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UK borrowing costs hit new 25-year high; Chinese stocks fall to pre-pandemic level – as it happened | Business

14.34 BST Business secretary Kemi Badenoch will reportedly not attend the CBI’s conference. Photograph: Wiktor Szymanowicz/Shutterstock The business secretary, Kemi Badenoch, has reportedly dealt another blow to the scandal-hit Confederation of British Industry (CBI) by turning down an invite to speak at the lobby group’s annual conference. Badenoch’s team has told the CBI that she would …