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☆ Naomi Campbell showcases fast fashion collection with PrettyLittleThing
▼ + stars: | 2023-09-07 | by ( Alex Rees | ) edition.cnn.com time to read: +5 min

On Tuesday night in New York City, Campbell debuted a collection designed with the fast-fashion brand PrettyLittleThing — days before the official beginning of New York Fashion Week’s Spring-Summer 2024 show calendar. Naomi Campbell closes the runway show for her new collection with PrettyLittleThing. Campbell poses for promotional photos wearing looks from her PrettyLittleThing x Naomi Campbell collection. A model walks the runway during PrettyLittleThing x Naomi Campbell at Cipriani 25 Broadway on September 05, 2023 in New York City. Dimitrios Kambouris/Getty ImagesTwo of the collection’s ensembles were created by emerging designers Campbell brought into the fold: Victor Anate and Edvin Thompson.

Persons: Naomi Campbell, Campbell, Evan Agostini, “, Chris Parnell, Davido, Campbell’s, “ I’m, ” Campbell, Women’s, ‘ Let’s, ’, WWD, Cipriani, Dimitrios Kambouris, Victor Anate, Edvin Thompson, haven’t, — Campbell, Winnie Harlow, Alton Mason, Emily Ratajkowski, Halima, Tommy Dorfman, Teyana Taylor, Kola, Julia Fox Organizations: New, New York CNN, New York, Nigerian -, Broadway, “ Locations: New York, New York City, ”, Nigerian - American, chainmail, Halima Aden

☆ Where in the World Are People Back in the Office?
▼ + stars: | 2023-09-04 | by ( ) www.nytimes.com time to read: +2 min

In London, a politician wrote not-so-subtle notes to remote workers last year, hoping to persuade them to spend more time in the office: “Sorry you were out when I visited,” Jacob Rees-Mogg, then a government minister, recalled writing in messages left on the desks of Cabinet Office staff members who were working from home. When the coronavirus pandemic took hold in 2020, many industries across the world shifted to remote or hybrid work. It was an immense experiment that yielded different results for different cities — with long-term standoffs between executives and workers in some cases, and a sweeping return to the office in others. Whether a person is more likely to do work at a cubicle in a big office tower or on the living room couch now depends on where in the world those cubicles and couches are. Many Asian countries have lower levels of remote work than countries in Europe and North America.

Persons: ” Jacob Rees, Mogg, Jem Kim, videoconference, Autónomo, México Organizations: Sequoia, Stanford, Instituto, Ifo Institute Locations: London, Seoul, San Mateo, Calif, Europe, North America, Britain, Canada, United States

That has led to a rare situation in Canada where banks are seeing mortgage amortizations getting extended beyond 30 years, sparking calls from regulators to take immediate action to mitigate risks. For the other four banks, mortgages amortizing under 25 years account for a half to nearly three quarters. Scotiabank's Canada head Dan Rees said the bank was now being more "disciplined with regards to customer selection" for new mortgages. Still, the risks remain elevated as consumers are struggling to make monthly payments due to the rising cost of living. TD Bank's Canada personal banking head Michael Rhodes told analysts this week that "a meaningful number of customers" are making the changes.

Persons: Mark Blinch, Hratch Panossian, Dan Rees, Brian Madden, Michael Rhodes, Dave McKay, Nivedita Balu, Denny Thomas, Stephen Coates Organizations: REUTERS, Rights, Canada's, Reuters, CIBC, Bank of Nova, Investment, Thomson Locations: Toronto, Milton , Ontario, Canada, Bank of Nova Scotia

☆ UPS drivers can earn as much as $172,000 without a degree—how to land a job there
▼ + stars: | 2023-08-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Last week, UPS made headlines after announcing that its drivers will average $170,000 in pay and benefits at the end of a five-year contract agreement with the Teamsters Union. The tentative agreement covers all UPS delivery drivers in the U.S. "Every UPS job – even one that is part-time – is an opportunity for a career," she tells CNBC Make It. Between 2018 and 2022, 38,000 part-time UPS employees were promoted to full-time positions, the company reports. If you're interested in working at UPS, "a customer-focused mindset is critical," McCusker Rees stresses.

