The Bank of England hiked interest rates to 1% on Thursday – the highest level in 13 years – as it looks to tackle rising inflation.
The Monetary Policy Committee lifted the key Bank Rate from 0.75%.
–More to follow–
The Bank of England hiked interest rates to 1% on Thursday – the highest level in 13 years – as it looks to tackle rising inflation.
The Monetary Policy Committee lifted the key Bank Rate from 0.75%.
–More to follow–
(Sharecast News) - German discounters Aldi and Lidl performed best in December, according to data from retail expert Kantar, which said a record £13.7bn was spent at British supermarkets over the four weeks ended 24 December. Kantar recorded Lidl's sales growth at...
(Sharecast News) - The downturn in UK manufacturing output worsened in December, with the S&P Global purchasing managers' index (PMI) falling further into negative territory. The final figure for December's PMI was revised to 46.2, down from the 'flash' estimate of...
(Sharecast News) - UK house prices fell by a higher-than-expected 1.8% year on year in December, mortgage lender Nationwide said on Friday, as higher borrowing costs and deposit requirements deterred buyers. Expectations were for a 1.4% fall. Prices remained flat on a...
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