Shoppers at a supermarket in London. File/Reuters
British inflation surged further above the Bank of England’s target in June to strike 2.5 per cent, its highest since August 2018, increasing speculation that the BoE will have to consider sooner whether to ease off its huge stimulus programme.
Six years ago I made a terrible, terrible mistake. I voted Leave. I thought Brexit would work, or at least could work and create the conditions to build a more competitive economy, and therefore a more prosperous one. I’d been watching the 2016 Euros and drew inspiration from them. Every team had
Usually, the market in political commentary overshoots. Every other week for Tony Blair was his “worst week ever”, as Alastair Campbell used to say. Gordon Brown was written off and then managed to claw back enough ground to deny the Conservatives a majority. Theresa May could do no wrong, and then she could do no right, but
Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on Monday. However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in April 2019 was lower than the corresponding period of last year when retail inflation stood at 4.58 per cent.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, today toured the 43rd edition of the Big 5, the largest and most influential construction event in the Middle East, Africa and South Asia, at the Dubai World Trade Centre. Sheikh Hamdan said Dubai aims to be a
India’s central bank raised its key policy rate by 35 basis points to 6.25 per cent on Wednesday, the highest in over three years and its fifth straight increase, and vowed there will be no let up in its fight to tame high inflation. While there have been signs recently that price pressures may be moderating, Reserve Bank of India (RBI)
AD Ports Group has signed a collaboration agreement with the Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, to address infrastructure gaps across the continent. The agreement provides the basis for the two organisations to join forces on identifying, financing, developing and investing in much-needed
Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), and Vice Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI), has received a high-level business delegation from Uzbekistan’s Chambers of Commerce and Industry. The delegation was led by Vakhabov Davron,