Persons: Danelle McCusker Rees, McCusker Rees, Warren Buffett Organizations: UPS, Teamsters Union, CNBC, Service, Bloomberg Locations: U.S

☆ Dollar set for fourth week of gains, inflation cements rate outlook
▼ + stars: | 2023-08-11 | by ( Amanda Cooper | ) www.reuters.com time to read: +3 min

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. The pound was last up 0.3% at $1.2711, but was still heading for a fourth weekly drop. Data on Thursday showed U.S. consumer inflation rose 0.2% last month, matching the gain in June, and by 3.2% in the 12 months through July. The dollar index , which measures the U.S. currency against six others, fell 0.1% to 102.50, but was still set for a fourth weekly gain, thanks in part to a rise in Treasury yields. The dollar fell against the euro , which rose 0.1% to $1.0995 and against the Australian dollar , which rose 0.14% to $0652.

Persons: Florence Lo, Moh Siong Sim, Nick Rees, Mary Daly, Ankur Banerjee, Shri Navaratnam, Simon Cameron, Moore, David Evans Organizations: U.S, REUTERS, Federal, Bank of Japan, Singapore, Ministry of Finance, Reuters, CPI, FX, Monex, San Francisco Fed, Thomson Locations: Japan, Monex Europe, U.S, Singapore

☆ 13 Hollywood production companies making brand films that streamers like Netflix and Apple want to buy
▼ + stars: | 2023-08-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

said Marc Gilbar, who runs the brand division at Imagine Entertainment. Some are also looking to brand films to offset some of the revenue they're losing in the dual Hollywood strikes. (Brand films are often unscripted and thus aren't governed by the Hollywood unions.) They also see brand work being a positive for below-the-line workers who are idled by the work stoppage. Led by EVP Kate Oppenheim, Tribeca Studios' projects have included "We Could be King" (ESPN2) for Dick's Sporting Goods and P&G's Queen Collective series (BET).

Persons: Ben Silverman, Issa Rae's Hoorae, Kevin Hart's Hartbeat, Julian Jacobs, we've, Marc Gilbar, Samuel L, Jackson, Emma Stone, Zac Ryder, Olivia Wilde, Laurene Powell Jobs, Caitlin McGinty, It's, James Gay, Rees, Paul Martin, Kevin Hart's, Hart, Hartbeat, Brian Price, Chase Sapphire, Procter, Reese Witherspoon, Zoe Fairbourn, Ron Howard, Brian Grazer's, Ron Howard's, Bryce Dallas Howard, Gilbar, Rocco DiSpirito, General Mills, Rupert Maconik's Saville, Werner Herzog, Barry Levinson, Sugar23, Oscar, Michael Sugar, Trevor Noah's, he's, Kennedy, Matt Rotondo helms, Sugar, Mike Beck, Alexa Conway, Trevor Noah, Kate Oppenheim, HBO Max, Paul McCartney, Mary McCartney Ventureland, Kerstin Emhoff, Paul Hunter, John Battsek, Stacy's Pita Chips, Will, Jada Pinkett, REI, Gargi Organizations: Hollywood, Brands, Mattel, Netflix, Apple, UTA, Imagine Entertainment, Producers, Adobe, IBM, Anonymous, HP, Afghan Girls National Soccer Team, Showtime, Pepsi Boardwalk Pictures, Relativity Media, Super, Pepsi, REI, Unilever, Marriott, Surf League, Major League Soccer, Sam's, Gamble, Weinstein Co, Hulu, Imagine, Paramount, Saville Productions, Disney, Time Studios, Procter & Gamble, Anheuser, Busch, InBev, CAA, Studios, MSNBC, ABC, NBC, Tribeca Studios, Dick's Sporting Goods, HBO, CNN, Mobile, Stacy's, Everest, Vice Studios, Westbrook Media, Meta, Logitech, Samsung Locations: Hollywood, Subway, Magnolia

☆ CEOs made 272 times more than their workers in 2022, earning nearly $17 million on average
▼ + stars: | 2023-08-03 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

CEOs at 500 major firms make 272 times more than their workers, according to a new report. That's per the latest executive pay report from the AFL-CIO, which looks at S&P 500 compensation. On average, CEOs make $16.7 million, a $5 million increase over the last decade. Over the last ten years, CEOs' paychecks have swelled by $5 million on average — leading to average compensation of $16.7 million in 2022, according to the AFL-CIO's latest iteration of its annual Executive Paywatch report. On average, CEOs in that field make nearly $38 million.

