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Bank of England finally increases interest rates to 4.25%

Following Wednesday's unexpected increase in inflation, the Bank of England declared that interest rates had increased for the eleventh time in the previous two...

Citi’s Marc Merlino on why Kenya remains attractive to investors

Due to a lack of cash, the Covid-19 outbreak, the crisis in Ukraine, and unfavorable mood in the run-up to the August elections, Kenyan...

Recession risk rises as economy unexpectedly shrinks

The UK economy unexpectedly shrank in August, strengthening predictions that it will fall into a recession. The surprise 0.3% drop came as factories and consumer-facing...

Bank will ‘not hesitate’ to raise interest rates after pound’s fall

The Bank of England has said it will "not hesitate" to hike interest rates to curb inflation after the pound fell to a record...

As the deadline approaches, lines form at the BoE office to replace the £20 and £50 notes – Report

As the deadline of September 30 draws near, many UK citizens are rushing against time to have the £20 and £50 notes they now...

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