BBC blasted for ‘reducing services for older people’

MPs have accused the BBC of reducing services for older people by moving budgets from local radio to regional online services. The Public Accounts Committee also warned the broadcaster “lacks a clear plan” on how to spend an extra £700million outside London. The Daily Express has called for radio stations …

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Mexico’s Banorte posts 9% profit climb in Q1 as loan book grows

MEXICO CITY (Reuters) – Mexico’s Grupo Financiero Banorte reported on Tuesday a 9% increase in first-quarter net profit from the year-ago period, citing growth in its loan book. Net profit for the quarter hit 14.21 billion pesos ($859.48 million). Net interest income, the difference between what banks earn on loans …

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Hunt raises possibility of more tax cuts before general election

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Jeremy Hunt has raised the possibility of further tax cuts before the next general election as he counts on recent reductions to national insurance and the prospect of lower …

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Venezuela to cut ties with Ecuador over embassy raid

Canada’s federal government wants its largest pension funds to invest more in domestic companies, and is hiring the former governor of the central bank to entice them. Stephen Poloz, who led the Bank of Canada from 2013 to 2020, is charged with convincing Canada’s pension funds, which manage more than …

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Meghan Markle fans defend major mistake on new jam product

Delfina Blaquier, a lifestyle influencer and friend of Meghan’s, recently shared a picture of the jam on her Instagram. The jam comes in a small, vintage looking glass container with a linen top. Delfina also shared a picture of the jam spread over a piece of toast. The post read: …

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