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Tesco chief executive Dave Lewis strides the aisle of the company’s new discount store Jack’s in Chatteris, near Cambridge. Photograph: Daniel Leal-Olivas/AFP

Image of the week: Jack’s Union Jacks Every drop of fresh milk in Tesco-owned Jack’s is British, got that, British? Union Jacks adorn the aisles of t(...)

Sterling has edged up over the last three weeks, gaining to under 89p against the euro now, compared to 91p in late August.

Get ready for the sterling roller coaster. The UK currency has gained some ground in recent weeks on reports that the UK and EU were making ground in (...)

Taoiseach Leo Varadkar launching Project Ireland 2040; the National Planning Framework and the 10 year National Development Plan.  Photograph: Alan Betson

The Government’s national development plan, known Project Ireland 2040, has been described as “reckless” at a time of near full employment and with co(...)

Brexit headache: Conservative MPs Jacob Rees-Mogg, Boris Johnson and Peter Bone at the launch of a report claiming the UK economy would be better off with a hard Brexit. Photograph: Dan Kitwood/Getty Images

In numbers: Terrorism takedowns 60 Number of minutes Facebook, Google, Twitter and other tech companies will have to remove extremist content from t(...)

IMF managing director Christine Lagarde said her staff does not yet see “contagion” spreading to multiple countries beyond those currently fighting investor flight. Photograph: Andrew Harrer/Bloomberg

Christine Lagarde has warned that the escalating US-China trade war could deliver a “shock” to already struggling emerging markets, raising the prospe(...)

 Pedestrians walk by the New York Stock Exchange on September 15th, 2008, in New York City, US. File photograph: Spencer Platt/Getty Images

On Monday September 15th, 2008, Americans woke to the news that Lehman Brothers, one of the giants of US banking, was filing for bankruptcy. TV screen(...)

Argentina’s president Mauricio Macri during a televised address to the nation to announce austerity measures, on Monday.  Photograph: AFP/Getty Images

Argentina’s peso slid on Tuesday as investors reacted with scepticism to President Mauricio Macri’s plans to cut the budget deficit, while a governmen(...)

In 2013, analyst Tim Lee forecast that the Turkish lira, then trading at 1.9 to the US dollar, would collapse to 7.2. The 7 level was breached last month. Photograph: Murad Sezer/Reuters

A financial crisis is bad enough, but how would you feel if you were warned in advance but did nothing? How would you feel upon hearing those four dre(...)

Christine Lagarde said the “more adverse international market conditions” had not been “fully anticipated” when the IMF and Argentina reached the deal in June. Photograph: Dara Mac Donaill/The Irish Times

Argentina’s central bank on Thursday raised its benchmark interest rate to 60 per cent from 45 per cent in a bid to control inflation running at more (...)

“Greece really needs a strong and relatively stable international backdrop, because it needs economic growth, at an estimated 1.4 per cent last year and 2 per cent this year, to take hold.” Photograph: Oli Scarff/Getty Images

It is a bit much to see the usual suspects in the European institutions queue up to congratulate Greece this week on exiting its bailout. European Cou(...)

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