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Founder of online shopping group cements control as Japanese firm offloads its holding at £450m loss THG shares have jumped on the news that Japan’s SoftBank will sell its stake in the troubled British online shopping group to its co-founder Matthew Moulding and Qatar’s sovereign wealth fund. The move has cemented Moulding’s control of THG, formerly known as The Hut Group, which owns a range of internet health and beauty retailers, and ended speculation about SoftBank’s disastrous investment. Continue reading… ​Founder of online shopping group cements control as Japanese firm offloads its holding at £450m lossTHG shares have jumped on…

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Chinese recruitment ‘to understand the capabilities of our air force’ of concern, says James Heappey Today’s political developments –live updates Ministers want to change the law to prevent former RAF pilots from training the Chinese military, amid reports at least 30 British personnel are believed to have taken advantage of “very generous” recruitment packages offered by the superpower. It emerged overnight that British defence intelligence is to issue a rare “threat alert”, warning that China’s military is trying to recruit serving and former RAF jet pilots to help train its own air force. Continue reading… ​Chinese recruitment ‘to understand the…

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  New Chancellor Jeremy Hunt has now revealed energy support for households will be reviewed next April, with the most vulnerable being pushed to the top of the financial energy crisis help list. ​New Chancellor Jeremy Hunt has now revealed energy support for households will be reviewed next April, with the most vulnerable being pushed to the top of the financial energy crisis help list. 

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Foreign ministry disputes British police account of violent attack on pro-democracy protester, which was caught on video China’s foreign ministry has challenged the British police account of an assault on a Hong Kong pro-democracy protester in the grounds of its Manchester consulate, claiming the man “entered the compound illegally”. The protester, who has been named only as Bob, was hospitalised overnight for treatment of his injuries, which included lacerations below his eye. Continue reading… ​Foreign ministry disputes British police account of violent attack on pro-democracy protester, which was caught on videoChina’s foreign ministry has challenged the British police account of…

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