Persons: paychecks, Duncan Crabtree, —, Brandon Rees, Rees, Insider's Jennifer Sor Organizations: AFL, CIO, Service, SEC, SAG Locations: Wall, Silicon, Ireland

☆ You’d have to work five lifetimes to make what your boss makes in one year, report shows
▼ + stars: | 2023-08-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

The average CEO compensation among S&P 500 companies last year was $16.7 million — the second-highest level of executive pay ever, according to the group’s annual Executive Paywatch report. (2021 was the highest at $$18.3 million)CEO pay fell last year compared to the previous year, said Brandon Rees, the AFL-CIO’s deputy director of corporations and capital markets. To put that $16.7 million in context: Assuming a 45-year career at an average pay of $75,200, regular employees would need to work more than five lifetimes to make what the average CEO receives in a single year. Meanwhile, US workers’ real hourly wages fell in 2022 for the second year in a row by 1.6% after adjusting for inflation, the executive pay report found. The bot battleAmong the biggest concerns raised in the latest pay report is the way artificial intelligence is poised to benefit executives more than their employees.

Persons: Brandon Rees, ” Rees, ’, ”, Fred Redmond, it’s, Redmond, Duncan Crabtree, “ Organizations: New, New York CNN, AFL, Hollywood, SAG Locations: New York, Ireland

☆ Crocs CEO Andrew Rees: Very confident in 'Hey Dude' brand but have wrinkles to work through
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrocs CEO Andrew Rees: Very confident in 'Hey Dude' brand but have wrinkles to work throughCrocs CEO Andrew Rees joins 'Power Lunch' to discuss the company's struggling 'Hey Dude' brand, Rees' thoughts on the shoe brand's inventory levels, and more.

Persons: Andrew Rees, Rees

☆ ‘Break Point’ Just Might Be the Best Way to Watch Tennis
▼ + stars: | 2023-07-19 | by ( Jake Nevins | ) www.nytimes.com time to read: +4 min

“By the way,” Tomljanovic says at one point, “do we have a room?” Shortly after his daughter sealed her spot in the final eight of the world’s pre-eminent tennis tournament, Ratko was seen on booking.com, extending their stay in London. This is not the stuff of your typical sports documentary, but it is the life of a professional tennis player. “Break Point,” executive-produced by Paul Martin and the Oscar-winning filmmaker James Gay-Rees, arrived this year as a gift to tennis fans, for whom splashy, well-produced and readily accessible documentaries about the sport have been hard to come by. Perhaps this is because the narrative tropes of the genre tend toward triumphs and Gatorade showers, while the procedural and psychological realities of professional tennis lie elsewhere. The 10 episodes of “Break Point” render tennis unromantically: This is the rare sports doc whose primary subject is loss.

Persons: Ajla, Ratko, Chris Evert, ” Tomljanovic, Taylor Fritz, Paul Martin, Oscar, James Gay, Rees, splashy, Williams, Roger Federer, Rafael Nadal, Novak Djokovic —, Michael Jordan’s, Nas, Isiah Thomas, “, ” Barack Obama, Andre Agassi’s, ”, Stefanos Tsitsipas Organizations: Netflix, Tennis, Michael Jordan’s Chicago Bulls, Gatorade Locations: London, Chicago

☆ Her Symphony Reclaims an Ancestral Story, and Classical Music
▼ + stars: | 2023-07-04 | by ( Tim Greiving | ) www.nytimes.com time to read: +1 min

She arrived on the New York musical scene screaming — shredding an electric guitar and belting out lyrics of resistance by way of punk rock, becoming a fixture at Joe’s Pub. Shanta Thake, the new chief artistic officer at Lincoln Center, was an early fan. “If you were just to describe her visually, walking around, she is so fierce,” Thake said. She was dipping back into classical music, and she realized, if only after the fact, that she was trying to recreate the fellowship she had experienced in school choir — but now in a safe space while maintaining her agency. She recently scored a PBS documentary about the Gullah Geechee, “After Sherman,” and is working on John Ridley’s biopic of Shirley Chisholm starring Regina King.

