5 Things You Need To Know, Today, on Monday 10th June 2019
Justin Waite
5 Things You Need To Know
05:16, 10th June 2019

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5 Things You Need To Know, Today, on Monday 10th June 2019

5. China’s exports unexpectedly returned to growth in May despite higher U.S. tariffs, but imports fell the most in nearly three years in a further sign of weak domestic demand that could prompt Beijing to step up stimulus measures.

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4. London-based technology companies attracted a record £2.56bn pounds in venture capital in the first six months of 2019, more than twice as much as those in Berlin.

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3. The boss of Hargreaves Lansdown has issued an apology following the suspension of The Woodford Equity Income Fund, managed by Neil Woodford, which stopped investors cashing out last week.

Chris Hill, Hargreaves Lansdown chief executive, said he shares clients' "disappointment and frustration" but said the firm still stands by the funds research.

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2. Boris Johnson has pledged to cut income tax bills for people earning more than £50,000 a year if he wins the race to succeed Theresa May as prime minister.

The former foreign secretary told the Telegraph he would use money currently set aside for a no-deal Brexit to raise the 40% tax rate threshold to £80,000.

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1. The UK and South Korea have signed an in principle free trade agreement (FTA) that seeks to maintain existing trade arrangements post-Brexit.

International Trade Secretary Liam Fox signed the preliminary agreement the first post-Brexit trade deal the UK has secured in Asia.

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