5 Things You Need To Know, Today, on Tuesday 10th September 2019
Justin Waite
5 Things You Need To Know
05:27, 10th September 2019

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5 Things You Need To Know, Today, on Tuesday 10th September 2019

5. Alibaba chairman Jack Ma is due to step down from the e-commerce giant today, marking the end of an era for the firm.

The former English teacher co-founded Alibaba in 1999 and it has become one of the world's biggest internet firms.

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4. Workers at the Mini plant in Oxford could see their shifts cut in the event of a no-deal Brexit, BMW's finance chief, Nicolas Peter has said.

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3. Lloyds and Barclays said a surge in late claims could see them pay out around £3 billion more to settle the mis-selling of payment protection insurance (PPI).

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2. France will likely win Britain’s financial services crown in the European Union after Brexit, which leaves the bloc’s economy more reliant on struggling euro zone banks, New Financial think tank said today.

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1. The UK's economy grew by 0.3% in July, helped by the dominant services sector, easing fears that it could fall into recession.

Growth was flat over the three months to July, but this was an improvement on the 0.2% contraction seen in the April-to-June quarter.

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