Sun.Nov 28, 2021

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As buyer’s remorse begins to stalk even ardent Brexiters, they can no longer indulge in fantasy | Will Hutton

TheGuardian

The government has to give up on playing games and start to make deals with the EU Brexit isn’t working. We were sold a false prospectus. Businesses, especially small and medium-size ones , are reeling. They are absorbing unwanted costs; paying hidden tariffs; suffering hitherto avoidable checks on exports; moving factories, depots and offices to within the EU; shedding workers and haemorrhaging orders.

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Tinkoff acquires Jump.Finance

The Paypers

Tinkoff has acquired a controlling stake (51%) in Just Look, the developer of Jump.Finance , a fintech service that automates interactions with freelancers, including payments.

Fintech 28
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A banking crisis isn’t just bad for business, it can also poison politics | Torsten Bell

TheGuardian

The failure of Germany’s second biggest bank in 1931 was a factor in the rise of the Nazis Financial crises are a really bad idea. We learned that in the UK with the 2008 banking crisis. It doubled our national debt and was followed by a decade of lost earnings growth. But banks going under contributes to grim politics, too. That’s the lesson from some economic and political history contained in new Bank for International Settlements’ research.