Pound slumps against euro as ECB plots more interest rate rises
The pound has dropped to its weakest against the euro since early 2021 as traders gear up for more interest rate rises by the European Central Bank.
Source: telegraph.co.uk
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This is not a full-blown economic crisis (not yet anyway)
If the Bank is really going to get on top of inflation then there will have to be real economic pain
Source: telegraph.co.uk
Russia reopens bond market to 'non-hostile' investors
China has cut a key lending rate in a bid to shore up its economy after new data showed its slowdown deepened in July due to a worsening property slump and continued Covid lockdowns.
Source: telegraph.co.uk
Our ailing economy needs another dose of Thatcher's shock treatment
We need vision and determination if we are to pull the public and private sectors out of their malaise
Source: telegraph.co.uk
Airline asks bosses to work as baggage handlers amid staff shortages
Senior executives at Qantas have been asked to leave their high-flying roles for three months and haul luggage instead as the airline grapples with staff shortages.
Source: telegraph.co.uk