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Why Chinese tech companies are racing to set up in Hong Kong
For Yunji, that means proving its robots can operate in real-world international settings. The company, which builds its service robots for hotels, hospitals and factories, listed in Hong Kong in October of last year, as it sought to widen its investor base beyond the mainland.
Late shopper rush drives Boxing Day sale traffic
An evening surge in shoppers keen on Boxing Day bargains drove a decade-high increase in footfall for the annual sales, figures suggest. It was up by 4.4% across all UK retail destinations including high streets and shopping centres compared to the same day last year, according to data from MRI Software. Footfall also remained strong…
Government borrowing falls by more than a third in December
UK government borrowing was significantly lower last month, due to an increase in tax income outweighing spending, official figures show. In December government borrowing – the difference between public spending and tax income – was £11.6bn, the Office for National Statistics (ONS) said. It is down £7.1bn – 38% – from the previous December, and…
