Bank of England hikes interest rates to 4% but expects shallower recession
Decision makers on the Bank’s Monetary Policy Committee (MPC) opted to hike the base rate from 3.5 to 4 per cent
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Bank of England raises UK interest rates to 4%
Hike of 0.5 percentage points lifts rates to 14-year high, but BoE says shorter and shallower recession now more likelyInterest rates rise again but Bank of England hints at a brighter futureThe Bank of England raised interest rates for a tenth consecu…
What’s new for Medicare in 2023?
A new year means changes to Medicare, including updated premiums and deductibles and sometimes big policy moves.
British Gas sorry its agents broke into customers’ homes
The U.K. energy regulator is investigating revelations that debt collectors working for British Gas broke into customers’ homes to install prepay gas meters that left vulnerable people at risk of having their heat cut off.
Spanish, Moroccan prime ministers meet to improve ties
The governments of Spain and Morocco have held wide-ranging meetings aimed at improving historically fraught ties and striking deals on customs crossings and business development.
Norway PM says oil profits to fund more aid to Ukraine
Prime Minister Jonas Gahr Støre of Norway says the oil-rich Scandinavian country will become one of the world’s top donors to Ukraine when his government presents another planned military and civilian aid package.
EU assembly lifts immunity of 2 lawmakers linked to scandal
The European Parliament has removed the protective immunity of two lawmakers linked to one of the EU’s biggest corruption scandals.
Energy regulator launches British Gas investigation over prepayment meters
Debt collectors allegedly broke into homes to fit meters despite signs of children and vulnerable people living thereThe energy regulator has launched an investigation into British Gas after it emerged that agents working on its behalf ignored customer…
Shell profit doubles to record as war drives up energy costs
Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine.
Turkey slams West for security warnings ‘harming’ tourism
Turkey has slammed a group of Western countries which temporarily closed down their consulates in Istanbul over security concerns.