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Several weeks ago, the Australian Taxation Office applied to wind up Ugg Australia.

ATO sticks boot into uggs

One of Australia's top ugg-boot manufacturers battles the tax office as the local industry complains of cheeky imports.

The pound continued its slide, falling to a new 31-year low.

Pound plunges 6pc in 'flash crash'

Currency traders are puzzling about a 'flash crash' in the pound that shook up forex markets as the prospect of a 'hard Brexit' rears its head again.

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