Investment bank Goldman Sachs said fears of the US-China trade war leading to a recession are increasing and it no longer expects a trade deal between the world’s two largest economies before the 2020 US presidential election.
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The number of empty shops in town centres was 10.3% in July, its highest level since January 2015, according to the British Retail Consortium and Springboard survey.
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The government has announced an inquiry into the power cut that left people stuck in trains for up to nine hours and almost a million people in England and Wales without electricity.
