Ad Tech Collective Action is bringing the claim on behalf of publishers who say they have suffered losses due to Google's allegedly anticompetitive behaviour. Google last month urged the CAT to block the case, which it argued was incoherent. Ad Tech Collective Action's lawsuit is just the latest against a tech giant at the CAT, which already this year has certified a $3.8 billion case against Facebook parent Meta and a nearly $1 billion case against Apple.
Organizations: Ad Tech, Google, CAT, Ad, Facebook, Apple Locations: United Kingdom
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