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Monetary policy committee votes to increase base rate after February’s surprise rise in inflationBusiness live – latest updatesAnalysis: Is this the end of interest rate rises? What the interest rate rise means for youThe Bank of England has raised int…
Unite says their analysis shows banks have made £7bn in extra profit from the rise in borrowing costsBritain’s biggest banks are under pressure to pass on higher interest rates to savers after figures showing they have made an extra £7bn by refusing to…
Britain appears to be an international outlier after the shock reading in double digits this weekLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price…
From low-fat milk to sugar, energy bills to clothing, how costs have soaredLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price rises affect youThe U…
Surprise increase makes hike more likely, but economy is perilously close to recessionLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price rises affe…
Increase confounds forecasts of a modest dip and adds to pressure on Bank of England to raise interest ratesLive coverage: Inflation jumps as cost of living crisis intensifiesWhich goods and services have risen most in price?Inflation calculator: find …
Deficit increases despite higher tax receipts and lower interest paymentsUK government borrowing rose last month to the highest February deficit on record, largely because of spending on support schemes to help households and businesses with spiralling…
FTSE 100 rises and European banking shares are up after early jitters over what UBS takeover deal means for bondholdersWhat are AT1 bank bonds – and why are Credit Suisse’s wiped out?First Republic’s shares drop after downgraded credit ratingNils Pratl…
Exclusive: David Blanchflower urges rethink after collapse of Silicon Valley Bank and lifeline thrown to Credit SuisseThe Bank of England should slash interest rates and stop selling government bonds in the wake of the turmoil in the banking sector, a …
Swiss government forces through takeover at well below market value amid fears of global banking crisisMillions paid in bonuses to UK SVB staff days after £1 rescueBank runs, bailouts, rescues: are the ghosts of 2008 rising again?The Swiss government h…