Persons: Shanta Thake, ” Thake, “, fierceness, Daniel Bernard Roumain, Roumain, Tamar, kali, Kate Bush’s, ” Roumain, ” Tamar, Kate Bush, ”, Dee Rees’s, Sherman, John Ridley’s, Shirley Chisholm, Regina King Organizations: Lincoln Center, Arizona State University, PBS Locations: York, Harlem, New York, “, ”

☆ Meet these unintentional ASMR celebrities
▼ + stars: | 2023-06-24 | by ( Jack Hillcox | ) edition.cnn.com time to read: +13 min

ASMR videos come in all shapes and sizes. Although the content of ASMR videos varies tremendously, what remains consistent is the physical impact they have on viewers who are susceptible to them. Despite the work these creators put into their videos, accidental ASMR is one of the most popular sub-genres for viewers. The dominance of this setup amongst ASMR fans may all be down to the legacy of one man who is a legend among fans of accidental ASMR, but was, for a very long time, completely unaware of ASMR’s existence. Scroll through the comments section of most ASMR videos, and it won’t be long until you find people referencing a line spoken by Kelly.

Persons: James Gill, Bear Grylls, Gill, nonchalantly, “, ASMR, Giulia Poerio, Bob Ross, Acey Harper, Ross, Billie Eilish, Zoë Kravitz, Dr, ” Gill, James Kelly, Pat LaFontaine, LaFontaine, Kelly, ” Kelly, – Kelly, Dr Kelly, he’s, Ieuan Rees, Rees, ”, I’ve, I’d, influencers clamoring Organizations: CNN, Warwick University Medical School, YouTube, Sensory, University of Essex, Marcus Institute, Brain Health, University of Colorado, Artisan Media Locations: TikTok, ASMR, Brainline

That threw a new curveball at UK markets, as just last week economists polled by Reuters had unanimously expected the BoE to raise by 25 basis points. I would not be surprised if we see a 50-bp rate rise from the Bank of England tomorrow." Other analysts said delivering a larger rate rise on Thursday risked further undermining the BoE's messaging. Bets on where BoE rate hikes might peak rose as high as 6% on Wednesday. The rise in yields hit UK housebuilders (.FTNMX402020), which were down as much as 3.1%.

Persons: BoE, Melanie Baker, Liz, Nick Rees, Richard McGuire, Rabobank's McGuire, Yoruk Bahceli, William Schomberg, Dhara Ranasinghe, Danilo Masoni, Alun John, Peter Graff Organizations: Bank of England, Reuters, Royal London Asset Management, Reuters Graphics Reuters, Wednesday's, MPC, FX, Monex, Rabobank, Sterling, Thomson Locations: Monex Europe

LONDON, June 16 (Reuters) - The pound was set for its biggest weekly rise in six months on Friday after days of economic data and central bank rate decisions, and ahead of the Bank of England's monetary policy meeting next week. It was up 1.72% since Monday, the biggest weekly increase since early December. "Tuesday's labour market data led Bank rate expectations to spend much of that evening flirting with a terminal (peak) rate closer to 6%," said Nicholas Rees, FX market analyst at Monex Europe. Reuters GraphicsHe said U.S. economic data released on Thursday, which showed weekly jobless claims were higher than expected last week, also helped boost sterling by weighing on the dollar. Sterling rose to its highest level against the yen in eight years following the BoJ's announcement, at 180.83 yen to the pound.

