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RECORD BREAKER: UK’s newest biggest single import market

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China has officially overtaken Germany to become the UK’s biggest single import market, for the first time since records began.

Goods imported from China rose 66 per cent from the start of 2018, to this quarter at $24billion dollars.

Imports from Germany fell by a quarter to in the same period.

This comes as trade with the EU was affected by Brexit and the pandemic saw demand for Chinese goods boosted.

Germany’s motor industry also felt the impact of the pandemic as both vehicle production and global exports were hit.

Imports from china that showed a jump were textiles for face masks and other protective equipment and a strong demand for electrical devices.

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  1. Taylor

    May 27, 2021 at 7:34 am

    The ultimate ‘everything reminds me of him’ photo

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Money

Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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