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Euro News
Bank of England pauses interest hikes, as several European countries climb
Business
Sky News
‘Very, very premature’ to be talking about interest rate cut, Bank of England governor warns
The Bank of England has warned against complacency after freezing its interest rate at 5.25%.Governor Andrew Bailey said he is determined to bring inflation back down to the target level of 2% – but with current rates at 6.7%, he added that “the job isn’t done yet”. And amid speculation the Bank’s base rate could …
Business
Euro News
Cisco buying cybersecurity firm Splunk for $28 billion
Business
Sky News
Rupert Murdoch’s successor revealed as he steps down as chair of Fox and News Corp
Rupert Murdoch is stepping down as chair of Fox and News Corp.His son Lachlan will become the sole chair of News Corp – and continue as executive chair and chief executive of Fox Corporation. In an announcement, Lachlan congratulated his father on a “remarkable 70-year career” – and said the 92-year-old will continue to provide …
Business
Sky News
Huge success, profound influence and deep controversy: Murdoch’s 70-year career
Rupert Murdoch’s resignation as chairman of Fox and News Corporation brings a formal end to a 70-year career that brought him huge commercial success, profound political influence and deep controversy.A disruptive and divisive figure, Murdoch’s talent for innovation and appetite for confrontation broke new ground in newspapers, broadcasting and entertainment, and with mass audiences came …
Business
Sky News
Falling food inflation linked to retailers cutting prices – not costs coming down, Co-op CEO warns
Decreases in food inflation are linked to retailers cutting prices – rather than the cost of commodities coming down, Co-op’s CEO has warned. Supermarket chains have been investing millions of pounds to make groceries cheaper for shoppers hit hard by the cost of living crisis. Shirine Khoury-Haq told Sky News that Co-op spent £20m on reducing …
Business
Euro News
US Federal Reserve stays the course on interest rates
Business
Euro News
Sweden’s central bank ramps up key interest rate over high inflation
Business
Business Live
The Cotswolds first-ever wine barn opens its doors
Cotswolds wine specialists have opened the doors of the first-ever ‘wine barn’. Nailsworth-based Vinotopia Wine offers over 400 varieties of specialist wines, spirits and cigars from across the world, as well as indoor and outdoor seating. Construction for the 300sq ft wine barn commenced in May 2023, and sits alongside Nailsworth Garden Centre on Avening …
Business
Evening Standard
Barbie and LOL dolls tipped to be top sellers this Christmas, Hamleys predicts
Barbie and LOL dolls are set to be favourites under the tree once again this Christmas – while “kidults” are also expected to drive toy sales, according to predictions by toy store Hamleys.The anticipated list of top sellers for the festive season includes three toys catering for the kidult trend, including a £150 Tamiya Lunch …
Business
Sky News
Interest rate frozen – but it’ll still be painful if you have a mortgage
It is arguably the most exciting non-event in recent economic history.For 14 successive monetary policy meetings, the Bank of England raised its official interest rate – all the way from 0.1% up to 5.25%. Today, for the first time since late 2021, it voted to leave borrowing costs unchanged.Reaction to BoE’s decision – latest updates …
Business
Euro News
Norway central bank pushes up interest rate, hinting at another hike in December

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