Persons: Nicholas Rees, Rees, Sterling, BoE, they're, Ben Laidler, Farouq Suleiman, Harry Robertson, Angus MacSwan Organizations: Bank, Analysts, Bank of England, FX, Monex, European Central Bank, Bank of Japan, ECB, U.S . Federal, Nationwide Building Society, Thomson Locations: Monex Europe, lockstep, Britain

☆ Boris Johnson's honours list includes aides tied to ex-UK PM's 'Partygate' scandal
▼ + stars: | 2023-06-09 | by ( Andrew Macaskill | ) www.reuters.com time to read: +3 min

LONDON, June 9 (Reuters) - Boris Johnson awarded his political aides and allies with some of Britain's highest honours to mark his resignation as prime minister, including some who attended parties in government buildings during COVID-19 lockdowns. Martin Reynolds, a senior civil servant and Johnson's former principal private secretary, was given an Order of the Bath award for public service. Labour Party deputy leader Angela Rayner called Johnson's honours list a "sickening insult". A Conservative member of parliament, who asked not to be named, said the list was "deeply embarrassing" and showed Johnson's lack of remorse. The former prime minister also approved honours for Conservative party politicians who have recently been caught in other scandals.

Persons: Boris Johnson, Martin Reynolds, Reynolds, Johnson, Dan Rosenfield, Jack Doyle, Angela Rayner, Ben Houchen, Conor Burns, Jacob Rees, Mogg, Simon Clarke, Priti Patel, Theresa May, David Cameron, Andrew MacAskill, Michael Holden, Mark Potter, Paul Simao Organizations: Bath, Labour Party, Conservative, Thomson Locations: COVID, Britain, British, Downing, lockdowns, Tees Valley

☆ National Conservatism: Why are some British Conservatives behaving like the next election is already lost?
▼ + stars: | 2023-05-18 | by ( Luke Mcgee | ) edition.cnn.com time to read: +10 min

The list goes on, but the general theme of this conference was that British Conservatism is having an identity crisis and these ideas could be the solution. CNN spoke to several people involved in this conference as well as people inside the Conservative Party who opposed the conference and its ideas. Another group of Conservatives supporting the vocal criticisms of Sunak are, sources say, thinking beyond the election and about future leadership contests. Indeed, another Conservative conference was held at the weekend, seen widely as a “Bring Back Boris” event, which the former PM didn’t turn up to. Pro-Sunak Conservatives who still think the next election could be won are also not happy.

☆ Investigator boasted about 'getting queen's medical records', Prince Harry case told
▼ + stars: | 2023-05-17 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

LONDON, May 17 (Reuters) - A private investigator who worked for the publisher of the Daily Mirror boasted he could "get the queen's medical records", a retired police officer on Wednesday told a court hearing Prince Harry's lawsuit against the British newspaper. Former police officer Derek Haslam told London's High Court that MGN journalists regularly paid a private investigation company, Southern Investigations, to unlawfully gather information. 'QUEEN'S MEDICAL RECORDS'Rees, also a former police officer, "would openly brag" about conducting hacking and blagging – getting private information by deception – on behalf of MGN journalists, Haslam told the court. Haslam also said Rees had told him that he had "sold some information to the Mirror for a story about Prince Michael of Kent being in debt to the bank". Reporting by Sam Tobin; additional reporting by Michael Holden; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Shares rise, dollar weakens on bank sector fears
▼ + stars: | 2023-05-05 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

SINGAPORE, May 5 (Reuters) - Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday, as jittery investors remained nervous about the U.S. banking sector following another rout in shares of regional lenders. Wall Street ended lower on Thursday after Los Angeles-based PacWest Bancorp's (PACW.O) move to explore strategic options deepened fears about the health of U.S. lenders as pressure grows on regulators to take more steps to shore up the country's banking sector. Shares of U.S. regional banks sank this week in the wake of the collapse of First Republic Bank over the weekend that has brought back fears of a financial sector crisis. The Federal Reserve on Wednesday raised interest rates by 25 basis points, but hinted that its marathon hiking cycle may be ending. China shares (.SSEC) rose 0.21%, while Hong Kong's Hang Seng index (.HSI) was up 0.6%, helping lift the region's shares.

