duty

He has his morning cup of coffee out there while Daisy sniffs around, works her guard duty shifts, and takes in the million-dollar view, which stretches all the way to Santa Catalina Island.

Some European countries, like Finland and Greece, have never stopped military service, while the Swiss are to vote on Sunday on replacing mandatory service for men with compulsory civic duty for all.

The U.K. budget included inflation-lowering measures such as the freeze on fuel duty and lower household energy bills, which could encourage the Bank of England to deliver more interest-rate cuts.

Currently, the U.K.’s 0.5% stamp duty charge is an outlier among major global financial centres, such as New York and Frankfurt, says the portfolio manager.

Rank’s shares—which rallied Wednesday after the U.K. government said it would abolish a bingo duty—dropped 10% on Thursday after the company issued a profit warning.