Tag: News

Dec 15

Bank of England raises interest rates to 3.5%

The Bank of England has delivered its ninth consecutive interest rate rise, taking the cost of borrowing to 3.5 per cent. Officials at the central bank voted to increase interest rates by 0.5 percentage points in a bid to control spiralling inflation, which is weighing on households and businesses. Rates have risen by 3.4 per […]
Dec 15

Single-use plastic items to be banned in England

Single-use plastic items including cutlery, plates and polystyrene cups are reportedly to be banned in England by the UK government after a consultation. Thérèse Coffey, the environment secretary, is poised to unveil plans to phase out the items and replace them with biodegradable alternatives in the coming weeks, the Financial Times reported. It noted that […]
Dec 14

Suspicions of U.S. CPI leak swirl around mystery rally in 60 seconds before data’s release

Breadcrumb Trail Links News Investor ‘Someone will likely look into it, whether it’s innocent or not’ Author of the article: Bloomberg News Akayla Gardner and Jessica Menton Publishing date: Dec 14, 2022  •  6 minutes ago  •  2 minute read Join the conversation U.S. President Joe Biden gives a press conference following the release of inflation […]