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British Pound steadies against Japanese Yen as markets assess UK politics and Japan intervention risks

GBP/JPY trades in a narrow range on Friday as traders weigh the latest UK political developments against lingering intervention risks from Japanese authorities, with USD/JPY holding above the 161.00 level.At the time of writing, the cross trades around 213.70 after hitting an intraday low of 213.21.The British Pound (GBP) has remained resilient despite Prime Minister Keir Starmer’s resignation, as investors expect a smooth transition to frontrunner Andy Burnham, who has pledged to maintain the UK’s…

Business

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Ryanair drops family seating fees amid consumer law probe

Ryanair will “reluctantly” allow parents to sit with their children for free after an investigation into the practice was opened, bringing the airline in line with European industry standards. Previously, Europe’s largest airline by passenger numbers charged a fee—typically $10.70 each way per adult—to allow up to four children aged…

Investing

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