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Category Archives: Financial News
Market update – July 2022
It is impossible to write about the current economic situation without first mentioning the humanitarian impact of the conflict in Ukraine. Tens of thousands of people have been killed or injured, including a huge number of civilians. Some 5 million refugees have already fled to other countries, with a further Read the full article…
Increasing interest rates
The Bank of England has now raised the UK interest rate five times since December 2021, gradually increasing from 0.1% to the current 1.25%. UK inflation (as measured by CPI – the Consumer Prices Index) increased again in May – to 9.1%, its highest level since 1982. In the US, Read the full article…