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Rajoy to form new Spanish cabinet

EU

Rajoy to form new Spanish cabinet

Rajoy said he had “accepted the task,” adding that he would now submit himself to a parliamentary vote of confidence.

Falling UK pound fuel fears of slowdown

ECONOMY

Falling UK pound fuel fears of slowdown

The UK economy’s post-Brexit vote bounce is losing momentum as the weak pound and higher inflation herald a squeeze in living standards, according to a study.