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And the Financial Times reports that multinational tobacco company Philip Morris International has admitted it would “rather keep” its business in Russia than sell it on stringent Kremlin terms. The paper says it highlights the challenges for companies trying to leave the country without taking a huge financial hit.

Financial Times Front Page 31st of October 2024

The Chancellor has introduced a £40 billion increase in taxes to address financial challenges and public service issues, with the majority of the fiscal responsibility falling on businesses and the wealthy, while also significantly increasing borrowing to fund £100 billion in capital expenditure.

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