Lord O'Neill, former chief economist at Goldman Sachs, was tipped to become Andy Burnham's chief economic adviser.
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Washington imposes 50% tariffs on Canadian goods including fishing rods and hockey sticks, while Canada retaliates with levies on US steel and electronics
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It follows major national rail disruption at the weekend.
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The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
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Prime minister Christopher Luxon’s party to introduce bill seeking the ban, citing harm to a generation of children