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The move will lead to more than 1,200 redundancies, but 64 other restaurants will be saved.
The rising cost of cocoa has led to the manufacturers changing their recipe.
New data shows subscriptions dropped considerably after the late-night host’s temporary removal.
Rachel Reeves made the comments about the 2020 deal at a key meeting of the world's leading finance ministers and central bankers.
Beijing has avoided any sharp downturn but faces economic challenges including US tariffs.