☆ Canada's Suncor releases 5,900 cubic metres of water from oil sands site
▼ + stars: | 2023-04-18 | by ( Nia Williams | ) www.reuters.com time to read: +1 min

April 18 (Reuters) - Canada's Suncor Energy (SU.TO) has reported the release of 5,900 cubic metres (208,400 cubic feet) of water with more than twice the approved level of suspended solids from a sedimentation pond at its Fort Hills oil sands project in northern Alberta. The water came from a sedimentation pond, which collects and discharges surface run-off from the oil sands site, and not a tailings pond, Suncor spokesperson Erin Rees said in an email. Oil sands companies are under scrutiny for how they manage water on their sites, after Imperial Oil (IMO.TO) said in February that tailings ponds at its Kearl site had been seeping for months and another spill released 5,300 cubic metres of process water in late January. "This is not a tailings pond, but a water run-off pond that collects and discharges run off into Fort Creek ... in line with regulatory approvals," Rees said. The water discharges into Fort Creek roughly 800 metres upstream of the Athabasca River, the main waterway running through the oil sands region.

☆ Fox mogul Rupert Murdoch survived the phone-hacking scandal. Dominion's $1.6 billion lawsuit will test whether he can do it again.
▼ + stars: | 2023-04-16 | by ( Jack Newsham | ) www.businessinsider.com time to read: +15 min

Now, two voting-technology companies, Dominion Voting Systems and Smartmatic, want to make another Murdoch media property pay even more for Fox News's role in spreading election denial. But the phone-hacking scandal showed how Murdoch has weathered challenges to his power before. Another key difference from the phone-hacking scandal is the presence of written records that show Fox execs knew exactly what was going on. In the last quarter of 2022, Fox Corp. netted $321 million on $4.6 billion in revenue. And during the phone-hacking scandal, Murdoch showed fierce loyalty.

EURNOK and inflationGoldman Sachs and UBS said that the rising cost of borrowing would likely support the Norwegian crown. But those daily sales are well down from the 4.3 billion crowns per day the central bank sold in October. "Any budget surplus that was generated from the commodity exports was basically being neutralized by the Norges bank," said Simon Harvey, head of FX analysis at Monex. Much of the crown's fate could also depend on what the U.S. central bank does. If the Fed stops hiking rates, this would likely boost global equities, which have a strong positive correlation to the Norwegian crown.

☆ Crocs breaks out, sheds its post-pandemic blues
▼ + stars: | 2023-02-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrocs breaks out, sheds its post-pandemic bluesMad Money host Jim Cramer talks to Crocs CEO Andrew Rees about the company's bounce since last summer's lows, including some big gains after the company reported an excellent quarter last week.

☆ Crocs are headed for a banner sales season this summer – but not the ones you're thinking of
▼ + stars: | 2023-02-16 | by ( Danni Santana | ) www.businessinsider.com time to read: +2 min

Crocs is confident sandals will be the brand's fastest-growing product category in 2023. Sandals are a $310 million business for Crocs, but it wants more of the $30 billion market. Sandals are already a $310 million business for Crocs, but the company wants more of the $30 billion category. "The category also provides an additional entry point to the Crocs brand for consumers who may not choose to engage with the clog," Rees said. For the full year of 2022, Crocs reported 58% growth in revenue to $3.6 billion, including $896 million for the Hey Dude brand.

☆ Former UK PM Liz Truss is blaming the left-wing 'economic establishment' for ousting her
▼ + stars: | 2023-02-06 | by ( Elliot Smith | ) www.cnbc.com time to read: +7 min

British Prime Minister Liz Truss announces her resignation, outside Number 10 Downing Street, London, Britain October 20, 2022. Henry Nicholls | ReutersLONDON — Former U.K. Prime Minister Liz Truss is blaming a "powerful economic establishment" for bringing her chaotic 44-day tenure to an end last year. Truss was elected leader of the Conservative Party in September, defeating her eventual successor Rishi Sunak, after garnering 81,326 votes from party members following the ousting of Boris Johnson. She was acting as if winning a majority of the Conservative Party membership gave her economic credibility, and it most clearly doesn't." Current Prime Minister Rishi Sunak's government vowed to restore this credibility upon taking over in October, and quickly reversed Truss' entire economic agenda.

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