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Hot Off The Wires - 11th June 2021

News


  • US consumer prices increased by the most in nearly 13 years in May compared to a year ago.

  • Selfridges has been put up for sale with an estimated £4bn price tag after the department store group received an approach from a potential buyer.

  • Leaders of the G7 economies will announce a pledge to provide 1 billion coronavirus doses to poorer countries as part of a plan to ‘vaccinate the world’ by the end of 2022.

  • The number of Britons on furlough has fallen to its lowest level since the coronavirus job retention scheme began.

  • Royal Mail has ordered 3,000 electric vans and says it aims to continue to drive down its emissions.

  • Klarna, the buy now, pay later lender, has raised more capital in a deal that values it at $45.6bn, which is bigger than Barclays or NatWest and $14bn more than at the time of its last fundraising in March.


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Trivia


What do the four female statues above the triumphal entrance arch of Lothbury Court, on the Bank of England, represent?

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