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UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates
UK inflation has risen to its highest level in eight months, adding to pressure on the Bank of England to keep interest rates unchanged on Thursday despite a slowdown in the British economy.
Figures from the Office for National Statistics show the consumer prices index (CPI) rose by 2.6% last …
Wednesday briefing: The world waits after Ukraine assassinates top Putin general in Moscow
Coal use to reach new peak – and remain at near-record levels for years
The world’s coal use is expected to reach a fresh high of 8.7bn tonnes this year, and remain at near-record levels for years as a result of a global gas crisis triggered by Russia’s invasion of Ukraine.
There has been record production and trade of coal and power generation from …
Amazon to settle dispute with delivery drivers over claims worth potential £140m
Amazon is to settle a group claim from delivery drivers that it deprived them of thousands of pounds, the Guardian has learned, ending a suit that lawyers had said could cost the company £140m.
Drivers who deliver for the internet marketplace through its “delivery service partners” (DSPs) are classed as …
Prince Andrew’s ‘opaque’ finances provoke calls for register of royal interests
Five things Myefo tells us about the state of the Australian economy
Among those poring over today’s release of
the Albanese government’s midyear budget scorecard
will be Reserve Bank economists and those millions of borrowers holding out for early interest rate relief.Here are some of the key economic takeaways from the midyear economic and fiscal outlook:
Lower growth …
Lloyds advert banned for making false environmental claims
A Lloyds Banking Group advert has been banned for making false environmental claims, making it the second major lender to break the
UK advertising watchdog’s rules against greenwashing.
The ruling by the Advertising Standards Authority (ASA) follows an investigation into a billboard poster and three paid-for …
Premiership clubs ‘teetering on edge’ face government scrutiny over loans
Premiership rugby clubs who “have been teetering on the edge” are set to come under further scrutiny by the government over the repayments of their £124m Covid bailout loans.
A report by the National Audit Office details how the Department for Culture, Media and Sport [DCMS] awarded 26% of its …
Canada’s turmoil is harbinger of diplomatic havoc in second Trump term
Labour’s review of UK-China relations on hold until after chancellor visits Beijing
A review of UK-China relations has been delayed until after the chancellor makes her first trip to Beijing next month, the Guardian has learned, amid a row over an alleged spy who befriended Prince Andrew.
Rachel Reeves will travel to China in early January as part of a charm offensive …