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UK economy to grow at fastest rate since 2007

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Britain's economy will grow at its fastest rate since 2007 this year, the British Chambers of Commerce (BCC) said, but called on policymakers to ensure the performance is not a "flash in the pan".

Argentina strips BNY Mellon of trading authorization

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Bank of New York Mellon found itself front and centre of Argentina's debt battle on Tuesday after the South American country stripped its authorization to operate there and bondholders seeking payment filed a lawsuit against the U.S. bank.