Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets
The dollar clung to a two-month high on Thursday after a strong manufacturing reading reignited inflation fears and rate-hike bets, while a weak Treasury auction sent yields higher across the curve, providing fresh impetus to the US currency.
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Bank of England raises interest rate to 4%: what it means for borrowers and savers
The quarter-point increase is the first in more than three years. Tracker borrowers face higher payments, while changes for variable mortgages and savings depend on providers.
Poundland owner commits to prioritising jobs in rescue talks
Gordon Brothers met Business Secretary Jonathan Reynolds on 4 November and said it would prioritise bids protecting workers and stores, as suppliers face significant risks.
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