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Church Street and the Priory, Leominster, Copyright Philip Pankhurst and licensed for reuse

Daily Financial Advice from Money Morning

We could be heading for a golden age – or a return to the 1970s

As the bond bull market recedes, government bond yields are heading upwards. John Stepek explains what that means for the global economy, and where things could go from here.
The post We could be heading for a golden age – or a return to the 1970s was first published on MoneyWeek.

Former top civil servant: Theresa May’s “fantasist” Brexit plan would cost £615m a week

Former Cabinet Office chief economist Professor Jonathan Portes believes a bespoke deal along lines that Theresa May outlined in March would cost the UK economy £615m a week.
The post Former top civil servant: Theresa May’s “fantasist” Brexit plan would cost £615m a week was first published on MoneyWeek.

Governments are flexing their muscles over bad corporate behaviour, starting with social media firms

What made social media companies so successful also makes them easy targets for government muscle-flexing, says Merryn Somerset Webb.
The post Governments are flexing their muscles over bad corporate behaviour, starting with social media firms was first published on MoneyWeek.

Has Big Tobacco finally run out of puff?

After a fantastic run spanning decades, tobacco stocks look like they’re starting to fall. John Stepek looks at Big Tobacco’s decline and asks: is it still worth investing in?
The post Has Big Tobacco finally run out of puff? was first published on MoneyWeek.

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