Chancellor reverses tax cut plans, Lloyds Banking Group PLC and Barclays PLC appeal, Hargreaves Lansdown PLC’s multi-million-pound lawsuit and what is Cardano suffering from?

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1. Jeremy Hunt axes plan to cut basic tax rate and revises energy support package

The new chancellor announced further changes to the mini-budget, reversing most of the policy commitments made by prime minister Liz Truss.

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2. Lloyds, Barclays and NatWest attractive after mini-budget

Citi has again highlighted its liking for UK domestic banks over their international rivals within the financial share universe, with Lloyds, Natwest and Barclays all rated as buys.

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3. HL faces lawsuit after promoting failed Woodford fund

Hargreaves Lansdown, the wealth platform that handles US$122bn in assets under management, is facing a big lawsuit for promoting Woodford Equity Income (WEIF), the failed fund of one-time star manager Neil Woodford.

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4. Is Cardano suffering from macro pressures or something more?

Built by Singapore-based developer IOHK under the guidance of chief executive officer Brad Hoskinson, Cardano is a proof-of-stake (PoS) blockchain platform powered by the ADA cryptocurrency.

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5. FTSE 100 closes higher 

The UK index of leading shares finished Monday up around 61 points, or 0.90%, at 6,920.

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