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      Carmakers to skirt a crash in £11bn motor finance redress

      Ford's subsidiary FCE Bank has set aside £61m for motor finance payouts. Mordant/Bloomberg via Getty Images

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      GettyImages 2260405496 showing a significant news event with people gathered, highlighting the importance of the moment

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Howard Marks

  • Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally

    Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]

    Gold bars on a table

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