Worries are growing that the UK could be clobbered with a cost of living squeeze and a hike in interest rates after the Bank of England’s chief economist warned this week that higher inflation could prove more persistent than previously thought, writes Mattie Brignal.
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A proposed budget in a divided France has investors spooked as economic woes plague Europe.
It’s safe to say that the plan has already suffered some setbacks.
Today’s surprise vote by Tory MPs places Badenoch and Jenrick as the final contenders for November’s party member vote.
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