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Wells Fargo hit by record $1bn penalty

The third-largest US bank is fined for issues at its car insurance and mortgage businesses.

Global toy store Toys R Us is currently closing down its operations in the UK and the US.

The first Wales-only taxes for 800 years are expected to bring in around 1bn over four years.

The offer comes after GKN rejected what Melrose said was its final offer worth around 8.1bn.

Charges after death and over-the-top upfront fees for self-funders highlighted by the markets watchdog.

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