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Peloton recalls 2 million bikes over injury risk

It is the second major recall for the bike company which soared to popularity during the pandemic.

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UK interest rates: Prices to be higher for longer, Bank of England warns

Interest rates rise to 4.5% – their highest level for almost 15 years in an attempt to slow soaring prices.

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Be careful with 100% mortgages, homebuyers told

The Bank of England governor says buyers should treat these sometimes riskier deals with caution.

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What has TransPennine Express’s record actually been?

After a period of disruption, we examine how the company has been performing before its contract ends.

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Adidas to sell Yeezy shoes and donate proceeds

The sportswear giant has about 1.2bn euros of Yeezy shoes sitting in storage.

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Leaseholds will not be abolished by government this year

Michael Gove says the system is unfair but getting rid of it will take longer than he hoped.

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TransPennine Express loses contract over poor service

The government will now run the service after months of delays and cancellations.

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Disney+ and Hulu to combine content in single app

Disney says it will link Hulu and Disney+ services in a “one-app experience” for users in the US.

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Jimmy Lai: Son of jailed Hong Kong tycoon condemns UK ‘hypocrisy’

The son of Jimmy Lai has criticised the UK government for not defending human rights in Hong Kong.

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India’s Russia oil imports jumped tenfold in 2022, bank says

The country saved $5bn as it ramped up purchases following Western sanctions on Russia.