In addition to bringing their ideas preferentially to funds, they act as shadow venture partners, sourcing and scrutinizing ideas.

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"I act as a mentor to the kids and basically shadow them through the army application process, " he said.

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Shadow justice minister Sadiq Khan described scrapping the act as a "lazy and incoherent position to hold".

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Digital devices will act as our guardian angels and an array of gadgets will shadow our lives.

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Angela Eagle, Labour's shadow chief secretary to the Treasury, urged Mr Alexander and Chancellor George Osborne to act now to help UK motorists.

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